Egyptian reacts to Suez Canal sale plan
Egyptian Prime Minister Mostafa Madbouly confirmed that the proposal to sell the Suez Canal or to offer a stake in it to settle the state's debts does not reflect the government's policies. He emphasized that the canal is a sovereign asset that cannot be tampered with or traded off. He explained that the idea was raised by an unofficial individual and not the government, and that old statements about losses the canal faced under certain conditions do not indicate the government's readiness to sell it. He stressed that such rumors aim to mislead public opinion. Madbouly also stated that the government has issued a clear statement rejecting these allegations and that the Suez Canal will remain one of the country's sovereign assets.
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