Abu Dhabi Islamic Bank – Egypt Listed Among Forbes’ 50 Leading Public Companies in Egypt for 2025

Abu Dhabi Islamic Bank – Egypt Listed Among Forbes’ 50 Leading Public Companies in Egypt for 2025

 

Forbes Middle East has revealed its 2025 list of the Top 50 Public Companies in Egypt, highlighting the strongest performers across key sectors. Abu Dhabi Islamic Bank – Egypt (ADIB Egypt) secured the 8th position on the list, reflecting its robust financial performance and growing influence in the Egyptian banking sector.

According to Forbes, ADIB Egypt achieved the following in 2024:

Market Capitalization: $487 million

Sales: $792 million

Net Profit: $177 million

Total Assets: $5.1 billion

Founded in 2007, ADIB Egypt was established after Abu Dhabi Islamic Bank and Emirates International Investment Company acquired the National Bank for Development. The bank provides a broad range of Sharia-compliant financial services through 72 branches and 139 ATMs across Egypt.

In January 2024, the bank led a Sharia-compliant syndicated financing deal worth $178 million in favor of Giza Systems and its subsidiary Vaz Integrated Solutions, further strengthening its position as a major player in Islamic finance.

The year 2024 saw ADIB Egypt’s net profit surge by 93%, reaching $177 million, while its total assets grew by 60.5%, hitting the $5.1 billion mark.

The banking and financial services sector dominated the Forbes list, with 17 companies, generating combined sales of $13.5 billion and holding total assets of $78.4 billion. This was followed by the industrial and real estate & construction sectors, each represented by seven companies.

ADIB Egypt’s inclusion and high ranking in Forbes’ prestigious list confirms its exceptional growth trajectory, commitment to Islamic finance, and significant role in Egypt’s evolving financial landscape.