x Abu Dhabi, UAEWednesday 26 July 2017

Morsi to consider cabinet changes as new constitution adopted

Egypt's president Mohammed Morsi yesterday urged all political powers to take part in a national dialogue to resolve lingering tensions and promised to take necessary steps to heal the economy.

CAIRO // Egypt's president Mohammed Morsi yesterday urged all political powers to take part in a national dialogue to resolve lingering tensions and promised to take necessary steps to heal the economy.

In his first address to the nation since the adoption of a new constitution, he said he was considering possible cabinet changes and planned to introduce incentives to make Egypt a more attractive investment destination.

"The coming days will witness, God willing, the launch of new projects ... and a package of incentives for investors to support the Egyptian market and the economy," he said in a televised speech.

"I will deploy all my efforts to boost the Egyptian economy, which faces enormous challenges but has also big opportunities for growth, and I will make all the changes necessary for this task," he said.

 

* Reuters and Agence France-Presse