General Authority for Investment and Freezones (GAFI) CEO Mohamed Abdel Wahab (LinkedIn) has been reappointed for another one-year term by Prime Minister Moustafa Madbouly, according to a cabinet statement yesterday.

Bank ABC has appointed Amr Tharwat (LinkedIn) as the managing director and CEO of the bank’s Egypt unit, the Bahraini lender said in a statement yesterday. Tharwat has more than 26 years of experience in corporate and investment banking and joins the bank after working at HSBC for 15 years, most recently as the deputy head of global banking. Tharwat’s appointment comes less than two weeks after the bank closed its acquisition of Blom Bank Egypt for USD 424 mn.

Ezzat Abu Zeid Sallam has been sworn in as the new head of the Administrative Prosecution Authority, succeeding Essam El Din El Menshawy, Ittihadiya said in a statement.

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