Arabia Investments Holding has appointed Hazem Mostafa as its new CEO effective 1 May, the company said ina statement to the EGX (pdf). Mostafa, who succeeded Sherif Shaheen (LinkedIn), has more than 38 years of local and regional experience in the banking field and joins from Al Baraka Bank Egypt where he served as the senior deputy CEO.

Amr El Hag Ali (LinkedIn) has been appointed the head of the Egyptian Atomic Energy Authority for a four-year term from 1 May, according to a decision seen by Masrawy.