Cabinet denies sale of Egyptian ports to foreign parties ...Egypt

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Cabinet denies sale of Egyptian ports to foreign parties
The Cabinet Media Center on Monday reported rumors spread online regarding the sale of Egyptian ports to foreign parties. The media center contacted the Ministry of Transport which completely denied the news, the center said in a statement. Egyptian ports will remain fully owned by the state and subject to Egyptian sovereignty, the statement added. The establishment and development of the projects of the Ministry of Transport, including maritime transport projects at seaports, are carried out by national Egyptian companies, with the help of foreign expertise in the field of superstructure such as as modern equipment, information technology, and management and operating systems, the statement

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