Egyptian President Abdel Fattah El-Sisi confirmed today, Sunday, that Egypt is facing a fierce war of rumors against citizens’ suspicions of their country and its development projects. He said during the opening of projects in Ismailia that the volume of rumors and slander is abnormal. in the last of which it was reported that “the state is considering the possibility of selling the Suez Canal.” And there’s a proposal for that.” He also added, “They took my conversations and made a movie out of them with my voice and broadcast it based on what I said in my own language that the release would sell for a trillion dollars.”
At the same time, Al-Sisi confirmed that the terrorists’ plans were aimed at isolating Sinai and separating it from Egypt, adding that state bodies should be present in Sinai after the elimination of terrorism, and “will move and do everything possible to implement development plans.”
In this regard, the President of Egypt stated that the state aims to increase the population area up to 12% through the creation of new cities, noting that the area of the Sinai Peninsula is about 60,000 square kilometers, which is equivalent to the area inhabited by the population of Egypt.
In recent weeks, Egypt has witnessed widespread controversy over the Egyptian government’s intention to create a special fund for the Suez Canal and rumors of an intention to sell part of the canal’s assets. Al-Sisi settled the matter in previous statements and revealed that the goal of establishing and establishing the fund is for the channel to generate $220 billion in revenue from 1975 to present, indicating that if 10% of that revenue is deducted and placed in the fund , it could be used to finance projects of the Suez Canal Administration. And development in the canal, as happened in other ministries.