The Egyptian government on Sunday refuted an audio clip spread online claiming that the government intends to sell the Suez Canal for a trillion dollars.
The Media Center of the Egyptian Cabinet said that it contacted the Suez Canal Authority (SCA), which denied the news and confirmed that the audio clip is fabricated.
The SCA stressed that the Suez Canal will remain fully owned by the Egyptian state and subject to its sovereignty – whether in its management, operation or maintenance – and the entire staff of the Suez Canal Authority will remain Egyptian citizens.
It explained that the canal or any of its constitutionally protected facilities cannot be harmed in accordance with Article 43 of the Egyptian Constitution, which stipulates “The state’s commitment to protect, develop and preserve the Suez Canal as an international waterway owned by it, and it is also committed to developing the canal sector as a distinguished economic center.”
The SCA called on citizens to only obtain information from official sources.
