VOL. XL No. 12 24-March-1997


New Chairman Appointed For Egyptian Bourse

The Egyptian Prime Minister, Mr. Kamal Ganzouri, has appointed Mr. Abdal-Ghani Gameh as the new head of the Cairo and Alexandria Stock Exchanges.The nomination is part of government changes which aim to tighten statecontrol over the bourse. Mr. Gamie, an ex-banker, was deputy chairman ofthe National Bank of Egypt (NBE) and chairman of the Bank of Alexandriaand Egyptian American Bank (EAB). Mr. Gameh replaces Mr. Nazmi...