Egypt’s El-Saieed to Remain as Finance Minister, Ahram Reports

Aug. 1 (Bloomberg) -- Egyptian Finance Minister Momtaz El-Saieed will retain his position in the new government, the state-run Al Ahram newspaper reported, citing unidentified officials.

The cabinet will be announced on Aug. 2, Prime Minister-designate Hisham Qandil told reporters in Cairo on July 28.

To contact the reporter on this story: Alaa Shahine in Dubai at asalha@bloomberg.net

To contact the editor responsible for this story: Claudia Maedler at cmaedler@bloomberg.net