Cairo – Mubasher: The board of directors of the National Bank of Kuwait – Egypt (NBK Egypt) approved the resignation of Omar Wahby from his position as a non-executive board member.

The board recommended the appointment of Omar Bouhadiba and Soliman Barrak as two non-executive board members, according to a bourse disclosure on Monday.

During the first six months of 2020, NBK Egypt achieved net profits of EGP 753.48 million, down from EGP 1.05 billion in the prior-year period.