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المصري اليوم
The Fitna of Ibn Hisham
The article discusses the proposed major swap suggested by businessman Hassan Heikal, which involves settling Egypt's foreign debts by mortgaging the Suez Canal assets or converting them into domestic debt, aiming to reduce the burden of the national debt on the general budget. The government rejected the idea of a swap, considering it a conspiracy that threatens national security, especially since the Suez Canal is viewed as a national symbol that cannot be mortgaged. Reports from the Central Bank confirmed that the Egyptian economy is strong, noting that in the first half of 2026, Egypt paid approximately $16 billion in interest and installments on external debt, while still committing to pay its debts on time despite internal and external economic challenges. The article warns against the use of malicious statements to sow discord about the country's financial situation and affirms the resilience of the national economy in the face of such claims.
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