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AIH names Hazem Mostafa as CEO

AIH names Hazem Mostafa as CEO

ArabFinance: Arabia Investments Holding (AIH) appointed Hazem Mostafa as a board member and Chief Executive Officer (CEO) as of May 1st, according to the company statement filed to the Egyptian Exchange.

Mostafa’s last post was the senior deputy CEO of El Baraka Bank – Egypt, overseeing the Finance and Investment sectors as well as business lines.

AIH posted a consolidated net profit before minority interest of EGP 85,478,233 in 2020, compared to EGP 80,933,130 achieved a year earlier.

AIH, formerly Arabia Investments Development Financial Investments Holding Company, is an Egypt-based company that invests in fields such as power, building materials, automotive, and oil and gas.

The company focuses on diversified development, offering infrastructure, construction, and industrial solutions.

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