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Wednesday, 29 November 2017

CIB tops Forbes Middle East’s 50 Best Egyptian Companies list

Speaking of CIB: The bank topped Forbes Middle East’s Top Egyptian Companies list, which was unveiled earlier this week, The UAE News reports. The bank was honored at Forbes’ Egypt 100 conference alongside the likes of Global Telecom Holding, Elsewedy Electric, Union National Bank of Egypt, Qatar National Bank, Arafa Group, Palm Hills Development, and Oriental Weavers. The selection process for the companies “comes in line with the global criteria followed for choosing the best 100 companies in the Arab world, including analysis of revenues, profits, market value, and assets,” Forbes Middle East’s Editor-in-Chief Khuloud Al Omian said.

The event also honored CBE Deputy Governor Lobna Helal, Social Solidarity Minister Ghada Wali, and Planning Minister Hala El Said among the 25 most powerful Egyptian women, Al Masry Al Youm reports. The Egypt 100 list also included a category for the 25 strongest Egyptian startups, with awards being presented to Eventtus, digital recruitment platform Wuzzuf, international shipping platform Edfa3ly, and online medical booking company Vezeeta.

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