Juhayna Food Industries has reinstated Seif El Din Thabet (LinkedIn) as CEO and vice chairman, according to an EGX disclosure (pdf). He has also been appointed as a board member of Pharon Investment Limited, which owns a 52% stake in Juhayna. This comes after Thabet and his father Safwan were released from prison last month after spending more than two years in pre-trial detention on charges of joining and funding a terror organization. Thabet is taking over from Niels Thomsen (LinkedIn), who will now become the company’s managing director. The dairy giant’s shares rose 7.7% following the announcement on Tuesday.

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