As Egypt looks for sustainable economic growth and foster investment, the Egyptian cabinet will witness changes in the economic ministerial portfolio scheduled to be announced tomorrow.

According to local media platforms, Ahmed Kojok will be appointed as Minister of Finance.

The new cabinet will see the merging of the Ministries of Planning and International Cooperation, to be headed by Rania Al-Mashat.

Kamel Al-Wazir is slated to be appointed as Deputy Prime Minister and Minister of Industry and Transport.

Egypt’s Ministry of Investment and Foreign Trade could be returning, with Hassan El Khatib as its new minister.

Here is! what you want to know about the new ministers

Ahmed Kojak: is the Deputy Minister of Finance for Fiscal Policies.

 Kojak served as an economist at the World Bank in Cairo from the period June 2013 until the present.

during the period from May 2011 until 2013, he worked as Deputy Assistant Minister of Finance for Deauville Partnership Affairs.

From September 2010 until May 2013, Kojak worked as Director of the Macro-Fiscal Policies Unit at the Ministry of Finance.

From August 2010 until February 2011, he worked as Deputy Vice-Chairman of the International Financial and Monetary Committee of the International Monetary Fund.

Hassan El Khatib: has more than 35 years of experience in the field of direct investment and investment banks in Egypt, North Africa, Turkey, and Central and Eastern Europe.

Additionally, he has a membership in the boards of directors of many companies in the fields of insurance, industry, pharmaceuticals, tourism, real estate, oil and gas, communications, and textiles.

El Khatib served as a non-executive board member of the Sovereign Fund of Egypt, from 2019 to 2023.

He also was the Executive Director of Direct Investment at the European Bank for Reconstruction and Development (EBRD) from 2014 to 2023, with an investment portfolio ranging between $8 and $10 billion.