Egypt agrees long-awaited cabinet reshuffle, local media report

DUBAI: Egyptian Prime Minister Mostafa Madbouly’s cabinet is set for a long-awaited reshuffle, local media reported, and he is expected to swear in new finance and foreign ministers on Wednesday. The new government faces challenges such as the war in Gaza on its border, economic woes and persistent power outages that have frustrated Egyptians and closed some factories. State television reported that Ahmed Kouchouk will become finance minister and face perhaps his biggest challenge in managing a stumbling economy and skyrocketing debt.

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