Capital

关注

Parliament passed the Andhra Pradesh Reorganisation (Amendment) Bill, 2026, on April 2, recognising Amaravati as Andhra Pradesh's sole and permanent capital. The bill enjoyed broad political consensus, including support from the Congress party, with only the YSR Congress Party opposing it. It amends the 2014 Reorganisation Act to end capital ambiguity.

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The Ordinary General Assembly of Commercial International Bank (CIB) has approved the continuation of Hisham Ezz El-Arab as CEO for a new three-year term from March 2026 to March 2029. It also approved a new Board of Directors chaired by Nevine Sabbour and a capital increase.

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