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BREAKING: Egypt's Sisi selects Petroleum Minister Sherif Ismail to become PM, form new cabinet PM Ibrahim Mahlab has submitted his cabinet's resignation to the Egyptian president on Saturday morning
President Abdel-Fattah El-Sisi has instructed Sherif Ismail, the minister of petroleum in the outgoing cabinet of Ibrahim Mahlab, to form a new cabinet as prime minister, within a week. Ibrahim Mahlab had earlier submitted his cabinet's resignation to El-Sisi on Saturday. Sherif Ismail had occupied the position of petroleum minister since July 2013. Ismail previously served as chairman of the state-owned Ganoub El-Wadi Petroleum Holding Company which manages exploration and production concessions, establishes joint ventures with private companies and constructs oil infrastructure. More to follow http://english.ahram.org.eg/News/141305.aspx