General Prosecutor Informs EGX of Former Trade Minister’s Asset Release

General Prosecutor Abdel Maguid Mahmoud has announced that he will inform the Egyptian Exchange (EGX) of releasing the former trade and industry minister Rachid Mohamed Rachid’s assets.

Misr for Central Clearing, Depositary and Registry (MCDR) received Monday the General Prosecutor’s statement announcing releasing the assets owned by the Rachid and his wife Hania Mahmoud Fahmy alongside Mohamed Mahmoud Farag Abdul Wahab, his wife Aasha Abdul Hameed Samy, and Feras Zuheir Abdul Lattif.

The MCDR said it had received releasing assets decree Aug 1^st from the head of the cassation court.