Egypt approves cabinet shake-up focused on economic portfolios
CAIRO, FEB 11: Egypt’s parliament on Tuesday approved a cabinet reshuffle proposed by President Abdel Fattah al-Sisi, targeting key economic and service portfolios as the country seeks to weather a prolonged economic crisis compounded by regional instability.
The shake-up centred on ministries responsible for investment, planning, housing, industry and telecommunications and created a new post for a deputy prime minister for economic affairs, according to state-owned Al-Ahram newspaper.
Hussein Issa, the former head of parliament’s budget and planning committee, was appointed to the role.
Ahmed Rostom, a former World Bank specialist, was named minister of planning, while Mohamed Farid Saleh, previously the executive chairman of the Financial Regulatory Authority, was appointed minister of investment and foreign trade.
The reshuffle also revived the Ministry of Information, to be led by Diaa Rashwan, head of the State Information Service.
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