Ashraf Nessim

Director of Finance/CFO at ORASCOM DEVELOPMENT EGYPT S.A.E.

61 year

Consumer Durables

Consumer Services

Communications

Profile

Ashraf Suriel Nessim is the founder of Raya Distribution.
Mr. Nessim is currently Chief Executive Officer at Muriya since 2025.
Mr. Nessim is Managing Director-Finance & Operations at Orascom Development Egypt SAE since 2012.
Mr. Nessim is Group CFO & Chief Operations Officer at Orascom Development Holding AG since 2016.
Formerly, Mr. Nessim was Director at Jordan Projects for Tourism Development.
Mr. Nessim was Group Chief Financial Officer at Mobiserve Holding from 2007 to 2010.
Mr. Nessim was Chief Financial Officer at Beltone Private Equity SAE.

Ashraf Nessim active positions

Companies	Position	Start
ORASCOM DEVELOPMENT EGYPT S.A.E.	Director of Finance/CFO	2011-12-31
ORASCOM DEVELOPMENT HOLDING AG	Director of Finance/CFO	2016-05-09
Muriya	Chief Executive Officer	2025-11-30

All active positions of Ashraf Nessim

Former positions of Ashraf Nessim

Companies	Position	End
Mobiserve Holding Mobiserve Holding Specialty TelecommunicationsCommunications Provides telecom and business services	Director of Finance/CFO	2009-12-31
Raya Distribution Raya Distribution Electronics/Appliance StoresRetail Trade Sells electronics, health, beauty products and kitchen appliances through online	Founder	-
Beltone Private Equity SAE Beltone Private Equity SAE Investment ManagersFinance BPE Partners invests in companies located in Egypt. The firm focuses on a broad range of sectors and industries. It participates in buyout and growth capital transactions.	Director of Finance/CFO	-
JORDAN PROJECTS FOR TOURISM DEVELOPMENT	Director/Board Member	-

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Experiences
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Private companies

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Linked companies

Private companies	7
Orascom Development Egypt SAE Orascom Development Egypt SAE HomebuildingConsumer Durables Constructs residential properties and operates hotels & engages in town management and sale of land services	Consumer Durables
Jordan Projects for Tourism Development Jordan Projects for Tourism Development Hotels/Resorts/Cruise linesConsumer Services Operates hotels and provides real estate, construction and asset management services	Consumer Services
Mobiserve Holding Mobiserve Holding Specialty TelecommunicationsCommunications Provides telecom and business services	Communications
Orascom Development Holding AG Orascom Development Holding AG HomebuildingConsumer Durables Provides residential facilities construction, hotels management, destination management, land sales and marina, hospital, education & golf sport services	Consumer Durables
Beltone Private Equity SAE Beltone Private Equity SAE Investment ManagersFinance BPE Partners invests in companies located in Egypt. The firm focuses on a broad range of sectors and industries. It participates in buyout and growth capital transactions.	Finance
Raya Distribution Raya Distribution Electronics/Appliance StoresRetail Trade Sells electronics, health, beauty products and kitchen appliances through online	Retail Trade
Muriya