Egypt’s House of Representatives today approved a major cabinet reshuffle proposed by President Abdel Fattah Al-Sisi, in a session led by Parliament Speaker Hisham Badawi. The motion passed with a majority of members present, clearing the way for new ministerial appointments and leadership changes across several key ministries. The following are the new key appointments ratified by Parliament: Hussein Mohamed Ahmed Issa – Deputy Prime Minister for Economic Affairs An economist and former head of Egypt’s Plan and Budget Committee, Hussein Issa has also served in advisory roles on economic policy, including with the Egyptian Federation of Industries. He is known for his expertise in finance and development strategy. Mohamed Saleh – Minister of Investment and Foreign Trade Saleh has extensive experience in capital markets and financial regulation. He previously served as Executive Chairman of the Egyptian Exchange (EGX), where he led reforms to modernize the stock market. Since 2022 (with renewal in 2025), he chaired Egypt’s Financial Regulatory Authority (FRA), overseeing non-banking financial sectors and enhancing market governance. Earlier roles included Senior Financial Economist and Head of the Capital Markets Unit at the Ministry of Investment. Ahmed Rostom…
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