Egyptian President Abdel Fattah El Sisi will run for a third term in office in elections scheduled for December, he announced on Monday night.
The former army general, who was first elected in 2014, made the announcement in a televised address.
“As I have in the past answered the call of Egyptians, here I am today answering their call once again,” said Mr El Sisi, 68.
“I have decided to nominate myself for you so we can continue the dream in a new presidential term that I promise will be a continuation of our joint endeavour for the sake of Egypt and its people.”
His win is widely considered to be virtually guaranteed given his access as the incumbent to the state's vast resources, including the media and government institutions.
Many Egyptians also feel an aversion towards change after the years of turmoil that followed a 2011 uprising, which forced long-serving autocratic leader Hosni Mubarak to step down.
Egyptians have also grown accustomed to leaders hailing from the military, with many believing they provide a safe pair of hands in a region often in turmoil.
Should he win the election, Mr El Sisi will have served 16 years in office when his third term ends in 2030.
“I sincerely call on Egyptians to make this election the new beginning of an energetic political life that boasts diversity,” he said in his address.
Thousands of his supporters were gathered on major squares in cities across the country ahead of the announcement, where they waved flags as giant screens showed the president's address to the nation.
The December elections will be held as the country of 105 million people is suffering an economic crisis during which the Egyptian pound lost half its value since March 2022 and inflation hit record highs.
A persistent foreign currency crunch has suppressed imports and badly hurt industries dependent on foreign materials.
Mr El Sisi has blamed the crisis entirely on the coronavirus pandemic and the Russia-Ukraine war, but critics maintain that overspending and excessive borrowing – the foreign debt stands at more than $160 billion – were major contributing factors.
His announcement on Monday night came at the end of a three-day forum in which he listened to his Prime Minister and Cabinet members speak at length about the achievements of the government in the nine years since Mr El Sisi took office.
On Saturday, he urged Egyptians to make do with less, saying it was better if they went hungry and thirsty if that meant building the nation and achieving prosperity.
Mr El Sisi will be challenged in the December vote by Ahmed Tantawy, an outspoken former member of parliament and a critic of the Egyptian leader.
Mr Tantawy has been gaining popularity since he declared his intention to run earlier this year.
The other challengers are lesser known politicians, with limited popular appeal.
“As an Egyptian citizen before being President, I am very happy to see this multitude of candidates who are taking the initiative to take responsibility," Mr El Sisi said.
"They have my respect and appreciation.”
COMPANY%20PROFILE
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%20Ramez%20Gab%20Min%20El%20Akher
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Wenger's Arsenal reign in numbers
1,228 - games at the helm, ahead of Sunday's Premier League fixture against West Ham United.
704 - wins to date as Arsenal manager.
3 - Premier League title wins, the last during an unbeaten Invincibles campaign of 2003/04.
1,549 - goals scored in Premier League matches by Wenger's teams.
10 - major trophies won.
473 - Premier League victories.
7 - FA Cup triumphs, with three of those having come the last four seasons.
151 - Premier League losses.
21 - full seasons in charge.
49 - games unbeaten in the Premier League from May 2003 to October 2004.
The specs: 2017 Porsche 718 Cayman
Price, base / as tested Dh222,500 / Dh296,870
Engine 2.0L, flat four-cylinder
Transmission Seven-speed PDK
Power 300hp @ 6,500rpm
Torque 380hp @ 1,950rpm
Fuel economy, combined 6.9L / 100km
Illegal%20shipments%20intercepted%20in%20Gulf%20region
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India cancels school-leaving examinations
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NEW%20UTILITY%20POLICY%3A%20WHAT%20DOES%20IT%20REGULATE%3F
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FA Cup quarter-final draw
The matches will be played across the weekend of 21 and 22 March
Sheffield United v Arsenal
Newcastle v Manchester City
Norwich v Derby/Manchester United
Leicester City v Chelsea
Tips for used car buyers
- Choose cars with GCC specifications
- Get a service history for cars less than five years old
- Don’t go cheap on the inspection
- Check for oil leaks
- Do a Google search on the standard problems for your car model
- Do your due diligence. Get a transfer of ownership done at an official RTA centre
- Check the vehicle’s condition. You don’t want to buy a car that’s a good deal but ends up costing you Dh10,000 in repairs every month
- Validate warranty and service contracts with the relevant agency and and make sure they are valid when ownership is transferred
- If you are planning to sell the car soon, buy one with a good resale value. The two most popular cars in the UAE are black or white in colour and other colours are harder to sell
Tarek Kabrit, chief executive of Seez, and Imad Hammad, chief executive and co-founder of CarSwitch.com
MATCH INFO
Red Star Belgrade v Tottenham Hotspur, midnight (Thursday), UAE
How Sputnik V works
Our family matters legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
Avatar: Fire and Ash
Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5
Red flags
- Promises of high, fixed or 'guaranteed' returns.
- Unregulated structured products or complex investments often used to bypass traditional safeguards.
- Lack of clear information, vague language, no access to audited financials.
- Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
- Hard-selling tactics - creating urgency, offering 'exclusive' deals.
Courtesy: Carol Glynn, founder of Conscious Finance Coaching
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