DIFX appoints director
Dubai, July 14, 2008
The Dubai International Financial Exchange (DIFX) has appointed Nassef Sawiris its director.
Sawiris is the chief executive of Orascom Construction Industries (OCI), the Egypt-based international construction contractor.
He is also a former board director of the Cairo and Alexandria Stock Exchange, and has many years of experience in various industrial sectors including cement, natural gas and fertilisers.
“Sawiris brings valuable skills and knowledge to the DIFX as it expands its role as the region’s international stock exchange. His regional and international expertise will provide excellent guidance to enable the DIFX to develop further as a world class platform,” said DIFX chairman and Dubai Group executive chairman Soud Ba’alawy. – Trade Arabia News Service
More Finance & Capital Market Stories
- Saudi inflation plunges to four-year low
- UAE investment appetite 'strengthens' says expert
- Dubai mulls rule change to woo domiciled funds
- UAE, Abu Dhabi roll over $20bn of Dubai's debt
- Saudi can achieve 4.4pc growth this year
- Emaar listing of retail unit 'within months'
- Dubai Investments nets $29m profits
- Compliance officers facing diverse pressures, says study
- Abu Dhabi finance dept inks deal with Ajman
- Kuwait registers 8pc credit growth
- Bahrain Sico funds net solid returns
- Emaar proposes 15pc cash dividends
- ABG units win top Islamic finance award
- Finance House approves 25pc cash dividends
- Qatar 'most expensive country in Gulf'
- Egypt regulator sets rules for index
- Dubai Islamic eyes Kenya, Indonesia for expansion
- ADCB to buy back 3pc of its shares
- GCC insurance growth outpaces developed markets
- Bahrain 'faces budget deficit, inflation challenges'
- Global Payment Services wins key certification
- BBK unveils big India expansion plans
- Kuwait GDP growth to hit 3.5pc in 2014
- Gulf shares tumble over EM exposure cut
- GCC bonds to gain from macro-economic climate
- French Business Council Dubai members up 18pc
- Egypt economy growth seen less strong than thought
- Sharjah approves $4.2bn budget for 2014
- Saudi non-oil sector posts solid growth in Feb
- Seera total income rises to $34m