United Electronics Company (eXtra) announced on February 17, 2026 the resignation of Managing Director and CEO Mohammed Galal Ali Fahmy for personal reasons, effective February 28, 2026. The Board of Directors resolved on February 16, 2026 to accept the resignation while Fahmy will continue as a Non-Executive Board Member and Chairman of the Strategy and Future Projects Committee. The company simultaneously appointed Ali Ahmed Mansour as the new Chief Executive Officer, effective March 1, 2026. Mansour currently serves as CEO for the Retail Sector at eXtra since 2019 and has over twenty years of experience in the retail and consumer electronics sector.

Original announcement:

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