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Egypt's Sissi Reshuffles Cabinet, Appoints 10 New Ministers

FILE - Egyptian President Abdel-Fattah el-Sissi, addresses parliament in Cairo, Feb. 13, 2016.

President Abdel Fattah al-Sissi reshuffled his cabinet on Wednesday, appointing 10 new ministers including ones for the finance and investment portfolios as Egypt struggles to revive its economy.

Banking veteran Amr el-Garhy was appointed finance minister and Dalia Khorshid, formerly of Orascom Construction Industries, as investment minister, the presidency said in a statement.

The changes were announced a week after the central bank devalued the pound as import-dependent Egypt faces a dollar shortage.

Sissi also appointed four new deputy ministers - one for the planning minister and three deputy finance ministers for treasury affairs, tax policy, and fiscal policy.

Mohamed Hossam Abdelrehim was appointed justice minister, filling the role which had been vacant for 10 days since former minister Ahmed al-Zend was sacked after making comments seen as blasphemous.

Other appointments were ministers for justice, antiquities, the public sector, labor, irrigation, civil aviation, transport, and tourism.

The tourism industry was badly hit after a Russian airliner was blown out of the sky over the Sinai peninsula in October, killing all 224 people on board. Islamic State said it planted a bomb on board the aircraft.

The civil aviation ministry also came under criticism for airport security lapses.