Egyptian PM resolves Suez Canal sale debate

Egyptian Prime Minister Mustafa Madbouly confirmed that proposing to sell or offer a stake in the Suez Canal does not reflect the policy of the Egyptian government. He emphasized that the canal is a sovereign asset that cannot be tampered with. This statement was made in response to a previous proposal suggesting a barter to finance debts, with Madbouly asserting that previous claims about the canal's losses—used as a pretext for its sale—are false. He firmly stated that the government completely rejects any intention to sell or exchange the canal in exchange for debts. Additionally, he stressed that any attempts to mislead public opinion regarding this issue are doomed to fail, reaffirming the government's unwavering commitment to sovereignty over the Suez Canal.

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