Monday 6 February 2012

Egypt bans EFG-HERMES Chief Executive from traveling | Reuters

Egyptian airport authorities on Sunday prevented the chief executive of Egypt's investment bank EFG-Hermes from traveling to the Emirates when it was discovered that his name was among a list of Egyptian officials banned from leaving the state, airport sources said.

"Yasser el Mallawany was indeed prevented from traveling outside Egypt according to a decision taken by the general prosecutor," General Magdy El-Seman, manager of the passports' department at Cairo International Airport told Reuters. Another airport source who asked not to be named, said Mallawany was traveling to the Emirates.

Mallawany could not be immediately reached to comment.

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