{"id":567112,"date":"2020-01-13T04:20:05","date_gmt":"2020-01-13T04:20:05","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/13\/prime-holding-approves-board-reshuffle\/"},"modified":"2020-01-13T04:20:05","modified_gmt":"2020-01-13T04:20:05","slug":"prime-holding-approves-board-reshuffle","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/13\/prime-holding-approves-board-reshuffle\/","title":{"rendered":"Prime Holding approves board reshuffle"},"content":{"rendered":"

MOVES- Prime Holding approves board reshuffle:<\/strong> The general assembly of Prime Holding has approved changes to the formation of the board, and reduced the number of Sameem Capital representatives to one, the local press reported.<\/a> Prime Holdings had appointed Mohamed Maher as CEO after removing Khaled Rashed back in December.<\/a> Sameem Capital has since lodged a legal complaint<\/a> with the Financial Regulatory Authority against Prime Holding over Rashed\u2019s removal.<\/p>\n","protected":false},"excerpt":{"rendered":"

MOVES- Prime Holding approves board reshuffle: The general assembly of Prime Holding has approved changes to the formation of the board, and reduced the number of Sameem Capital representatives to one, the local press reported. Prime Holdings had appointed Mohamed Maher as CEO after removing Khaled Rashed back in December. Sameem Capital has since lodged […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[3635,72,4382,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-567112","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-cabinet-shuffle","tag-enterpriseam","tag-sameem-capital","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"8a5b117b-8bfe-42e6-9a4b-94166107e334","is_powered_by":true,"section_story_id":"8fa9ee98-ba74-449a-b6a6-2a8c5fa8a8b8","story_type":"1","photo_url":"","photo_position":"above","related_issue":[567090],"teaser":"","voice_url":""},"yoast_head":"\nPrime Holding approves board reshuffle - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/13\/prime-holding-approves-board-reshuffle\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Prime Holding approves board reshuffle\" \/>\n<meta property=\"og:description\" content=\"MOVES- Prime Holding approves board reshuffle: The general assembly of Prime Holding has approved changes to the formation of the board, and reduced the number of Sameem Capital representatives to one, the local press reported. Prime Holdings had appointed Mohamed Maher as CEO after removing Khaled Rashed back in December. Sameem Capital has since lodged […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/13\/prime-holding-approves-board-reshuffle\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-01-13T04:20:05+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/13\/prime-holding-approves-board-reshuffle\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/13\/prime-holding-approves-board-reshuffle\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Prime Holding approves board reshuffle\",\"datePublished\":\"2020-01-13T04:20:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/13\/prime-holding-approves-board-reshuffle\/\"},\"wordCount\":75,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"cabinet shuffle\",\"EnterpriseAM\",\"Sameem Capital\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/13\/prime-holding-approves-board-reshuffle\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/13\/prime-holding-approves-board-reshuffle\/\",\"name\":\"Prime Holding approves board reshuffle - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2020-01-13T04:20:05+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/13\/prime-holding-approves-board-reshuffle\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/13\/prime-holding-approves-board-reshuffle\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/13\/prime-holding-approves-board-reshuffle\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Prime Holding approves board reshuffle\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Prime Holding approves board reshuffle - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/13\/prime-holding-approves-board-reshuffle\/","og_locale":"en_US","og_type":"article","og_title":"Prime Holding approves board reshuffle","og_description":"MOVES- Prime Holding approves board reshuffle: The general assembly of Prime Holding has approved changes to the formation of the board, and reduced the number of Sameem Capital representatives to one, the local press reported. 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This came after a recent board reshuffle gave Sameem only one seat on Prime\u2019s board, leading the investor to\u2026","rel":"","context":"In "Other Business News of Note"","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":591838,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/18\/prime-holdings-removal-of-khaled-rashed-as-ceo-ratified-by-fra\/","url_meta":{"origin":567112,"position":1},"title":"Prime Holdings\u2019 removal of Khaled Rashed as CEO ratified by FRA","author":"enterpriseam admin","date":"18 December 2019","format":false,"excerpt":"MOVES- FRA approves Prime Holdings\u2019 removal of Khaled Rashed as CEO: The Financial Regulatory Authority (FRA) has ratified Prime Holdings\u2019 board of directors\u2019 decision to appoint vice chairman Mohamed Maher as CEO after removing Khaled Rashed, according to the local press. Rashed, who is the CEO of Sameem Capital, which\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":574483,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/10\/fra-rejects-sameem-capital-request-to-disband-prime-holdings-board\/","url_meta":{"origin":567112,"position":2},"title":"FRA rejects Sameem Capital request to disband Prime Holding\u2019s board","author":"enterpriseam admin","date":"10 September 2020","format":false,"excerpt":"The Financial Regulatory Authority (FRA) has rejected requests by shareholders to disband Prime Holding\u2019s board of directors, according to a regulatory disclosure (pdf). Activist investor Sameem Capital, which owns 27% of Prime, had lodged a complaint with the FRA and threatenedlegal action alleging that a reshuffle which gave Sameem Capital\u2026","rel":"","context":"In "Other Business News of Note"","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":567167,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/14\/sameem-threatens-legal-action-against-prime-holding-over-board-shuffle\/","url_meta":{"origin":567112,"position":3},"title":"Sameem threatens legal action against Prime Holding over board shuffle","author":"enterpriseam admin","date":"14 January 2020","format":false,"excerpt":"Sameem Capital is threatening legal action against Prime Capital for the changes to Prime\u2019s board approved by the general assembly on Sunday, which reduced the number of Sameem Capital representatives to one,the local press reported. Sameem had previouslylodged a complaint with the Financial Regulatory Authority over Prime\u2019s removal of its\u2026","rel":"","context":"In "Other Business News of Note"","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":591810,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/17\/sameem-capital-files-legal-complaint-with-egypts-fra-against-prime-holding\/","url_meta":{"origin":567112,"position":4},"title":"Sameem Capital files legal complaint with Egypt\u2019s FRA against Prime Holding","author":"enterpriseam admin","date":"17 December 2019","format":false,"excerpt":"Sameem Capital has lodged a legal complaint with the Financial Regulatory Authority (FRA) against Prime Holding over Prime\u2019s most recent board meeting, according to the local press. Sameem is alleging the meeting violated the company\u2019s bylaws, although it remains unclear in what way. The company is asking the FRA to\u2026","rel":"","context":"In "Other Business News of Note"","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":599377,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/26\/khaled-rashed-named-ceo-and-vice-chairman-at-sameem-capital\/","url_meta":{"origin":567112,"position":5},"title":"Khaled Rashed named CEO and vice chairman at Sameem Capital","author":"enterpriseam admin","date":"26 June 2019","format":false,"excerpt":"MOVES- Prime Holding has appointed Khaled Rashed (LinkedIn) as CEO and vice-chairman of Sameem Capital Activist Investor and Mohamed Maher (LinkedIn) as the executive vice chairman, the local press reported.","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/567112","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=567112"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/567112\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/567090"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=567112"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=567112"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=567112"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=567112"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=567112"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}