Egyptian President Abdel-Fattah El-Sisi, issued a republican decision appointing Walid Gamal El-Din, to succeed Engineer Yahya Zaki, as Chairman of the Board of Directors of the General Authority for the Economic Zone of the Suez Canal, for a period of one year, starting from August 12, 2022.

Walid Gamal El-Din is the third head of the economic section of the Suez Canal after Lieutenant-General Mohab Mameesh assumed responsibility for the Suez Canal and seaports axis projects, and was followed in August 2019 by the appointment of Yahya Zaki as head of the General Authority for the Economic Zone of the Suez Canal, to take responsibility for a period of 3 years.

Following Zaki’s appointment in the Suez Canal Economy, Walid Gamal El-Din was assigned the duties of the executive director of the authority as of January 2020, followed by his assignment as vice president of the authority for investment and promotion affairs in May 2022, and then the authority’s presidency was assigned to him in August 2022.

The Suez Canal Economic Authority includes four industrial zones: East Port Said, West Qantara, East Ismailia, and Sokhna, as well as six ports, which are West Port Said, East Port Said, Arish, Adabiya, Sokhna, and El Tour.

Gamal El-Din’s expertise is mainly focused on investment management, marketing and project promotion, and management, which will support the state’s plan to localize several targeted industries in the region.

Gamal El-Din’s current tasks include cooperating with global alliances and international entities to activate the movement of incoming trade to Egypt, transit trade, and promoting the use of green fuels, as well as working on the national plan to localize many strategic industries, such as railways, automobiles, and petrochemicals industries, and to complete development work and expansion of the six seaports affiliated with the authority, and pumping new investments in its four industrial zones.