Egypt-based Jordanian businessman Alaa Al Khawaja, who last year acquired a 42.24 percent stake in GroupMed Holding, has become the group's Chairman.
Khawaja has replaced Mohammed Hariri who is still in his position as Chairman and General Manager of Bankmed which is fully owned by GroupMed. Mohamed Ali Beyhum has remained the bank's Executive General Manager.
Khawaja acquired the stake through his company OLT Holding from Ayman Rafic Hariri for around $535 million as GroupMed was...
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