Latest news with #EBF
Egypt Independent
21-07-2025
- Business
- Egypt Independent
CFI secures official partnership with Egyptian Basketball Federation
CFI, the region's premier online trading provider, announces its official partnership with the Egyptian Basketball Federation (EBF). This collaboration represents a significant stride in CFI's regional sports sponsorship strategy, underscoring its commitment to supporting athletic excellence in the region. This collaboration bolsters CFI's dedication to bolstering local sports, while simultaneously fostering meaningful community engagement rooted in national pride and athletic excellence. The collaboration firmly establishes CFI as an active force in Egyptian sports, showcasing a mutual commitment to advancing basketball from grassroots initiatives all the way to national team representation. In a groundbreaking move, CFI, the Official Online Trading Partner of the Egyptian Basketball Federation (EBF), will brand the shorts of all national team personnel. From youth to elite, male and female athletes, along with their coaches and medical staff, will carry the CFI logo as they compete both domestically and globally. Further amplifying its impact, CFI's brand will command unparalleled visibility at every EBF-organized match. Through calculated on-ground and wall advertising, alongside vibrant digital screens, commanding banners, and impactful backdrops, CFI's identity will be meticulously interwoven into the very fabric of the tournament calendar. The partnership's expansive reach will digitally permeate the Federation's social media channels and live match broadcasts, prominently featuring CFI as an official sponsor for high-profile events including the Associated League Championship, Egypt Cup, Super League, and Super Cup. The collaboration actively cultivates a dynamic connection with fans, offering exclusive, community-centric initiativesdesigned to amplify CFI's commitment. This translates into unforgettable experiences with the Egyptian National Team and coveted premium access to top-tier games. This strategic alliance is a testament to CFI's rapidly growing regional sponsorship footprint, embodying its fundamental mission to partner with entities that embody and inspire excellence, ambition, and relentless progress. 'We are thrilled to partner with the Egyptian Basketball Federation (EBF) in a way that reflects our commitment to empowering individuals, nurturing ambition, and strengthening community ties,' Ziad Melhem, CEO of CFI Financial Group, stated. 'Egypt is a pivotal market for us, rich with potential and talent. Through this partnership, we aim to support the country's vibrant sports scene while also reaffirming our dedication to providing Egyptians with direct, trusted access to local trading and investing opportunities.' 'We're proud to welcome CFI as an official partner of the Egyptian Basketball Federation,' Amr Moselhy, Chairman of EBF, said. 'Their support will help us elevate the profile of Egyptian basketball, both locally and on the international stage, while opening new doors for fan engagement and brand collaboration.' As CFI strategically extends its presence across the region, this partnership vividly reflects its expansive vision. More than just a financial services provider, CFI actively champions progress, unity, and empowerment by aligning with national sports and community initiatives. This commitment is woven into its fabric, fostering local pride and ambition while enabling individuals to confidently navigate their financial futures.
Zawya
18-07-2025
- Business
- Zawya
CFI becomes official online trading partner of Egyptian Basketball Federation
CFI, the region's leading online trading provider, is proud to announce its official partnership with the Egyptian Basketball Federation (EBF), marking a significant milestone in the company's regional sports sponsorship strategy. The collaboration reinforces CFI's commitment to supporting local sports while driving meaningful community engagement through national pride and athletic excellence. The partnership cements CFI's position as an active contributor to Egypt's sporting landscape, reflecting a shared vision of developing basketball across all levels, from youth to elite national representation. As the Official Online Trading Partner of the Egyptian Basketball Federation (EBF), the standout element of this partnership is that CFI's logo will appear on the shorts of all national team players, coaches, and medical staff, across men's, women's, and youth teams, whether competing locally or representing Egypt on the international stage. Additionally, the brand will feature prominently during all EBF-organized matches, with on-ground and wall advertising strategically placed to maximize audience reach. CFI's identity will be integrated into digital screens, banners, and backdrops throughout the tournament calendar, ensuring a strong and consistent presence. The partnership extends to digital platforms as well, with CFI featured as an official sponsor on the Federation's social media channels and live match broadcasts, including high-profile tournaments such as the Associated League Championship, Egypt Cup, Super League, and Super Cup. The collaboration also includes initiatives designed to deepen fan engagement and highlight CFI's connection to the community, such as exclusive experiences with the Egyptian National Team and premium access to major games. This partnership builds on CFI's growing portfolio of regional sponsorships and reflects its broader mission to align with causes and institutions that inspire excellence, ambition, and progress. "We are thrilled to partner with the Egyptian Basketball Federation (EBF) in a way that reflects our commitment to empowering individuals, nurturing ambition, and strengthening community ties," said Ziad Melhem, CEO of CFI Financial Group. "Egypt is a pivotal market for us, rich with potential and talent. Through this partnership, we aim to support the country's vibrant sports scene while also reaffirming our dedication to providing Egyptians with direct, trusted access to local trading and investing opportunities." "We're proud to welcome CFI as an official partner of the Egyptian Basketball Federation," said Amr Moselhy, Chairman of EBF. "Their support will help us elevate the profile of Egyptian basketball, both locally and on the international stage, while opening new doors for fan engagement and brand collaboration.' As CFI continues to expand its footprint across the region, partnerships like this reflect its vision of being more than a financial services provider. By aligning with national sports and community initiatives, CFI reinforces its commitment to progress, unity, and empowering people to take charge of their financial futures, all while celebrating local pride and ambition. About CFI: CFI Financial Group, established in 1998, is MENA's leading online trading broker with over 25 years of experience. Operating from key locations like London, Abu Dhabi, Dubai, Cape Town, Baku, Beirut, Amman, and Cairo, CFI provides seamless access to both global and local markets. Offering diverse trading options across equities, currencies, commodities, and more, CFI delivers superior conditions, including zero-pip spreads, no commission fees, and ultra-fast execution. The company is a leader in AI-driven tools, offering intuitive and advanced solutions for traders of all experience levels. CFI fosters financial literacy through multilingual educational content and inspires excellence through partnerships with global icons like AC Milan, FIBA WASL, and MI Cape Town cricket team, as well as the Department of Culture and Tourism – Abu Dhabi. With Seven-Time Formula One™ World Champion Sir Lewis Hamilton as Global Brand Ambassador, CFI reflects a shared commitment to innovation and success while supporting cultural and community initiatives worldwide.
San Francisco Chronicle
23-06-2025
- Business
- San Francisco Chronicle
Ennis: Fiscal Q1 Earnings Snapshot
MIDLOTHIAN, Texas (AP) — MIDLOTHIAN, Texas (AP) — Ennis Inc. (EBF) on Monday reported earnings of $9.8 million in its fiscal first quarter. The Midlothian, Texas-based company said it had net income of 38 cents per share. The clothing and label maker posted revenue of $97.2 million in the period.
Washington Post
23-06-2025
- Business
- Washington Post
Ennis: Fiscal Q1 Earnings Snapshot
MIDLOTHIAN, Texas — MIDLOTHIAN, Texas — Ennis Inc. (EBF) on Monday reported earnings of $9.8 million in its fiscal first quarter. The Midlothian, Texas-based company said it had net income of 38 cents per share. The clothing and label maker posted revenue of $97.2 million in the period. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on EBF at
Chicago Tribune
28-05-2025
- Politics
- Chicago Tribune
Letters: Illinois must keep its promise and maintain evidence-based funding for schools
Illinois made a promise to its children in 2017 — a promise that every student, no matter their ZIP code, deserves a fully funded public education. Lawmakers kept that promise by passing the evidence-based funding (EBF) formula. Since then, students are doing better. Schools are stronger. Communities are more stable. Now, that progress is at risk. Before EBF, more than 160 school districts in Illinois were operating with less than 60% of the resources they needed. That meant outdated textbooks, overcrowded classrooms and not enough counselors, nurses or special education services. Today, just one district remains below that 60% mark. The average adequacy level in underfunded districts has climbed from 67% to 77%. That's not just a number — that's more teachers in classrooms, more help for struggling students and more opportunities for success. Take the small district that was finally able to hire a full-time social worker. Or the growing high schools that now offer dual-credit programs, saving students thousands in college tuition. In Chicago and beyond, pre-K classrooms have expanded, graduation rates have risen and students are recovering from the deep impacts of COVID-19 faster than in many other states. None of this happened by accident. It happened because the Illinois General Assembly made a long-term commitment to invest in public education: $300 million in new state dollars each year, targeted to the districts that need them most. The plan also included reimbursements for special education and transportation, plus a Property Tax Relief Grant fund to help ease the pressure on local taxpayers. This wasn't a one-year fix. It was a deliberate, bipartisan effort to repair decades of inequity — and it's working. But seven years in, some are questioning whether we can keep going. The economy is uncertain. Federal COVID-19 relief funds have disappeared, and other federal funds are in jeopardy. Districts have seen reimbursements for non-negotiable mandated categorical (MCAT) costs erode. And inflation is hitting families and school budgets alike. That's exactly why now is the wrong time to pull back on EBF or MCATs. Our schools need steady support to keep moving forward, not to start slipping back. EBF isn't just good policy. It's also one of the most effective education investments Illinois has made in a generation. Lawmakers deserve credit for enacting it — and for holding the line through tough years. Now we're calling on them to stay the course. Let's keep our promise to Illinois' nearly 2 million public school students. Let's keep building on the progress we've made. And let's send a clear message: In Illinois, we don't shortchange the future.A bill, HB 1234, that is pending in the Illinois Senate proposes putting the secretary of state's office in charge of studying the fairness of underwriting factors used in auto insurance pricing — specifically, credit scores, ZIP codes and age. While the insurance industry is not opposed to a study, the way this legislation is structured raises serious concerns. Rather than forming an independent task force to conduct an impartial review, the measure would place full control of the study in the hands of the secretary of state's office, which wants to eliminate these very factors. This arrangement is akin to putting the wolf in charge of the hen house — the conclusion seems predetermined. The secretary of state's office has no insurance expertise, and it does not possess the technical knowledge needed to accurately assess and evaluate the factors that contribute to pricing in the auto insurance market. The fact is this: No one wants to pay more for insurance than they should. And that's why insurers use a wide range of driving and nondriving factors to ensure that no single variable has a disproportionate impact on an individual's premium. When insurers can accurately price policies, consumers benefit with lower rates overall, more choices for coverage, and greater market and price stability. Misguided legislation can have direct financial consequences for residents. For example, the state of Washington serves as a cautionary tale: After banning credit-based insurance scoring in 2021, over 60% of Washington drivers saw increased premiums. Given the secretary of state's established opposition to certain underwriting factors, handing over control of this study raises significant concerns about impartiality. A more credible approach would be to entrust an independent body, such as the University of Illinois Office of Risk Management & Insurance Research, with conducting a truly objective analysis. By having the University of Illinois conduct the study, policymakers could ensure that Illinoisans receive unbiased findings and avoid unintended consequences that may increase costs for consumers.I am writing to express my concerns about the safety issues faced by thousands of public transportation operators like me. I'm a proud member of ATU 241 and have been a CTA bus driver for seven years on routes such as King Drive and Cottage Grove on the South Side. These routes are crucial lifelines for the community. Every day, I transport children to schools such as Simeon Career Academy and Phillips Academy High School and adults to work or medical appointments. My work supports people like Mary, a wheelchair user I regularly take to the University of Chicago Medical Center. She relies on me to get her there safely. Many others depend on the CTA for their daily needs. If we fail to pass a bill soon, people like Mary and the communities I serve will be adversely affected, impacting all of Illinois. However, growing safety challenges overshadow my responsibilities. Transit workers face physical attacks and threats. Bus drivers operate their routes without any other staff. Despite having a panic button in my bus, I often resort to prayer for reassurance, which is unsustainable. Our community deserves safe public transport, free from fear. Incidents of attacks on workers and riders make headlines, yet effective safety improvements are lacking. If we are to retain a quality workforce that can serve the ridership demands, it is imperative that any legislative reform must also address safety. I urge state legislators to prioritize funding for the United We Move legislation to enhance security and support for drivers. Our goal is a safe and welcoming environment for everyone relying on public transportation. Improving bus safety is not just a priority — it's also essential. By working together, we can ensure every journey is safe for our community members. Both public transit operators and passengers are desperately relying on this immediate Leslie S. Richards' op-ed 'Philadelphia's transit faces deep cuts. Chicago can still avoid this fate.' (May 21), she makes a clear case that Chicago needs to act now in order to avoid drastic and ultimately costly reductions in service. I accept that. Too many people need reliable and continuous rail and bus service, and it would be awful for a city the size of Chicago not to have suitable mass transit. But what continues to infuriate me is how and why Chicago is in this mess in the first place. Sure, the pandemic impacted ridership significantly, but everyone knew ridership would continue to be slow to come back, and we certainly knew when federal dollars would dry up. Many of the structural problems facing mass transit in Chicago existed well before the pandemic and could have been addressed years ago, before the current crisis. Chicago's transit system got stuck with an old funding model that couldn't keep up with rising costs. Leaders should've taxed more services, such as streaming, to raise steady money. They also missed chances to keep riders on board with improved safety and better service. Merging agencies and setting aside a rainy-day fund would've helped too. Instead, the city leaned on temporary federal cash, and now that that's gone, we're facing this huge gap. This is typical of our city: Don't address the problem initially and then simply wait for the crisis in order to attempt to fix it. Poor leadership all around. And the city and state taxpayers will bear the cost of any fix — and does anyone really think our government is capable of doing that effectively?
