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Egypt's Sisi appoints new Suez Canal Authority chairman - statement

Egypt's Sisi appoints new Suez Canal Authority chairman - statement
Egyptian President Abdel Fattah al-Sisi attends a meeting with Russian President Vladimir Putin on the sidelines of the G20 summit in Osaka, Japan June 29, 2019. Sputnik/Mikhail Klimentyev/Kremlin via REUTERS -  Copyright  SPUTNIK(Reuters)
Copyright SPUTNIK(Reuters)
By Reuters
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CAIRO (Reuters) - Egypt's President Abdel Fattah al-Sisi appointed Lieutenant General Osama Rabie as chairman of the Suez Canal Authority, the presidency said in a statement on Saturday.

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Its previous head, Mohab Mamish, was appointed as an advisor to the president on seaports, the statement said.

The Suez Canal is the fastest shipping route between Europe and Asia and one of the Egyptian government’s main sources of foreign currency.

(Reporting by Mohamed Hendawy; Writing by Nadine Awadalla; Editing by Kevin Liffey)

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