ArabFinance: President Abdel Fattah El-Sisi issued a decree renewing the tenure of Mohamed Abdel Aziz Baraya as Vice Chairman of the Suez Canal Economic Zone (SCZone) for the Northern Region, according to a statement by eh Suez Canal Authority (SCA) on January 7th.

The President appointed Walid Youssef Morsi as SCZone's Vice Chairman for the Southern Region.

In addition, El Sisi appointed Ibrahim Mostafa Abdel Khalek as Vice President of the authority’s investment and promotion division.

The decisions are effective as of January 2nd and will be valid for one year.

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