Egypt’s First Real Estate Development Chamber Elects Board

Egypt’s First Real Estate Development Chamber Elects Board

The Real Estate Development Chamber announced the results of its first board members elections, according to Amwal Al Ghad.

The board members will serve for the period from 2016-2019, reported Al Borsa News.

Mohamed Tarek El-Gammal was announced the Chairman of the Board with 74 votes, and the following were elected as board members: Hany Alasal, Amgad Mohamed Hasanein, Tarek Shokry, Fathallah Fawzy, Hesham Aly Shokry, Baseil Sheira, Taha Elsayed, and Mohamed Salah Eldin Amer.

There were 76 attendees in total who cast their ballots for the board elections, announced Hesham Madkour, Chairman of the Committee.

The Real Estate Development Chamber was established by the former Minister of Industry and Trade, Mounir Fakhry Abdel Nour, in 2015 to reinvigorate the real estate sector and to develop new industrial cities. The newly formed chamber is part of the Federation of Egyptian Industries (FEI).

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