Cairo – Mubasher: The Egyptian Exchange (EGX) concluded the first round of elections for its board members late Thursday.

In the first round of elections, seven candidates representing securities and brokerage companies vied for seats, the EGX said in a statement, highlighting that Ahmed Abou El Soued won that round with 213 votes.

Meanwhile, Shawkat El-Maraghy and Ehab Saeed won seats representing brokerages, with first getting 146 votes and the second getting 134 votes.

The second, and final, round of elections in which candidates representing listed companies was set to begin on Thursday, 29 June, while voting was scheduled to begin on 24 July, EGX chairman Mohamed Omran said previously.

The EGX will be closed for the Eid Al Fitr holidays from Sunday through Tuesday, with trading to resume for one day on Wednesday, 28 June.

The bourse will also be closed on Thursday, 29 June, with trading to resume on Sunday, 2 July.