The Suez Canal Authority welcomed a new board that will lead the waterway through a critical recovery year, according to a statement. Under the decree issued by authority chair Osama Rabie, Fathy Abdel Bary remains Director of Planning, Research, and Studies — a role that has become critical for the SCA’s marketing policies and incentive aimed at luring shipping lines to make their comeback to the waterway.
The new board sees a few faces hold onto their roles, some shuffled around, and a few join it, including Abdelrahman Ramadan, who was named Acting Director of the Transit Department, where he will help manage the return of mega-vessels to the waterway. Meanwhile, Abdelhakim Bedawy is now Director of Affiliated Companies.
Why it matters: This isn’t just an administrative shuffle; it’s a recovery taskforce. By keeping the legal and planning heads in place while switching around the operational and engineering leads, Rabie is betting on a mix of policy continuity and operational efficiency to woo back the global trade that has been diverted around the Cape of Good Hope.