MOVES- Mohsen Adel was reportedly appointed vice chairman of the EGX, sources tell Reuters in reports that were also picked up by CNBC Arabia. If confirmed, Adel would assume the role for four years, after having served as EGX board member.

… Yet to be filled is the top job. The cabinet has not yet picked an EGX head and current Chairman Mohamed Omran’s term, along with Egyptian Financial Supervisory Authority (EFSA) boss Sherif Samy’s, expires on 6 August.

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