Mansour Amends Law Regulating Suez Canal Authority

President Adly Mansour on Monday 1252014 issued a decree having the force of law amending the law regulating the Suez Canal Authority.

Under the amendment, the Canal will have a board of directors, including the chairman and members, established according to a presidential decree.

According to the amendment, the appointment of the board chief and members and their salaries and bonuses are specified by a decree of the President of the Republic.

Source : Egypt State Information Service