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19-Apr-2016

Xceed appoints Sayed Elghrabawi as Chairman

Telecom Egypt’s (TE) [ETEL.CA] Xceed has appointed Sayed Elghrabawi as Chairman of the Board of Directors. Elghrabawi previously held the position of Senior Vice President for International and Wholesale in TE. (Al Mal)   Telecom Egypt: EGP8.68 as of 18 April 2016, Rating: Buy, FV: EGP12.21 per share, MCap: USD1,669 million, ETEL EY / ETEL.CA

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