Mamish appointed to head SCZone; Hussein El Refaie appointed as president of Suez Canal Bank

MOVES- President Abdel Fattah El Sisi appointed head of the Suez Canal Authority Mohab Mamish as the head of the Suez Canal Economic Zone (SCZone). Mamish, as was speculated, replaces Ahmed Darwish, who said he did not resign from his position, but that he respects El Sisi’s wishes and vision, Al Masry Al Youm reports. The primary focus for the zone in the coming period will be attracting investment as it presses ahead with infrastructure projects and a comprehensive plan to develop the zone’s ports, Mamish said in an interview with Al Ahram.

MOVES- Hussein El Refaie was appointed as the new president of the Suez Canal Bank, succeeding Tarek Kandil, Al Borsa reports. Prior to his appointment, El Refaie served as the National Bank of Egypt’s chief financial officer and executive director.