Mohsen Adel
Adel served as the vice-president of the stock exchange and died of the coronavirus.
Mohsen Adel was the CEO of the General Authority for Investment and Free Zones between between 2018 and 2019, and was the vice president of the Egyptian Stock Exchange (EGX) for four years.
Adel pointed out that the past period witnessed a transformation in the economic structure.
Mohsen was announced to replace former CEO of GAFI Mona Zobaa.
Healthcare, food industries, retail and education are considered the top sectors for investment in the EGX
Egypt expects to see three to five initial public offerings before the end of this year.
Mohsen Adel will replace EGX head Mohamed Omran, whose term will end Sunday.
Mohsen Adel will hold the post as a Chairman for the Egyptian Exchange (EGX) for a transitional period.
Ministry of Investment is giving due concern to developing the Egyptian Exchange, as amendments to laws governing the stock market have been issued.
The Prime Minister approved the appointment of Mohsen Adel as vice chairman of the Egyptian Exchange (EGX) for a four-year term.
