Spectacular Conclusion of the First-ever Diamond Tournament of CIB Egyptian Open Squash Championship 2024
Mostafa Asal and Nour El Sherbini split the $ 650,000 Diamond Award After 9 days of Thrilling Matches
Cairo, Egypt – September 6, 2024: The 5th CIB Egyptian Open Squash Championship has successfully wrapped up at the O West Sports Club, powered by Commercial International Bank (CIB), presented by I-Events and sponsored by Lamar Egypt,
with Mostafa Asal emerging as the men’s champion and Nour El Sherbini taking the women’s title. These victories, celebrated in front of an enthusiastic crowd, come with a share of the $650,000 prize pool which is split equally between both draws —the largest ever awarded in Squash.
The CIB Egyptian Open is the professional squash’s first Diamond tier event and the first major title on offer during the 2024-25 professional squash season, with a 48-man and 48-woman draw battling for the trophy.
The tournament, a landmark in the sport’s history as the first-ever Diamond Squash Tournament under the Professional Squash Association (PSA), brought together 152 top players from 25 countries. Hosted under the auspices of the Ministry of Youth and Sports and the General Authority for Tourism and Antiquities, the event has solidified Egypt’s reputation as a premier destination for international sports.
Among the notable attendees were General. Ismail El Far, Deputy of the Sports and Youth Minister, Mr. Alex Gough, Chief Executive Officer of the Professional Squash Association, and Mr. Assem Khalifa, Egyptian Squash Federation President, who witnessed firsthand the high level of competition and the world-class facilities and infrastructure at O West that guarantee its ability to host this event, as well as other events, on a global scale.
Hussein Abaza, CEO and Managing Director of CIB Egypt: “As we conclude the 5th edition of the CIB Egyptian Open Squash Championship, it’s evident that this year’s event has set a new benchmark in the squash world. Introducing the first-ever Diamond Squash Tournament made history and reaffirmed our commitment to supporting Egyptian talent. Our role goes beyond sponsorship; we are here to ensure that Egypt’s legacy in squash continues to thrive globally.”
Amr Mansi, Founder and CEO of ievents: “Wrapping up this landmark tournament, I can’t help but reflect on our incredible journey. The success of the CIB Egyptian Open Squash Championship this year is a direct result of the strong partnership with CIB and O West. As we close this chapter, it’s clear that Egypt’s leadership in sports tourism has been further solidified, and our efforts will continue to resonate as we prepare for squash’s debut in the Olympics.”
Tamer Dewidar, CEO of O West, Makadi Heights, and Byoum “Congratulations to the winners of the CIB Diamond Squash Tournament! It has been a pleasure to conclude this esteemed event at the O West Sports Club. This tournament exemplifies our capability to host premier sporting events with the highest level of excellence and reinforces O West Sports Club’s position as the biggest club in west Cairo. We remain steadfast in our mission to continue delivering exceptional events and strengthening our commitment to O West’s social infrastructure pillars, sports, culture, education, entrepreneurship, and arts.”
The success of this year’s championship not only underscores Egypt’s ability to host high-caliber events but also reinforces its status as a global powerhouse in squash. CIB’s ongoing support of the sport demonstrated through previous sponsorships and initiatives, is a testament to its commitment to fostering the next generation of champions as Egypt prepares for the 2028 Olympics.
About CIB
Established in 1975, Commercial International Bank (CIB) is Egypt’s leading private sector bank. Each of CIB’s 8,238 employees is dedicated to achieving the bank’s mission: delivering a distinctive customer experience through innovation and data analytics to provide customer-centric solutions and services that meet their needs. With a well-established network of over 200 branches, first-rate remote channels, and digital solutions, CIB provides individuals, households, high-net-worth individuals, large corporations, and small businesses with exceptional, 24/7 services.
CIB has consistently been recognized as the most profitable bank operating in Egypt and the bank of choice for over 500 of Egypt’s largest corporations. Since 2019, Bloomberg has included CIB in its “Gender-Equality Index,” making it the first company in Egypt and Africa to be listed on the index, which includes 230 companies from 36 countries representing ten sectors.
For further information about CIB’s products and services, please visit cibeg.com
About O West
O West, one of Orascom Development’s fully integrated towns in west Cairo is located on an area of 4.2 Mn m2 with a one-of-a-kind urban design that harmoniously combines residential buildings with landscapes and green areas. The town is divided into different neighborhoods, places for social events, in addition to vital facilities and amenities. O West includes 11,000 residential units, a medical area, a commercial area, administrative offices that aim to support entrepreneurship, a health complex, 4 major international schools, and O Business District. O West Club is considered to be one of the biggest clubs in west Cairo, located on an area of 15.3 K m2. O West is also a smart town, with a smart roads network connecting the entire town, as well as smart security solutions that provide high safety levels for all the town residents through surveillance systems operating throughout the day, in addition to a smart irrigation system that helps rationalize water consumption.
About Orascom Development Holding:
Orascom Development Holding is a leading international developer specializing in vibrant, integrated communities in Europe, the Middle East, and North Africa. For more than 35 years, Orascom Development has been a pioneer in creating destinations where people are inspired to live, work, and play with passion and purpose.
From El Gouna’s stunning Egyptian coastal town by the Red Sea to Andermatt Swiss Alps’ breath-taking, year-round mountain destination, each master-planned community is a testament to Orascom Development’s commitment to place-making at its finest. The integrated towns harmoniously combine residential areas with private villas and apartments, hotels, and award-winning leisure and commercial amenities – including golf courses, marinas, sports facilities, retail shops and restaurants.
Orascom Development owns a land bank of more than 100 million square meters with approximately 40% under development or developed into thriving communities in Egypt (El Gouna, Makadi Heights, O West, Taba Heights, and Byoum), in the GCC (The Cove in the UAE and Jebel Sifah and Hawana Salalah in Oman), and in Europe (Andermatt Swiss Alps in Switzerland, Luštica Bay in Montenegro and West Carclaze Garden Village in the UK). Orascom Development’s hospitality portfolio includes 33 premium and luxury hotels with more than 7,000 rooms across Europe, the Middle East, and North Africa. ODH shares are listed on the SIX Swiss Exchange.
For more information, please visit OrascomDevelopment.com.
About ievents
Founded by Amr Mansi in 2012, ievents aims to become the leading events agency in Egypt and the MENA region. The agency specializes in conceptualizing and delivering high-end, world-class events. With a dedicated team of event managers, planners, organizers, and operations personnel, ievents designs, plans, manages, and executes unforgettable experiences that exceed expectations.
