VOL. XXXIX

No. 20

12-February-1996

EGYPT

'Ayyad Appointed Chairman Of EGPC

Egyptian Oil Minister Hamdi al-Banbi has issued a decision appointing Eng. 'Abd al-Khaliq Muhammad 'Ayyad as Chairman of the Egyptian General Petroleum Corporation (EGPC). The appointment will take effect on 11 May. Eng. 'Ayyad is currently Chairman and Managing Director of the Egyptian Drilling Company (owned jointly by EGPC and Maersk) and adviser to the Egyptian Oil Minister on investments. He will replace the...