National River Port Management Company appoints new head

Egypt's National River Port Management Company (NRPMC) has appointed Michael Power as its new chief executive officer. Cairo-based private equity firm Citadel Capital owns NRPMC. He previously held the position of head of business development for Hutchinson Port Holdings (HPH) Europe, a port investor, developer and operator. Prior to his role at HPH Europe, he was executive director of HPH Mexico for seven years. NRPMC is developing three ports on the Nile's waterways. These include Cairo South in Tebbin, Cairo North in Imbaba and a third river port in Alexandria. It is currently completing civil works on the Tebbin port.