Cairo’s reaction to handing over the Suez Canal to a Zionist company.
Egypt’s Suez Canal Organization reacted to the reports about the 99-year handover contract of this canal to an Israeli company by publishing a statement.
In the official statement of the Suez Canal Organization, it is stated that the information raised on social networks about the 99-year contract of handing over this canal to a foreign company is completely baseless, and the Suez Canal Organization emphasizes Egypt’s absolute political and economic sovereignty over this canal.
In this statement, it is emphasized: This organization has fulfilled its social responsibility in clearly announcing all its contracts and memorandums, and has always been interested in the national interests and increasing the revenues of this canal, which is part of the country’s revenues, and it is never possible that Egypt’s sovereignty over the Suez Canal and transfer all related facilities to another party.
The statement of the Suez Canal Organization emphasized that all necessary legal measures will be taken against the promoters of this rumor and asked people not to pay attention to the rumors.
Earlier, Egyptian social networks published a document in which it was claimed that the Suez Canal Organization has handed over the management of the canal to a Zionist company under a 99-year contract.