Egypt's initial stance on Suez Canal sale
The article discusses the crisis surrounding the Egyptian proposal to sell or offer a share of the Suez Canal to pay off debts, a proposal that has been officially denied by the Egyptian government. Prime Minister Mostafa Madbouly clarified that the canal is considered a sovereign asset and cannot be tampered with. He pointed out that the media reports alleging potential losses were outdated and related to international events that temporarily affected revenues. He affirmed that the Egyptian government does not endorse any plan to sell the canal, and stated that the statements that have been circulated aim to mislead and tarnish the government's reputation, while Egypt continues its efforts to protect its national interests in the face of attempts to sow doubt.
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