As of February 12, 2024, COMMERCIAL INTERNATIONAL BANK (EGYPT) is the most valuable company in Egypt, with a market cap of $7.86 billion. Following it are MISR FERTILIZER PRODUCTION COMPANY ($5.19 billion) and ABU QIR FERTILIZERS AND CHEMICAL INDUSTRIES ($3.63 billion). Egypt’s top five most valuable companies include some of the world’s most renowned brands: TALAAT MOUSTAFA GROUP HOLDING (No. 4, $2.87 billion) and QNB ALAHLI S.A.E (No. 5, $2.74 billion).
Overall, among Egypt’s top 10 largest companies by market capitalization, the sixth, seventh, eighth, ninth, and tenth positions are held by ALEXANDRIA CONTAINER&CARGO HANDLING COMPANY, EASTERN COMPANY S.A.E, TELECOM EGYPT COMPANY, EL SEWEDY ELECTRIC COMPANY, and EGYPT ALUMINUM.
Which one is the most valuable in Egypt by market cap? This list comprises the biggest companies currently in Egypt by market cap in 2024:
Egypt's Largest Companies by market capitalization, 2024
| RANK | COMPANY | MARKET CAP (US$) |
|---|---|---|
| 1 | COMMERCIAL INTERNATIONAL BANK (EGYPT) S.A.E. | $7.86 B |
| 2 | MISR FERTILIZER PRODUCTION COMPANY | $5.19 B |
| 3 | ABU QIR FERTILIZERS AND CHEMICAL INDUSTRIES CO. (S.A.E.) | $3.63 B |
| 4 | TALAAT MOUSTAFA GROUP HOLDING | $2.87 B |
| 5 | QNB ALAHLI S.A.E | $2.74 B |
| 6 | ALEXANDRIA CONTAINER&CARGO HANDLING COMPANY | $2.55 B |
| 7 | EASTERN COMPANY S.A.E | $2.34 B |
| 8 | TELECOM EGYPT COMPANY | $2.29 B |
| 9 | EL SEWEDY ELECTRIC COMPANY | $2.18 B |
| 10 | EGYPT ALUMINUM | $1.54 B |
| 11 | GLOBAL TELECOM HOLDING S.A.E. | $1.46 B |
| 12 | EZZ STEEL COMPANY (S.A.E) | $1.36 B |
| 13 | E-FINANCE FOR DIGITAL AND FINANCIAL INVESTMENTS S.A.E. | $1.07 B |
| 14 | CREDIT AGRICOLE - EGYPT BANK (S.A.E.) | $1.06 B |
| 15 | SIDI KERIR PETROCHEMICALS CO. | $993 M |
| 16 | EFG HOLDING | $898 M |
| 17 | EGYPT KUWAIT HOLDING COMPANY (S.A.E.) | $887 M |
| 18 | HOUSING AND DEVELOPMENT BANK- EGYPT (S.A.E) | $869 M |
| 19 | EMAAR MISR FOR DEVELOPMENT COMPANY (S.A.E.) | $863 M |
| 20 | GOLDEN PYRAMIDS PLAZA S.A.E. | $833 M |
| 21 | AL EZZ DEKHEILA STEEL COMPANY - ALEXANDRIA S.A.E. | $789 M |
| 22 | ABU DHABI ISLAMIC BANK - EGYPT - S.A.E | $761 M |
| 23 | EDITA FOOD INDUSTRIES COMPANY (S.A.E) | $759 M |
| 24 | TAQA ARABIA S.A.E. | $698 M |
| 25 | FAISAL ISLAMIC BANK OF EGYPT | $646 M |
| 26 | BELTONE FINANCIAL HOLDING SAE | $612 M |
| 27 | FAWRY FOR BANKING TECHNOLOGY AND ELECTRONIC PAYMENTS S.A.E. | $604 M |
| 28 | JUHAYNA FOOD INDUSTRIES S.A.E. | $565 M |
| 29 | EGYPTIAN CHEMICAL INDUSTRIES | $524 M |
| 30 | EXPORT DEVELOPMENT BANK OF EGYPT (S.A.E.) | $524 M |
| 31 | ORASCOM DEVELOPMENT EGYPT | $505 M |
| 32 | HELIOPOLIS CO. FOR HOUSING & DEVELOPMENT | $488 M |
| 33 | ORIENTAL WEAVERS CARPETS COMPANY (S.A.E) | $488 M |
| 34 | EGYPTIAN IRON AND STEEL COMPANY | $485 M |
| 35 | ALEXANDRIA MINERAL OILS COMPANY | $414 M |
| 36 | DELTA SUGAR COMPANY | $405 M |
| 37 | ELECTRO CABLE EGYPT | $362 M |
| 38 | ALBARAKA BANK EGYPT S.A.E. | $353 M |
| 39 | MADINET MASR FOR HOUSING AND DEVELOPMENT | $339 M |
| 40 | PALM HILLS DEVELOPMENTS S.A.E. | $339 M |
| 41 | BELTONE FINANCIAL HOLDING SAE | $612 M |
| 42 | FAWRY FOR BANKING TECHNOLOGY AND ELECTRONIC PAYMENTS S.A.E. | $604 M |
| 43 | JUHAYNA FOOD INDUSTRIES S.A.E. | $565 M |
| 44 | EGYPTIAN CHEMICAL INDUSTRIES | $524 M |
| 45 | EXPORT DEVELOPMENT BANK OF EGYPT (S.A.E.) | $524 M |
| 46 | ORASCOM DEVELOPMENT EGYPT | $505 M |
| 47 | HELIOPOLIS CO. FOR HOUSING & DEVELOPMENT | $488 M |
| 48 | ORIENTAL WEAVERS CARPETS COMPANY (S.A.E) | $488 M |
| 49 | EGYPTIAN IRON AND STEEL COMPANY | $485 M |
| 50 | ALEXANDRIA MINERAL OILS COMPANY | $414 M |
| 51 | DELTA SUGAR COMPANY | $405 M |
| 52 | ELECTRO CABLE EGYPT | $362 M |
| 53 | ALBARAKA BANK EGYPT S.A.E. | $353 M |
| 54 | MADINET MASR FOR HOUSING AND DEVELOPMENT | $339 M |
| 55 | PALM HILLS DEVELOPMENTS S.A.E. | $339 M |
| 56 | SIXTH OF OCTOBER FOR DEVELOPMENT AND INVESTMENT COMPANY "SODIC" (S.A.E.) | $309 M |
| 57 | MISR HOTELS COMPANY | $308 M |
| 58 | RAYA HOLDING COMPANY FOR FINANCIAL INVESTMENTS (S.A.E) | $308 M |
| 59 | MM GROUP FOR INDUSTRY AND INTERNATIONAL TRADE S.A.E. | $291 M |
| 60 | GB CORP | $279 M |
| 61 | CLEOPATRA HOSPITALS GROUP S.A.E. | $251 M |
| 62 | SUEZ CANAL COMPANY FOR TECHNOLOGY SETTLING (S.A.E) | $249 M |
| 63 | CAIRO FOR INVESTMENT & REAL ESTATE DEVELOPMENT S.A.E. | $248 M |
| 64 | THE EGYPTIAN SATELLITE COMPANY NILESAT | $243 M |
| 65 | SUEZ CANAL BANK (S.A.E) | $222 M |
| 66 | MINAPHARM PHARMACEUTICALS | $92 M |
| 67 | MISR BENI SUEF CEMENT CO. S.A.E | $91 M |
| 68 | INTERNATIONAL COMPANY FOR AGRICULTURAL CROPS | $88 M |
| 69 | ASEC COMPANY FOR MINING ASCOM, S.A.E | $87 M |
| 70 | MARIDIVE AND OIL SERVICES S.A.E. | $85 M |
| 71 | ACROW MISR | $81 M |
| 72 | INDUSTRIAL ENGINEERING COMPANY FOR CONSTRUCTION AND DEVELOPMENT | $78 M |
| 73 | MOHANDES INSURANCE COMPANY | $78 M |
| 74 | PYRAMISA HOTELS & RESORTS | $76 M |
| 75 | DICE SPORT & CASUAL WEAR | $76 M |
| 76 | GENERAL CO. FOR SILOS & STORAGE | $74 M |
| 77 | LECICO EGYPT (S.A.E.) | $72 M |
| 78 | ORASCOM INVESTMENT HOLDING S.A.E. | $67 M |
| 79 | ARABIA COTTON GINNING COMPANY | $67 M |
| 80 | MISR CEMENT (QENA) COMPANY (S.A.E) | $65 M |
| 81 | ORASCOM FINANCIAL HOLDING S.A.E. | $65 M |
| 82 | UNITED CO. FOR HOUSING & DEVELOPMENT - S.A.E. | $63 M |
| 83 | AL SHAMS HOUSING AND URBANIZATION SAE | $62 M |
| 84 | SOCIÉTÉ ARABE INTERNATIONALE DE BANQUE S.A.E | $58 M |
| 85 | MACRO GROUP PHARMACEUTICALS (MACRO CAPITAL) S.A.E | $56 M |
| 86 | ALEXANDRIA SPINNING & WEAVING CO. | $56 M |
| 87 | KAFR EL ZAYAT PESTICIDES & CHEMICALS CO.(S.A.E) | $53 M |
| 88 | SINAI CEMENT CO. (S.A.E) | $53 M |
| 89 | EL KAHERA HOUSING | $53 M |
| 90 | NAEEM HOLDING COMPANY FOR INVESTMENTS (S.A.E - FREE ZONE) | $52 M |
| 91 | EL-NASR CLOTHING & TEXTILES CO. (KABO) | $47 M |
| 92 | NOZHA INTERNATIONAL HOSPITAL | $47 M |
| 93 | MIDDLE & WEST DELTA FLOUR MILLS | $47 M |
| 94 | AL EZZ CERAMICS & PORCELAIN CO. | $46 M |
| 95 | DELTA INSURANCE COMPANY | $46 M |
| 96 | DEVELOPMENT & ENGINEERING CONSULTANTS | $45 M |
| 97 | ARAB CO.,FOR ASSET MANAGEMENT AND DEVELOPMENT | $42 M |
| 98 | EGYPTIANS FOR HOUSING & DEVELOPMENT CO. | $41 M |
| 99 | ARAB MOLTAQA INVESTMENTS COMPANY | $41 M |
| 100 | SHARM DREAMS CO. FOR TOURISTIC INVESTMENT S.A.E | $40 M |
| 101 | ODIN INVESTMENTS (S.A.E) | $40 M |
| 102 | ALEXANDRIA CO. FOR PHARMACEUTICALS & CHEMICAL INDUSTRIES | $40 M |
| 103 | AJWA FOR FOOD INDUSTRIES CO. EGYPT | $40 M |
| 104 | OCTOBER PHARMA S.A.E | $39 M |
| 105 | UPPER EGYPT MILLS COMPANY | $39 M |
Market capitalization, commonly known as market cap, refers to the total market value of a company’s outstanding shares. It is calculated by multiplying the current stock price by the total number of shares outstanding. For example, if a company has 2.34 billion shares outstanding and its stock price is $66.66 per share, its market cap would be $156 billion (2,340,000,000 x $66.66). Investors often use the market cap as a quick estimate of a company’s overall value and as a factor in determining whether to buy a stock. Stocks are often categorized by market cap: mega-cap ($100 billion-plus), large-cap ($10 billion-$100 billion), mid-cap ($2 billion-$10 billion), small-cap ($300 million-$2 billion), and micro-cap (less than $300 million).
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