Egypt agrees long-awaited cabinet reshuffle, local media report

DUBAI: Egyptian Prime Minister Mostafa Madbouly’s cabinet is preparing for a long-awaited reshuffle, local media reported, with the changes including the swearing in of new finance and foreign ministers on Wednesday. The new government faces challenges including the Gaza border war, economic woes and rolling power outages that have frustrated Egyptians and shuttered some factories. State television said Ahmed Kouchouk is set to become finance minister, facing perhaps his biggest challenge in managing a shaky economy and soaring debt.

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