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Orascom Development Holding AG announces end of CEO's employment

Thursday, 27 Feb 2014 11:00am EST 

Orascom Development Holding AG:Announces it came to a joint decision with CEO - Gerhard Niesslein - to end his employment.Effective date is end of February.Samih O. Sawiris, founder and Chairman - will take over the responsibilities of CEO ad interim.