Posted on 09/12/2015 5:46:35 AM PDT by Enlightened1
Egyptian President Abdel Fattah al-Sisi on Saturday asked Oil Minister Sherif Ismail to form a new cabinet within one week after the government submitted its resignation, a statement from the presidency said.
It was not immediately clear why the government resigned but officials told Reuters on condition of anonymity that Sisi had been unhappy with the performance of several ministries.
The announcement comes almost one week after the authorities arrested Egypt's agriculture minister over corruption allegations.
Egypt is battling an insurgency headed by an affiliate of Islamic State while trying to attract more foreign investment in an economy reeling from years of turmoil that followed an uprising that toppled autocrat Hosni Mubarak in 2011.
Ismail will likely be appointed the new prime minister, replacing Ibrahim Mehleb. An engineer who held senior posts at several state-run energy firms, Ismail is seen as one of the best performing ministers.
(Excerpt) Read more at reuters.com ...
Very interesting. Thanks for posting.
Imagine actually firing poorly performing officials! What a concept! (Don’t fear, that was this year’s entire allotment of exclamation marks.)
Wonder what, if anything, this could mean for oil prices.
Just ask em all to resign, then reappoint the ones you want to keep
No drama
In Ancient Rome they’d all be asked to open their veins
The wars in Yemen and Syria have more impact than an Egyptian political maneuver
Egypt military entering Yemen in support of Saudis
It was not immediately clear why the government resigned but officials told Reuters on condition of anonymity that Sisi had been unhappy with the performance of several ministries. The announcement comes almost one week after the authorities arrested Egypt's agriculture minister over corruption allegations. Egypt is battling an insurgency headed by an affiliate of Islamic State while trying to attract more foreign investment in an economy reeling from years of turmoil that followed an uprising that toppled autocrat Hosni Mubarak in 2011.So, what's of concern? Syria of course! ISIS is holding people's heads in the toilet all over Syria, and pretending to be refugees slipping out of war zones into Europe. Meanwhile, using an Iranian bankroll, they're trying to overthrow the gov't of Egypt. When Obama was doing that, oh, that was just awful! Syria's already a smoking ruin -- Egypt has to be backed, now.
Looks like there’s a new Sherif in town.
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