Egyptian Undervalued based on future growth

Commercial International Bank Egypt (CIB)E

Market Cap: ج.م249.2b

Commercial International Bank Egypt (CIB) S.A.E.

Talaat Moustafa Group Holding

Market Cap: ج.م117.7b

Engages in the real estate development business in Egypt.

Eastern CompanyE

Market Cap: ج.م96.9b

Manufactures and sells tobacco products in Egypt and internationally.

Alexandria Container&Cargo Handling

Market Cap: ج.م69.1b

Provides container handling services in Egypt.

Telecom Egypt

Market Cap: ج.م64.0b

Provides public communications, and related products and services in Egypt.

Qatar National Bank

Market Cap: ج.م62.9b

Provides various banking products and services in Egypt.

EFG Holding CompanyE

Market Cap: ج.م41.4b

A financial services company, provides investment banking products and services in Egypt, rest of GCC countries, and internationally.

Egypt Kuwait Holding Company (S.A.E.)

Market Cap: US$768.9m

An investment holding company specializes in private equity and secondary investing.

Abu Dhabi Islamic Bank - Egypt -E

Market Cap: ج.م27.2b

Provides various banking products and services to individuals and corporates in Egypt and internationally.

Juhayna Food IndustriesE

Market Cap: ج.م26.1b

Engages in producing, manufacturing, processing, and packaging of dairy products, juices, and cooking products in Egypt.

GB

Market Cap: ج.م26.1b

Engages in the assembly, manufacture, sale, distribution, financing, and after-sales service of automotive products in the Middle East and Egypt.

Palm Hills DevelopmentsE

Market Cap: ج.م23.5b

Develops integrated residential and commercial real estate, and resort projects primarily in Egypt.

Credit Agricole - Egypt Bank (S.A.E.)

Market Cap: ج.م22.1b

Provides corporate, retail, and investment banking services in the Arab Republic of Egypt and internationally.

Edita Food Industries Company (S.A.E)

Market Cap: ج.م18.9b

Engages in the production of snack food products in Egypt.

United Bank

Market Cap: ج.م15.6b

Provides commercial and Islamic banking services in Egypt.

Oriental Weavers Carpets Company (S.A.E)

Market Cap: ج.م14.9b

Manufactures and sells carpets, jet-printed rugs, and related raw materials worldwide.

MM Group for Industry and International TradeE

Market Cap: ج.م12.1b

MM Group for Industry and International Trade S.A.E.

Cleopatra Hospitals GroupE

Market Cap: ج.م12.0b

Operates hospitals in Egypt.

Ibnsina Pharma

Market Cap: ج.م9.4b

Operates as a pharmaceutical distributor in Egypt.

alBaraka Bank EgyptE

Market Cap: ج.م8.2b

Provides corporate and retail banking and investments services in Egypt and internationally.

Obour Land for Food IndustriesE

Market Cap: ج.م7.5b

Manufactures and distributes dairy products in Egypt.

Egyptian International Pharmaceutical Industries

Market Cap: ج.م7.5b

Manufactures and sells pharmaceutical ampoules in Egypt and internationally.

Delta Sugar

Market Cap: ج.م7.2b

Engages in the manufacture and sale of sugar beets in Egypt.

Tenth of Ramadan for Pharmaceutical Industries and Diagnostic Reagents (Rameda) (S.A.E)

Market Cap: ج.م6.7b

Produces and sells a range of branded generic pharmaceuticals, food supplements, veterinary products, and nutraceuticals in Egypt.