PM attends Suez Canal Economic Zone handover
Prime Minister Mostafa Madbouly attended the ceremony for the handover of the chairmanship of the General Authority of the Suez Canal Economic Zone between Walid Gamal El-Din, whose term ended after leading the zone since 2020 and achieving investments worth $16.4 billion and creating over 145,000 jobs, and Mostafa Shehoun, who was appointed as the new head of the authority based on a decision by President Abdel Fattah El-Sisi. Madbouly emphasized the importance of the zone as a global investment hub connecting Asian, African, and European markets. He expressed optimism about increasing achievements, localizing industries, and transferring technology, all of which support the state's goals of attracting investments and creating job opportunities.
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