The reshuffle seems to emphasise economic expertise with Ahmed Rostom, a senior economist at the World Bank, being named minister of planning, and Mohamed Farid Saleh, chairperson of the Financial Regulatory Authority, heading the Ministry of Investment. Two women ministers were also included in the new line-up: Randa al-Menshawi now heads the Housing Ministry, and Gihane Zaki was named the minister of culture. The Houthi attacks on shipping routes in the Red Sea have also slashed Suez Canal revenues – a major source of foreign currency – after the attacks forced cargo traffic away and around the tip of Africa.
Author: Al Jazeera
Published at: 2026-02-10 21:03:59
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