Egyptian President Abdel Fattah El Sisi, centre, poses with Egypt's new Cabinet, led by Prime Minister Mostafa Madbouly, fourth left, at Al Ittihadiya Palace in Cairo on Wednesday. AP
Egyptian President Abdel Fattah El Sisi, centre, poses with Egypt's new Cabinet, led by Prime Minister Mostafa Madbouly, fourth left, at Al Ittihadiya Palace in Cairo on Wednesday. AP
Egyptian President Abdel Fattah El Sisi, centre, poses with Egypt's new Cabinet, led by Prime Minister Mostafa Madbouly, fourth left, at Al Ittihadiya Palace in Cairo on Wednesday. AP
Egyptian President Abdel Fattah El Sisi, centre, poses with Egypt's new Cabinet, led by Prime Minister Mostafa Madbouly, fourth left, at Al Ittihadiya Palace in Cairo on Wednesday. AP

Egypt's new Cabinet members sworn in after major reshuffle


Kamal Tabikha
  • English
  • Arabic

In a ceremony held at Egypt's New Administrative Capital east of Cairo, members of the new Cabinet, headed by Prime Minister Mostafa Madbouly, took the oath of office before President Abdel Fattah El Sisi on Wednesday.

The latest changes were mandated by Mr El Sisi last month, when he instructed Mr Madbouly to form a new government and retain his position as Prime Minister.

The Cabinet aims to bring new perspective and expertise to address Egypt's challenges, the President has said.

While the formation includes 13 new ministers, with prominent changes in key departments, several prominent figures have also retained their positions in the new Cabinet including Interior Minister Mahmoud Tawfik and Transport Minister Kamel El Wazir.

Badr Abdel Aaty, Egypt's former ambassador to the EU, has been appointed Foreign Minister, replacing Sameh Shoukry, while Maj Gen Abdel Meguid Saqr succeeds Mohamed Zaki as Minister of Defence, who has been appointed a Presidential Advisor on Defense.

Ahmed Kojok, a veteran politician and lead negotiator in Egypt's financing deals with the IMF, both in 2016 – when Cairo agreed to receive $12 billion in loans from the fund – and in 2022, when negotiations on the recently approved $8 billion loan were finalised, is now Finance Minister. He replaces Mohamed Maait.

The Tourism Ministry will now be headed by Sherif Fathy Ali Attia, who previously served as Minister of Civil Aviation. He replaces Ahmed Issa, who served for only two years after being appointed in a reshuffle in August 2022, when 13 ministers were replaced.

Kamal El Wazir, formerly Transport Minister, has been elevated to the status of Deputy Prime Minister on Industry.

Mr El Wazir has been one of the most staunch supporters of the reforms of Mr El Sisi, with whom he enjoys a close relationship. Under his leadership, the country’s transport sector underwent significant development, which was funded by hefty loans from foreign creditors.

The Ministry of Petroleum and Mineral Resources will now be led by Karim Badawi, the managing director for Egypt and the East Mediterranean at US oil company Schlumberger. He replaces Tarek El Molla.

Mahmoud Esmat, formerly head of the Public Enterprises Ministry, will take charge of the Electricity and Renewable Energy Ministry at a time when daily power cuts – on account of natural gas shortages – have been met with mounting discontent. He has replaced Mohamed Shaker.

Egypt has been cutting power in an attempt to ease the load on electricity networks as energy consumption surges during summer. AFP
Egypt has been cutting power in an attempt to ease the load on electricity networks as energy consumption surges during summer. AFP

Several ministries have been merged under the new government formation. The Ministry of Planning and Economic Development has been integrated into the Ministry of International Co-operation, led by Rania Al Mashat.

Former planning minister Hala El Said has been elevated to the rank of Presidential Advisor on Economic Affairs.

The Ministry of Emigration and Egyptian Expatriates' Affairs has been dismantled and incorporated into the Foreign Ministry under Mr Abdel Aaty's leadership.

In addition to the Cabinet reshuffle, 16 new governors have been appointed, 11 of whom have military backgrounds. This is a significant change in the leadership of Egypt's 27 provinces.

Several prominent ministers, including Sameh Shoukry (Foreign Affairs), Mohamed Maait (Finance), Hala El Said (Planning), and Ali El Moselhy (Supply), have left their Cabinet posts.

Mr Moselhy in particular has come under fire over the past year amid the country’s continuing economic crisis which was accompanied by the lifting of subsidies on essential food items. He was questioned in Parliament in January amid widespread discontent over rising food prices.

A man stands under a banner that reads: "We are all one, Under the auspices of Egypt's President Abdel Fattah El Sisi", in a popular market in Cairo. Reuters
A man stands under a banner that reads: "We are all one, Under the auspices of Egypt's President Abdel Fattah El Sisi", in a popular market in Cairo. Reuters

Egypt's new Cabinet, particularly the Foreign Minister, faces a complex set of regional challenges. The Gaza war has strained some of Egypt's relationships in the Middle East and highlighted its limited influence over Israel's actions, despite their growing trade relations.

Additionally, civil wars in neighbouring Sudan and Libya pose significant security and diplomatic challenges.

Domestically, the government's decision to raise subsidised bread prices amid soaring inflation and a weakened currency has left many Egyptians struggling to afford basic necessities.

While the recent EU-Egypt investment conference secured a €1 billion ($1.08 billion) deal and potentially €40 billion in future investments, the country must still navigate a precarious balance between much-needed economic reforms and social welfare.

Company%20profile
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20Homie%20Portal%20LLC%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%20End%20of%202021%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFounder%3A%20%3C%2Fstrong%3EAbdulla%20Al%20Kamda%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ESector%3A%3C%2Fstrong%3E%20FinTech%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EInitial%20investment%3A%3C%2Fstrong%3E%20Undisclosed%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%3C%2Fstrong%3E%2014%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3ELaunch%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Self-funded%3C%2Fp%3E%0A

Sting & Shaggy

44/876

(Interscope)

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3ESmartCrowd%0D%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2018%0D%3Cbr%3E%3Cstrong%3EFounder%3A%20%3C%2Fstrong%3ESiddiq%20Farid%20and%20Musfique%20Ahmed%0D%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EDubai%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinTech%20%2F%20PropTech%0D%3Cbr%3E%3Cstrong%3EInitial%20investment%3A%20%3C%2Fstrong%3E%24650%2C000%0D%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%3C%2Fstrong%3E%2035%0D%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3ESeries%20A%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EVarious%20institutional%20investors%20and%20notable%20angel%20investors%20(500%20MENA%2C%20Shurooq%2C%20Mada%2C%20Seedstar%2C%20Tricap)%3C%2Fp%3E%0A
About Takalam

Date started: early 2020

Founders: Khawla Hammad and Inas Abu Shashieh

Based: Abu Dhabi

Sector: HealthTech and wellness

Number of staff: 4

Funding to date: Bootstrapped

Global state-owned investor ranking by size

1.

United States

2.

China

3.

UAE

4.

Japan

5

Norway

6.

Canada

7.

Singapore

8.

Australia

9.

Saudi Arabia

10.

South Korea

Specs
Engine: Electric motor generating 54.2kWh (Cooper SE and Aceman SE), 64.6kW (Countryman All4 SE)
Power: 218hp (Cooper and Aceman), 313hp (Countryman)
Torque: 330Nm (Cooper and Aceman), 494Nm (Countryman)
On sale: Now
Price: From Dh158,000 (Cooper), Dh168,000 (Aceman), Dh190,000 (Countryman)
THE%20STRANGERS'%20CASE
%3Cp%3E%3Cstrong%3EDirector%3C%2Fstrong%3E%3A%20Brandt%20Andersen%3Cbr%3E%3Cstrong%3EStarring%3A%20%3C%2Fstrong%3EOmar%20Sy%2C%20Jason%20Beghe%2C%20Angeliki%20Papoulia%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A
Recent winners

2002 Giselle Khoury (Colombia)

2004 Nathalie Nasralla (France)

2005 Catherine Abboud (Oceania)

2007 Grace Bijjani  (Mexico)

2008 Carina El-Keddissi (Brazil)

2009 Sara Mansour (Brazil)

2010 Daniella Rahme (Australia)

2011 Maria Farah (Canada)

2012 Cynthia Moukarzel (Kuwait)

2013 Layla Yarak (Australia)              

2014 Lia Saad  (UAE)

2015 Cynthia Farah (Australia)

2016 Yosmely Massaad (Venezuela)

2017 Dima Safi (Ivory Coast)

2018 Rachel Younan (Australia)

The%C2%A0specs%20
%3Cp%3E%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3E4.4-litre%2C%20twin-turbo%20V8%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3Eeight-speed%20auto%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E617hp%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E750Nm%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3Efrom%20Dh630%2C000%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3Enow%3C%2Fp%3E%0A
MATCH INFO

Uefa Champions League semi-final, first leg
Bayern Munich v Real Madrid

When: April 25, 10.45pm kick-off (UAE)
Where: Allianz Arena, Munich
Live: BeIN Sports HD
Second leg: May 1, Santiago Bernabeu, Madrid

The specs
 
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
UAE squad

Esha Oza (captain), Al Maseera Jahangir, Emily Thomas, Heena Hotchandani, Indhuja Nandakumar, Katie Thompson, Lavanya Keny, Mehak Thakur, Michelle Botha, Rinitha Rajith, Samaira Dharnidharka, Siya Gokhale, Sashikala Silva, Suraksha Kotte, Theertha Satish (wicketkeeper) Udeni Kuruppuarachchige, Vaishnave Mahesh.

UAE tour of Zimbabwe

All matches in Bulawayo
Friday, Sept 26 – First ODI
Sunday, Sept 28 – Second ODI
Tuesday, Sept 30 – Third ODI
Thursday, Oct 2 – Fourth ODI
Sunday, Oct 5 – First T20I
Monday, Oct 6 – Second T20I

88 Video's most popular rentals

Avengers 3: Infinity War: an American superhero film released in 2018 and based on the Marvel Comics story.  

Sholay: a 1975 Indian action-adventure film. It follows the adventures of two criminals hired by police to catch a vagabond. The film was panned on release but is now considered a classic.

Lucifer: is a 2019 Malayalam-language action film. It dives into the gritty world of Kerala’s politics and has become one of the highest-grossing Malayalam films of all time.

COMPANY PROFILE
Name: ARDH Collective
Based: Dubai
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Sector: Sustainability
Total funding: Self funded
Number of employees: 4
Squid Game season two

Director: Hwang Dong-hyuk 

Stars:  Lee Jung-jae, Wi Ha-joon and Lee Byung-hun

Rating: 4.5/5

Sunday's games

Liverpool v West Ham United, 4.30pm (UAE)
Southampton v Burnley, 4.30pm
Arsenal v Manchester City, 7pm

Updated: July 04, 2024, 5:52 AM`