Egypt’s stock market saw high trading volume, underscoring sustained liquidity and investor activity across both equities and fixed-income instruments. Total market capitalization rose by about 20% to EGP3.95 trillion ($77.01 billion) as of July 22, 2026, according to data compiled from the Egyptian Exchange (EGX) by Shore Africa. The rebound, driven by currency stabilization, renewed foreign investor appetite, and strong earnings from industrial and banking giants, reshaped the country’s corporate hierarchy.

Data from the Egyptian Exchange shows total market turnover of approximately EGP122.8 billion ($2.39 billion), driven largely by heavy trading in treasury instruments, while equities maintained strong participation, with over 3.8 billion shares exchanged.

The session recorded more than 249,000 transactions, reflecting broad-based engagement from institutional and retail investors despite a mixed performance across listed stocks. Equities trading remained active but relatively balanced, with gainers narrowly outpacing decliners, signaling cautious optimism among investors. Roughly 101 stocks advanced compared to 99 decliners, while 20 remained unchanged, highlighting a market still searching for clear directional momentum.

Meanwhile, Egypt’s fixed-income segment dominated value traded, primarily treasury bonds and bills. The top 10 listed firms now account for more than $32 billion, over 40% of the total market, underscoring the dominance of Egypt’s largest companies in shaping investor sentiment. At the center of this resurgence are banks, industrial players, and real estate developers benefiting from structural demand, infrastructure expansion, and export growth.

Commercial International Bank (CIB) retains a commanding lead, valued at more than twice its nearest competitor, reflecting the continued dominance of financial institutions. Meanwhile, industrial firms, particularly in fertilizers, cement, and energy-linked manufacturing, emerged as standout performers, fueled by global commodity cycles and local demand.

Real estate developers such as Talaat Moustafa Group continue to ride Egypt’s urban expansion, while telecom and fintech firms benefit from rising digital adoption. Together, these ten companies form the backbone of Egypt’s modern economy, employing thousands and shaping sectors from banking and housing to infrastructure and exports.

Below is a breakdown of Egypt’s 10 most valuable listed firms as of July 22, 2026, based on market capitalization as researched by Shore Africa.

1. Commercial International Bank (CIB)
Industry: Banks & Financial Services
CEO: Hisham Ezz Al-Arab
Market Cap: EGP429.92 billion ($8.38 billion)
CIB operates across Egypt, Kenya, Ethiopia, and the UAE, serving more than two million customers through 214 branches as of 2025. In 2025, it extended $638.8 million in long-term financing to SCZONE for infrastructure and utilities projects. In July 2025, it signed a $20.5 million mid-term financing agreement with Orascom Investment Holding subsidiary OSL to redevelop the Giza Pyramids Sound and Light Show. In 2025, total assets reached $30.7 billion, while net profit rose 49% year on year to $1.7 billion.

2. Talaat Moustafa Group Holding (TMG Holding)
Industry: Real Estate & Construction
CEO & Managing Director: Hisham Talaat Moustafa
Market Cap: EGP207.1 billion ($4.04 billion)
TMG Holding is Egypt’s largest real estate developer, with major projects in Saudi Arabia, Iraq, and Oman. In May 2025, it signed an agreement to develop two mixed-use sustainable projects in Oman, covering 4.9 million square metres with projected sales of $4.7 billion. It reported $8 billion in contracted sales, while net profit jumped 43% to $381 million in 2025.

3. Elsewedy Electric
Industry: Industrials Group
President & CEO: Ahmed Elsewedy
Market Cap: EGP200.38 billion ($3.91 billion)
Elsewedy Electric is one of MEA’s leading wires and cables and integrated infrastructure solutions providers, with 31 production facilities across 15 countries. Its revenue grew 21.2% to $4.2 billion during the first nine months of 2025. In September 2025, it inked a $2.5 billion investment agreement with the Algerian Investment Promotion Agency to support industrial projects and technology transfer.

4. Telecom Egypt
Industry: Telecommunications
Managing Director & CEO: Tamer El Mahdi
Market Cap: EGP176.31 billion ($3.44 billion)
Telecom Egypt had around 25.25 million fixed broadband and voice subscribers, and 15.5 million mobile subscribers. In 2025, net profit more than doubled to $473 million. In September 2025, it gave initial approval for Helios Investments to acquire a 75% to 80% stake in a subsidiary that owns its Regional Data Hub at a valuation of $230 million to $260 million. In November 2025, the company – as part of a global consortium – completed the 2Africa subsea cable infrastructure.

5. Aluminum Company of Egypt (Egyptalum)
Industry: Industrials
Executive Managing Director: Mahmoud Agour
Market Cap: EGP124.21 billion ($2.42 billion)
Egyptalum is the sole primary aluminium manufacturer in Egypt and among the largest producers in North Africa. It sold 295,000 tonnes of aluminium during the fiscal year 2024/25 for $870 million. In September 2025, it also signed an MoU with Aluminium Bahrain (Alba) to evaluate the feasibility of building a $3 billion alumina refinery in Egypt. In January 2026, it unveiled a $1.3 billion investment plan across two projects aimed at boosting capacity by 300,000 tonnes per year and launching aluminium foil production.

6. QNB Egypt
Industry: Banks & Financial Services
CEO: Mohamed Bedeir
Market Cap: EGP122.83 billion ($2.39 billion)
Established in 1978, QNB Egypt served nearly two million customers across 238 branches in 2025. The bank posted $630 million in net profit in 2025, with total assets rising 13% to $19.5 billion as of December 2025, while customer deposits reached $16.3 billion. QNB Group holds a 94.97% majority stake in the bank.

7. Eastern Company
Industry: Retail
CEO & Managing Director: Hany Aman
Market Cap: EGP112.47 billion ($2.19 billion)
Established in 1920, Eastern Company is the only local manufacturer of cigarettes in Egypt. Its revenue rose 83% in the 2025 fiscal year to $753 million, while net profit reached $196 million. In September 2025, Fidelity Investments acquired a 5.2% stake in Eastern Company for $130 million. Global Investment Holding is the company’s largest shareholder, with a 30% stake.

8. Misr Fertilizers Production Company (MOPCO)
Industry: Industrials
Chairman & Managing Director: Ahmed El-Sayed
Market Cap: EGP106.75 billion ($2.08 billion)
Established in 1998, MOPCO is the largest nitrogen fertiliser plant in Egypt. In the first nine months of 2025, sales rose 42% to $388 million, while net profit dropped 33% to $162 million. In November 2025, it announced plans to invest up to $250 million to increase production capacity by 10% to 2.2 million tonnes annually. The Egyptian Petrochemicals Holding Company is the largest shareholder, with a 31.47% stake in MOPCO.

9. Abu Qir Fertilizers & Chemical Industries
Industry: Industrials
Chairman & CEO: Hany Dahy
Market Cap: EGP91.23 billion ($1.78 billion)
Abu Qir Fertilizers produces nitrogen fertilizers and chemical products in Egypt, with production volume reaching 1.9 million tonnes of fertilisers and ammonia in FY 2024/25. It exports to 68 clients across 22 markets. In May 2025, it partnered with a Chinese consortium to launch a $658 million phosphoric acid production complex in New Valley, with a first-phase capacity of 250,000 tonnes annually. Revenue exceeded $272 million in the first half of fiscal year 2025/26, ending December 2025, the highest in its history.

10. e-finance Investment Group
Industry: Financial Services
Chairman & Managing Director: Ibrahim Sarhan
Market Cap: EGP81.09 billion ($1.58 billion)
e-finance was launched in 2005 and contracted by Egypt’s Ministry of Finance in 2007 as the government’s e-payment hub. In January 2026, e-finance, with the Financial Regulatory Authority (FRA), launched Egypt’s first fully integrated digital payment network for the non-banking financial sector. In 2025, revenue reached $142 million, with net profit of $51.5 million. PIF’s Saudi Egyptian Investment Company is the company’s largest shareholder, with a 25.8% stake.