Cairo – Mubasher: Egypt’s Prime Minister, Mostafa Madbouly, issued a decree to appoint Ahmed El-Sheikh as the new Chairman of the Egyptian Exchange (EGX) for one year.
El-Sheikh has officially assumed the position as of 26 August 2023, according to a Cabinet statement.
The new Chairman of EGX succeeded Rami El-Dokany, who headed the stock market’s board for one year since August 2022.
Earlier, Mohamed Farid served as the Executive Chairman of EGX for five years from August 2017.