The Board of Directors of Capiter Holding Company – the Egyptian company specialized in the field of electronic commerce – announced that as of September 6, Mahmoud and Ahmed Noah have been removed from their executive positions as the company’s CEO and Chief Operating Officer by a decision effective immediately. This action follows the failure of the Noah brothers as founding partners of the company to fulfill their obligations and executive duties towards the company, especially during the past week. They failed to show before representatives of the Board of Directors, shareholders and investors during their repeated visits to the company’s headquarters last week to complete the due dilige
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