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Monday, 29 June 2020

PHD appoints Tarek Tantawi as a board member, Mohamed El Saadawi new MIH chairman

MOVES- Palm Hills Developments has appointed CI Capital Holding’s group co-CEO and managing director Tarek Tantawy (LinkedIn) as a board member, after accepting the resignation of COO Mohamed Fahmy Soliman (LinkedIn), according to a disclosure to the EGX (pdf).

Egyptian Ferro Alloys Company boss Mohamed El Saadawi has been selected to succeed Medhat Nafea as chairman of state-owned Metallurgical Industries Holding Company, Public Enterprises Minister Hisham Tawfik said, according to Hapi Journal.

Sri Suma Chakrabarti is preparing to mark his final day as president of the European Bank for Reconstruction and Development, International Cooperation Minister Rania Mashat noted on Twitter yesterday, saying Sir Suma — a longtime friend of Egypt — will be “truly missed.” Chakrabarti, who has led the EBRD since 2012 and championed its expansion outside European borders for the first time, will step down in July.

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