The Board of Directors of Maridive has agreed to assign the duties of the CEO of the company to Mr. Mohammad Ashraf Makram, in addition to his duties as the Executive Vice President for Financial Affairs, to run the company’s business until final approval is issued regarding this position by the Board of Directors and the company’s general assembly.

The Board of Directors agreed to accept the resignation of Mohamed Lotfy Mohamed El-Gamal as a managing director and CEO of the company.