The Middle East's

Top 100 Listed
Companies 2022

63. QNB ALAHLI *

Country: Egypt

Sector: Banks & financial services

CEO: Mohamed Mahmoud Bedeir

Market Value: $2 billion

Sales: $1.9 billion

Profits: $410 million

Assets: $19.3 billion

In 2013, the QNB Group acquired a majority stake in Egypt’s NSGB Bank and changed its name to QNB Alahli. It provides services for more than 1.3 million clients and employs over 6,991 people across a network of 231 branches. In March 2022, the bank launched an instant payment service in collaboration with InstaPay allowing its clients to transfer money between their accounts and other accounts in participating banks.