{"id":570575,"date":"2020-04-06T04:46:14","date_gmt":"2020-04-06T04:46:14","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/06\/state-backed-africa-focused-brokerage-and-investment-promotion-company-to-tap-ceo-soon\/"},"modified":"2020-04-06T04:46:14","modified_gmt":"2020-04-06T04:46:14","slug":"state-backed-africa-focused-brokerage-and-investment-promotion-company-to-tap-ceo-soon","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/06\/state-backed-africa-focused-brokerage-and-investment-promotion-company-to-tap-ceo-soon\/","title":{"rendered":"State-backed, Africa-focused brokerage and investment promotion company to tap CEO \u201csoon\u201d"},"content":{"rendered":"

A new government-backed brokerage and investment promotion company has shortlisted three candidates for its CEO and will make a decision next month, said Mohamed Saad Eldin, a member of the company\u2019s board of directors, according to the local press<\/a>. The Africa-focused company is also working on finalizing other procedures, including choosing a name, Saad Eldin said. The company will be majority-owned by private investors<\/a>, who will hold a 56% stake, while public sector companies will be allocated 24%. State-owned National Bank of Egypt, Banque Misr, and Banque du Caire will split the remaining 20% between them.<\/p>\n","protected":false},"excerpt":{"rendered":"

A new government-backed brokerage and investment promotion company has shortlisted three candidates for its CEO and will make a decision next month, said Mohamed Saad Eldin, a member of the company\u2019s board of directors, according to the local press. The Africa-focused company is also working on finalizing other procedures, including choosing a name, Saad Eldin […]<\/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":[9315],"tags":[7098,726,576,72,125,2390],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-570575","post","type-post","status-publish","format-standard","hentry","category-other-business-news-of-note","tag-africa","tag-banque-du-caire","tag-banque-misr","tag-enterpriseam","tag-investment-watch","tag-other-business-news-of-note","wpautop","entry"],"acf":{"mongo_id":"69e7015c-e26f-4dd3-8cdb-ada320e33f4c","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[570552],"teaser":"","voice_url":""},"yoast_head":"\nState-backed, Africa-focused brokerage and investment promotion company to tap CEO \u201csoon\u201d - 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\/04\/06\/state-backed-africa-focused-brokerage-and-investment-promotion-company-to-tap-ceo-soon\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"State-backed, Africa-focused brokerage and investment promotion company to tap CEO \u201csoon\u201d\" \/>\n<meta property=\"og:description\" content=\"A new government-backed brokerage and investment promotion company has shortlisted three candidates for its CEO and will make a decision next month, said Mohamed Saad Eldin, a member of the company\u2019s board of directors, according to the local press. The Africa-focused company is also working on finalizing other procedures, including choosing a name, Saad Eldin […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/04\/06\/state-backed-africa-focused-brokerage-and-investment-promotion-company-to-tap-ceo-soon\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-04-06T04:46:14+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\/04\/06\/state-backed-africa-focused-brokerage-and-investment-promotion-company-to-tap-ceo-soon\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/04\/06\/state-backed-africa-focused-brokerage-and-investment-promotion-company-to-tap-ceo-soon\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"State-backed, Africa-focused brokerage and investment promotion company to tap CEO \u201csoon\u201d\",\"datePublished\":\"2020-04-06T04:46:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/04\/06\/state-backed-africa-focused-brokerage-and-investment-promotion-company-to-tap-ceo-soon\/\"},\"wordCount\":105,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Africa\",\"Banque du Caire\",\"Banque Misr\",\"EnterpriseAM\",\"investment watch\",\"Other Business News of Note\"],\"articleSection\":[\"Other Business News of Note\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/04\/06\/state-backed-africa-focused-brokerage-and-investment-promotion-company-to-tap-ceo-soon\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/04\/06\/state-backed-africa-focused-brokerage-and-investment-promotion-company-to-tap-ceo-soon\/\",\"name\":\"State-backed, Africa-focused brokerage and investment promotion company to tap CEO \u201csoon\u201d - 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