Egypt Installs New Cabinet Amid Economic and Regional Challenges

President Sisi swears in new ministers to address inflation, power cuts, and diplomatic tensions.

Prime Minister Mostafa Madbouly reappointed, leading a Cabinet with significant changes in key ministries.
Ahmed Kouchouk, former deputy finance minister, named new finance minister, focusing on fiscal discipline and debt reduction.
Badr Abdelatty replaces Sameh Shoukry as foreign minister, emphasizing Egypt's diplomatic role in regional conflicts.
New defense minister General Abdel Majeed Saqr appointed, highlighting military's ongoing influence in governance.
Economic priorities include mitigating rising prices, boosting investment, and addressing chronic power shortages.