The chairman of Egypt's Suez Canal on Thursday affirmed the waterway is "not for sale", in a bid to allay fears over a draft law under discussion in parliament.On Tuesday the legislature approved in principle a bill proposed by the government seeking to establish a sovereign wealth fund "that can carry out all economic and investment activities" for the Suez Canal Authority.The draft bill has sparked wide debate on social media. Many fear the fund would undermine the state's sovereignty over the waterway which accounts for roughly 10 percent of global maritime trade and is a vital source of foreign currency for economically-battered Egypt.Suez Canal Authority chairman Os
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