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Thursday, 20 April 2017

Abraj Misr appoints Hany Mahmoud as development advisor; Vezeeta appoints Fawzy Abu Seif as General Manager for Egypt

MOVES- Real estate developer Abraj Misr has appointed former CIT Minister Hany Mahmoud to its board of directors, Al Mal reports. Others in the new board lineup include real estate development consultant Fathallah Fawzy, Multiples Investment Group founder and chairman Omar El Shenety, and former assistant chairman of Arab Contractors Medhat Askar. Mahmoud was recently appointed non-executive chairman of Vodafone Egypt. Abraj Misr, of no relation to the emerging markets private equity giant Abraaj Group, was said last year to be contemplating an IPO on the Egyptian Exchange but has since been silent on its plans.

MOVES- Vezeeta, the MENA-focused platform for automated physician, clinic and hospital booking, announced yesterday (pdf) that appointment of Fawzy Abu Seif as its first general manager for Egypt. Abu Seif, a veteran of Vodafone Egypt, was at the time of his appointment Vezeeta’s Chief Marketing Officer. The company says it has more than 3,500 physicians online and claims to be adding at least 250 new doctors per month, with a year-end target of booking 100k appointments per month.

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