Saib Recognized as One of Egypt’s 50 Leading Public Companies in 2025 by Forbes Middle East

Saib Recognized as One of Egypt’s 50 Leading Public Companies in 2025 by Forbes Middle East

 

Forbes Middle East has unveiled its list of the Top 50 Most Powerful Publicly Listed Companies in Egypt for 2025, with saib  recognized among the standout performers in the Egyptian market. The bank’s inclusion in the list reflects its solid financial performance and continued expansion in both conventional and Islamic banking services.

The ranking is based on the bank’s 2024 financial results, which showed:

Market value: $70 million

Sales: $478 million

Net profit: $34 million

Assets: $3 billion

saib provides its banking services through its headquarters and 43 branches across Egypt, employing over 1,854 staff as of the end of March 2025. The bank also manages a range of investment funds, including saib Fund II, saib Fund III, the saib Daily Liquidity Fund, and Sanabel Fund.

Ownership in saib is led by:

Arab International Bank: 51%

Arab Contractors Investment Company: 17.3%

Misr Insurance Company: 11.3%

Forbes’ ranking methodology relied on verified data from the Egyptian Exchange and assessed companies using four equally weighted criteria:

Sales

Net profit

Total assets (as of 2024)

Market value (as of April 25, 2025)

Companies that had not disclosed their audited financial statements by the cutoff date were excluded. All figures were calculated using foreign exchange rates as of April 25, 2025.

This recognition underscores saib’s growing role in the Egyptian banking landscape and its commitment to financial strength and service diversification