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CEOWORLD magazine - Latest - Banking and Finance - Egypt’s Largest Companies by market capitalization, 2024

Banking and Finance

Egypt’s Largest Companies by market capitalization, 2024

Egypt

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$)
1COMMERCIAL INTERNATIONAL BANK (EGYPT) S.A.E.$7.86 B
2MISR FERTILIZER PRODUCTION COMPANY$5.19 B
3ABU QIR FERTILIZERS AND CHEMICAL INDUSTRIES CO. (S.A.E.)$3.63 B
4TALAAT MOUSTAFA GROUP HOLDING$2.87 B
5QNB ALAHLI S.A.E$2.74 B
6ALEXANDRIA CONTAINER&CARGO HANDLING COMPANY$2.55 B
7EASTERN COMPANY S.A.E$2.34 B
8TELECOM EGYPT COMPANY$2.29 B
9EL SEWEDY ELECTRIC COMPANY$2.18 B
10EGYPT ALUMINUM$1.54 B
11GLOBAL TELECOM HOLDING S.A.E.$1.46 B
12EZZ STEEL COMPANY (S.A.E)$1.36 B
13E-FINANCE FOR DIGITAL AND FINANCIAL INVESTMENTS S.A.E.$1.07 B
14CREDIT AGRICOLE - EGYPT BANK (S.A.E.)$1.06 B
15SIDI KERIR PETROCHEMICALS CO.$993 M
16EFG HOLDING$898 M
17EGYPT KUWAIT HOLDING COMPANY (S.A.E.)$887 M
18HOUSING AND DEVELOPMENT BANK- EGYPT (S.A.E)$869 M
19EMAAR MISR FOR DEVELOPMENT COMPANY (S.A.E.)$863 M
20GOLDEN PYRAMIDS PLAZA S.A.E.$833 M
21AL EZZ DEKHEILA STEEL COMPANY - ALEXANDRIA S.A.E.$789 M
22ABU DHABI ISLAMIC BANK - EGYPT - S.A.E$761 M
23EDITA FOOD INDUSTRIES COMPANY (S.A.E)$759 M
24TAQA ARABIA S.A.E.$698 M
25FAISAL ISLAMIC BANK OF EGYPT$646 M
26BELTONE FINANCIAL HOLDING SAE$612 M
27FAWRY FOR BANKING TECHNOLOGY AND ELECTRONIC PAYMENTS S.A.E.$604 M
28JUHAYNA FOOD INDUSTRIES S.A.E.$565 M
29EGYPTIAN CHEMICAL INDUSTRIES$524 M
30EXPORT DEVELOPMENT BANK OF EGYPT (S.A.E.)$524 M
31ORASCOM DEVELOPMENT EGYPT$505 M
32HELIOPOLIS CO. FOR HOUSING & DEVELOPMENT$488 M
33ORIENTAL WEAVERS CARPETS COMPANY (S.A.E)$488 M
34EGYPTIAN IRON AND STEEL COMPANY$485 M
35ALEXANDRIA MINERAL OILS COMPANY$414 M
36DELTA SUGAR COMPANY$405 M
37ELECTRO CABLE EGYPT$362 M
38ALBARAKA BANK EGYPT S.A.E.$353 M
39MADINET MASR FOR HOUSING AND DEVELOPMENT$339 M
40PALM HILLS DEVELOPMENTS S.A.E.$339 M
41BELTONE FINANCIAL HOLDING SAE$612 M
42FAWRY FOR BANKING TECHNOLOGY AND ELECTRONIC PAYMENTS S.A.E.$604 M
43JUHAYNA FOOD INDUSTRIES S.A.E.$565 M
44EGYPTIAN CHEMICAL INDUSTRIES$524 M
45EXPORT DEVELOPMENT BANK OF EGYPT (S.A.E.)$524 M
46ORASCOM DEVELOPMENT EGYPT$505 M
47HELIOPOLIS CO. FOR HOUSING & DEVELOPMENT$488 M
48ORIENTAL WEAVERS CARPETS COMPANY (S.A.E)$488 M
49EGYPTIAN IRON AND STEEL COMPANY$485 M
50ALEXANDRIA MINERAL OILS COMPANY$414 M
51DELTA SUGAR COMPANY$405 M
52ELECTRO CABLE EGYPT$362 M
53ALBARAKA BANK EGYPT S.A.E.$353 M
54MADINET MASR FOR HOUSING AND DEVELOPMENT$339 M
55PALM HILLS DEVELOPMENTS S.A.E.$339 M
56SIXTH OF OCTOBER FOR DEVELOPMENT AND INVESTMENT COMPANY "SODIC" (S.A.E.)$309 M
57MISR HOTELS COMPANY$308 M
58RAYA HOLDING COMPANY FOR FINANCIAL INVESTMENTS (S.A.E)$308 M
59MM GROUP FOR INDUSTRY AND INTERNATIONAL TRADE S.A.E.$291 M
60GB CORP$279 M
61CLEOPATRA HOSPITALS GROUP S.A.E.$251 M
62SUEZ CANAL COMPANY FOR TECHNOLOGY SETTLING (S.A.E)$249 M
63CAIRO FOR INVESTMENT & REAL ESTATE DEVELOPMENT S.A.E.$248 M
64THE EGYPTIAN SATELLITE COMPANY NILESAT$243 M
65SUEZ CANAL BANK (S.A.E)$222 M
66MINAPHARM PHARMACEUTICALS$92 M
67MISR BENI SUEF CEMENT CO. S.A.E$91 M
68INTERNATIONAL COMPANY FOR AGRICULTURAL CROPS$88 M
69ASEC COMPANY FOR MINING ASCOM, S.A.E$87 M
70MARIDIVE AND OIL SERVICES S.A.E.$85 M
71ACROW MISR$81 M
72INDUSTRIAL ENGINEERING COMPANY FOR CONSTRUCTION AND DEVELOPMENT$78 M
73MOHANDES INSURANCE COMPANY$78 M
74PYRAMISA HOTELS & RESORTS$76 M
75DICE SPORT & CASUAL WEAR$76 M
76GENERAL CO. FOR SILOS & STORAGE$74 M
77LECICO EGYPT (S.A.E.)$72 M
78ORASCOM INVESTMENT HOLDING S.A.E.$67 M
79ARABIA COTTON GINNING COMPANY$67 M
80MISR CEMENT (QENA) COMPANY (S.A.E)$65 M
81ORASCOM FINANCIAL HOLDING S.A.E.$65 M
82UNITED CO. FOR HOUSING & DEVELOPMENT - S.A.E.$63 M
83AL SHAMS HOUSING AND URBANIZATION SAE$62 M
84SOCIÉTÉ ARABE INTERNATIONALE DE BANQUE S.A.E$58 M
85MACRO GROUP PHARMACEUTICALS (MACRO CAPITAL) S.A.E$56 M
86ALEXANDRIA SPINNING & WEAVING CO.$56 M
87KAFR EL ZAYAT PESTICIDES & CHEMICALS CO.(S.A.E)$53 M
88SINAI CEMENT CO. (S.A.E)$53 M
89EL KAHERA HOUSING$53 M
90NAEEM HOLDING COMPANY FOR INVESTMENTS (S.A.E - FREE ZONE)$52 M
91EL-NASR CLOTHING & TEXTILES CO. (KABO)$47 M
92NOZHA INTERNATIONAL HOSPITAL$47 M
93MIDDLE & WEST DELTA FLOUR MILLS$47 M
94AL EZZ CERAMICS & PORCELAIN CO.$46 M
95DELTA INSURANCE COMPANY$46 M
96DEVELOPMENT & ENGINEERING CONSULTANTS$45 M
97ARAB CO.,FOR ASSET MANAGEMENT AND DEVELOPMENT$42 M
98EGYPTIANS FOR HOUSING & DEVELOPMENT CO.$41 M
99ARAB MOLTAQA INVESTMENTS COMPANY$41 M
100SHARM DREAMS CO. FOR TOURISTIC INVESTMENT S.A.E$40 M
101ODIN INVESTMENTS (S.A.E)$40 M
102ALEXANDRIA CO. FOR PHARMACEUTICALS & CHEMICAL INDUSTRIES$40 M
103AJWA FOR FOOD INDUSTRIES CO. EGYPT$40 M
104OCTOBER PHARMA S.A.E$39 M
105UPPER 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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CEOWORLD magazine - Latest - Banking and Finance - Egypt’s Largest Companies by market capitalization, 2024
Despina Wilson
I am a senior editor and data journalist at CEOWORLD magazine. My job involves using infographics to report on news topics related to business and policy, with a global perspective. I hold a master's degree in journalism and have worked for newspapers and reporting projects in both the US and the UK, giving me a unique transatlantic perspective. I believe that data can enhance coverage of all news topics. As a contributor, I plan cover a wide range of issues, such as gender equality, climate change, labor, and immigration, using relevant statistics and insightful visualizations.

Email: despina@ceoworld.biz