The SFE has a new general assembly: The Sovereign Fund of Egypt has a new general assembly featuring a lot of familiar faces and some new ones. New members of the assembly include: Business professorKhaled AbdelAziz Hegazy (LinkedIn), former Trade Minister Tarek Kabil (LinkedIn), and former International Cooperation Minister Ziad Bahha Eldin (bio). Planning Minister Hala El Said, Finance Minister Mohamed Maait, the National Bank of Egypt Chairman Hisham Okasha are among the reelected assembly members. All members are serving four-year terms.

Egypt’s commodities exchange is under new leadership: The board of the Egyptian Mercantile Exchange (EMX) has appointed EGX-veteran Hossam El Garrahi as its new managing director and CEO, according to a statement yesterday. Before his appointment, El Garrahi served as the managing director of the Egyptian Stock Exchange Holding Company for Financial Market Development, and held various senior positions at the EGX between 2010 and 2022.

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