And the award goes to: HSBC was named Egypt’s Best Bank for Diversity and Inclusion at the EuromoneyAwards for Excellence 2024, according to a statement (pdf) from the lender. The award recognizes HSBC’s work supporting widows and students with disabilities.

What they said: “Being recognised as the Best Bank for Diversity and Inclusion demonstrates our commitment to creating an inclusive business that supports diverse groups in both our workplace and the wider community,” said HSBC Egypt CEO Todd Wilcox.

That trophy shelf is getting pretty heavy: HSBC also received awards for Best Investment Bank in the Middle East, Best Bank for Sustainable Finance, and Best Bank for Financing in the region.

EGYPT’S TOP COMPANIES FOR THE YEAR-

Forbes Middle East has released its list of Egypt’sTop 50 Listed Companies2024, taking into account the companies’ market value, sales, assets, and income for the 2023 financial year.

Little change from last year: Orascom Construction was the only newcomer to the top five this year, taking over the fifth spot from Egypt Kuwait Holding. The top five are:

  • CIB
  • QNB Alahli
  • Elsewedy Electric
  • Telecom Egypt
  • Orascom Construction

Our top two firms also made Forbes’ regional ranking: CIB came in at 51 in Forbes’ ranking of companies in the MENA region, while QNB Alahli was at 89. Topping the ranking were Saudi Aramco, Saudi National Bank, and the UAE’s International Holding Company.

Check out the full local list here and the regional list here.

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