Back to the complete issue
Tuesday, 16 March 2021

Turnage elected chair of AUC board of trustees, Abdel Moati gets another term at FRA

The American University in Cairo has elected Mark Turnage (LinkedIn) as chair of its board of trustees, succeeding Richard Bartlett, three-time chair of the board and first chair emeritus at AUC, according to a press release (pdf). Turnage is the CEO of dark net threat intelligence platform DarkOwl as well as the tech and telecom adviser to Blackstone Entrepreneurs Network Colorado and was senior adviser to the Colorado Impact Fund. He has served as an AUC trustee since 2016 and vice chair of the board of trustees at the California Institute of Technology over the last year. Turnage studied at AUC for three years during his undergraduate years to learn Arabic and has stayed in the region since.

Reda Abdel Moati has been reappointed vice chairman of the Financial Regulatory Authority for another one-year term, effective from the end of March, the authority said in a statement. Moati was first appointed in 2016.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of HSBC Egypt (tax ID: 204-901-715), the leading corporate and retail lender in Egypt; EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Mashreq (tax ID: 204-898-862), the MENA region’s leading homegrown personal and digital bank; Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt; Hassan Allam Properties (tax ID:  553-096-567), one of Egypt’s most prominent and leading builders; and Saleh, Barsoum & Abdel Aziz (tax ID: 220-002-827), the leading audit, tax and accounting firm in Egypt.