Egypt reshapes Egyptian-Indonesian Business Council

Egypt’s Industry and Trade Minister Mounir Fakhry Abdel Nour has decided to reshuffle the Egyptian side of the Egypt-Indonesia Business Council.

The new council will be presided by Sherif El-Gabaly, Chairman of Polyserve Fertilisers, for three years.

As pursuant to the minister’s decree, the new board members of the Egyptian-Indonesian Business Council (Egyptian part) currently include:

• Osama Mahdy – Chairman of the Egyptian Linear Alkyl Benzene (ELAB);
• Sherif El Maghraby – Chairman of Magrabi Agriculture – Mafa;
• Nageh Farghaly – Managing Director of El Nasr Mining Company (NMC);
• Hatem Kamal Abdel-Hafiz El- Gamal – Chairman of Kayan for international Trade Company;
• Khaled Hassanein – Chairman of RAWAG for Industry and Trade;
• Ahmed Hamdy – Chairman of Orient Group for Food Industries;
• Sayed Abdel-Bary – Chairman of El Waha Company for Dates Industry;
• Mounir Masoud – Managing Director of Misr Café Company;
• Sabry El Sanadely – Chairman of Egypt Basic Industries Corporation (EBIC);
• Mohamed Reda – Chairman of Lucky Tours Egypt;
• Hamdi Harb – Chairman of El Montaza Tannery;
• Kamal Al Raei – Chairman of MAC Carpet Company;
• Mokhtar Abdul Latif – Chairman of El-Nasr for Intermediate Chemicals;
• Mohamed Baraka – Chairman of El Baraka Group;
• Mohamed Omar – Chairman of Monopoly Travel;
• Tarek Abou Bakr – Chairman of Fridal Group;
• and Ashraf Khaled Daoud – Chairman of National Sonac for Trade Company

In addition to the reshuffle, the ministerial decree also stipulated that the Council shall submit a half-annual report to the Egyptian Minister of Industry and Trade, involving its activities, future plans, and suggestions to develop the mutual interests for both countries.