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EFG Hermes Hires Former Batelco Exec as CFO

EFG Hermes, one of the largest investment banks in the Middle East, said on Thursday it had appointed Khalid Ellaicy, former chief financial officer  of Orascom Telecom, as its new CFO. EFG said Ellaicy would assume his duties immediately having served at Orascom Telecom as CFO for two years.

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