The Dubai International Financial Exchange (DIFX) has appointed Nassef Sawiris its director.

Sawiris is the chief executive of Orascom Construction Industries (OCI), the Egypt-based international construction contractor.

He is also a former board director of the Cairo and Alexandria Stock Exchange, and has many years of experience in various industrial sectors including cement, natural gas and fertilisers.

“Sawiris brings valuable skills and knowledge to the DIFX as it expands its role as the region’s international stock exchange. His regional and international expertise will provide excellent guidance to enable the DIFX to develop further as a world class platform,” said DIFX chairman and Dubai Group executive chairman Soud Ba’alawy. – Trade Arabia News Service