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Madboly appoints Mohamed Abdel Karim as Acting Head of IDA

Madboly appoints Mohamed Abdel Karim as Acting Head of IDA

Arab Finance: Egyptian Prime Minister Mostafa Madboly has issued a resolution appointing Mohamed Abdel Karim as Acting Head of the Industrial Development Authority (IDA), Minister of Trade and Industry Ahmed Samir announced on September 18th.

According to Madbouly’s decision, Abdel Karim will be assigned the tasks of the head of IDA for a year or until a new board of directors of the authority is formed, Samir highlighted.

In a meeting held between IDA’s former head Mohamed El-Zalat, Abdel Karim, and Samir, the minister noted that the authority would play an active role over the coming period to solidify its position as one of the main factors to fulfil the ministry’s strategy in achieving sustainable industrial development.

It is worth noting that Mohamed Abdel Karim is the Executive Director of the Industrial Modernization Center (IMC).

 

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