Following fierce competition, Mr. Mohsen Adel, Managing Director at Pioneers Funds; Mr. Alaa Sabaa, Beltone Financial CEO; and Mr. Suleiman Nazmi, Vice Chairman of Al Ahram Securities Brokerage, have won board seats in the Egyptian Exchange’s Board Of Directors. EGX Board of Directors elections have been carried out on Monday afternoon.

Mr. Adel has obtained 204 votes; Mr. Saba has got 122 votes; while Mr. Nazmi won 113 votes.