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Egypt Swears In New Cabinet, Names Ashraf Salem Defense Minister

The move signals a push for economic stabilization led by technocrats.

Overview

  • President Abdel-Fattah el-Sissi oversaw a swearing-in that installed Ashraf Salem as defense minister alongside 13 other new ministers.
  • Parliament approved the reshuffle on Tuesday, and the new lineup took office on Wednesday at the Presidential Palace.
  • Economic posts were prioritized, with World Bank economist Ahmed Rostom appointed planning minister and financial regulator Mohamed Farid Saleh named investment minister.
  • The government restored the State Ministry of Information, tapping Diaa Rashwan as information minister after the portfolio was dissolved in 2021.
  • Randa al-Menshawi became housing minister and Gihane Zaki culture minister, as the shake-up advances efforts to steady an economy facing 10.1% January inflation and reduced Suez Canal revenue linked to Red Sea shipping disruptions.