Acasia Group welcomes new CEO: Local investor outfit Acasia Group has appointed Ranya Saadawi (LinkedIn) as its new CEO, it said in a statement (pdf) yesterday. Saadawi joins Acasia following a two-year stint as executive director of the Pearl Initiative, a Gulf-based nonprofit that works in corporate governance. She has worn various hats over her 15-year long career, including head of global grant management for Dubai’s Expo 2020 and manager of a USD 3 mn grant portfolio for the Education for Employment Initiative. Saadawi succeeds Aly El Shalakany (LinkedIn) who is now the managing partner of Acasia Ventures.

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