Egyptian property and hospitality development firm Orascom Development Holding (ODH) appointed Omar El Hamamsy as its new chief executive and restructured its management team.
Mr El Hamamsy takes the helm of the company after its previous chief executive Khaled Bichara died in a car accident in Cairo in February.
Mr El Hamamsy joins ODH from McKinsey where he was a senior partner in the global management consultancy’s Middle East office. In his 18 years at the consultancy, he led a number of practices including travel and transport. He also worked on transformations of multi-national companies in the Middle East and Europe and was part of a number of cross-border acquisitions and integrations of firms, according to an ODH statement on its website.
A graduate of Stanford University, Mr El Hamamsy previously worked for six years at AT&T's Bell Labs in the US.
Samih Sawiris, chairman of ODH, said Mr El Hamamsy’s experience will help the company continue its “turnaround story and take ODH to the next level of growth and development”.
The appointment of the new chief executive marks the end of the interim committee created in February 2020 to oversee the business during the transition phase.
Members of the committee including Samih Sawiris, Jürgen Fischer and Naguib Sawiris will focus again on their roles as members of ODH board.
Chief development officer of hotels, Abdelhamid Abouyoussef will take up the new position as the chairman of Orascom Hotels Management, the group's hotels management company. Ashraf Nessim will continue in his role as chief financial officer and a member of executive management team, the company said.
The ODH board also approved the appointment of Karim Hassan, group head of business development, as a member of the company’s executive management team. The role of the chief human resources and organisation development will no longer be part of the executive management team, according to the statement.
Orascom Development, whose shares are listed on the SIX Swiss Exchange, is a developer and operator of resorts, hotels and residential communities. It operates 33 hotels in seven countries, including The Cove resort in Ras Al Khaimah and the Jebel Sifah resort in Oman.
Honeymoonish
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England squad
Moeen Ali, James Anderson, Jofra Archer, Jonny Bairstow, Dominic Bess, James Bracey, Stuart Broad, Rory Burns, Jos Buttler, Zak Crawley, Sam Curran, Joe Denly, Ben Foakes, Lewis Gregory, Keaton Jennings, Dan Lawrence, Jack Leach, Saqib Mahmood, Craig Overton, Jamie Overton, Matthew Parkinson, Ollie Pope, Ollie Robinson, Joe Root, Dom Sibley, Ben Stokes, Olly Stone, Amar Virdi, Chris Woakes, Mark Wood
The years Ramadan fell in May
Charlotte Gainsbourg
Rest
(Because Music)
Captain Marvel
Director: Anna Boden, Ryan Fleck
Starring: Brie Larson, Samuel L Jackson, Jude Law, Ben Mendelsohn
4/5 stars
Results
Male 51kg Round 1
Dias Karmanov (KAZ) beat Mabrook Rasea (YEM) by points 2-1.
Male 54kg Round 1
Yelaman Sayassatov (KAZ) beat Chen Huang (TPE) TKO Round 1; Huynh Hoang Phi (VIE) beat Fahad Anakkayi (IND) RSC Round 2; Qais Al Jamal (JOR) beat Man Long Ng (MAC) by points 3-0; Ayad Albadr (IRQ) beat Yashar Yazdani (IRI) by points 2-1.
Male 57kg Round 1
Natthawat Suzikong (THA) beat Abdallah Ondash (LBN) by points 3-0; Almaz Sarsembekov (KAZ) beat Ahmed Al Jubainawi (IRQ) by points 2-1; Hamed Almatari (YEM) beat Nasser Al Rugheeb (KUW) by points 3-0; Zakaria El Jamari (UAE) beat Yu Xi Chen (TPE) by points 3-0.
Men 86kg Round 1
Ahmad Bahman (UAE) beat Mohammad Al Khatib (PAL) by points 2-1
Men 63.5kg Round 1
Noureddin Samir (UAE) beat Polash Chakma (BAN) RSC Round 1.
Female 45kg quarter finals
Narges Mohammadpour (IRI) beat Yuen Wai Chan (HKG) by points.
Female 48kg quarter finals
Szi Ki Wong (HKG) beat Dimple Vaishnav (IND) RSC round 2; Thanawan Thongduang (THA) beat Nastaran Soori (IRI) by points; Shabnam Hussain Zada (AFG) beat Tzu Ching Lin (TPE) by points.
Female 57kg quarter finals
Nguyen Thi Nguyet (VIE) beat Anisha Shetty (IND) by points 2-1; Areeya Sahot (THA) beat Dana Al Mayyal (KUW) RSC Round 1; Sara Idriss (LBN) beat Ching Yee Tsang (HKG) by points 3-0.
RIDE%20ON
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The Matrix Resurrections
Director: Lana Wachowski
Stars: Keanu Reeves, Carrie-Anne Moss, Jessica Henwick
Rating:****
UAE currency: the story behind the money in your pockets
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
A%20QUIET%20PLACE
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BORDERLANDS
Starring: Cate Blanchett, Kevin Hart, Jamie Lee Curtis
Director: Eli Roth
Rating: 0/5
Panipat
Director Ashutosh Gowariker
Produced Ashutosh Gowariker, Rohit Shelatkar, Reliance Entertainment
Cast Arjun Kapoor, Sanjay Dutt, Kriti Sanon, Mohnish Behl, Padmini Kolhapure, Zeenat Aman
Rating 3 /5 stars
