Egyptian President El Sisi, who visited troops in the region on Saturday, says the country is planning a large celebration to mark the end of the insurgency Muslim extremists waged in the Sinai Peninsula. Photo: Abdelfattah Elsisi / Twitter
Egyptian President El Sisi, who visited troops in the region on Saturday, says the country is planning a large celebration to mark the end of the insurgency Muslim extremists waged in the Sinai Peninsula. Photo: Abdelfattah Elsisi / Twitter
Egyptian President El Sisi, who visited troops in the region on Saturday, says the country is planning a large celebration to mark the end of the insurgency Muslim extremists waged in the Sinai Peninsula. Photo: Abdelfattah Elsisi / Twitter
Egyptian President El Sisi, who visited troops in the region on Saturday, says the country is planning a large celebration to mark the end of the insurgency Muslim extremists waged in the Sinai Penins

El Sisi says plans afoot to celebrate defeat of extremists in Sinai Peninsula


Hamza Hendawi
  • English
  • Arabic

Egypt is planning a large celebration to mark the end of the insurgency that extremists waged in the Sinai Peninsula, President Abdel Fattah El Sisi said during a weekend visit to the region.

Mr El Sisi, a former army general, said the celebration would be held in Sinai “at the spot where Egyptian blood has been shed” and would be “proportionate to the sacrifices made”.

The president's comments, made during a visit on Saturday to troops in the Sinai region just east of the Suez Canal, amount to a declaration of victory over the extremists whose insurgency has dwindled in recent years to infrequent small-scale attacks.

Mr El Sisi also vowed that his government would continue to pour funds into Sinai to develop the 60,000-square kilometre region of desert and mountains, with Red Sea resort towns to the south and a sandy Mediterranean coastline to the north.

The President's office released video footage of his visit to Sinai on Saturday night.

It shows Mr Sisi sharing iftar, the first meal after Muslims break their Ramadan fast at sunset, with troops deployed in the region. Earlier in the day, he is seen chatting with infantrymen at a checkpoint about their families, the benefits of staying fit and learning while in active service.

“Remember 10 years ago when everyone was asking when will terrorism end? Well, it's finished, right?” the president says as he chats with the troops.

“One day, all this will be just history,” he said.

Mr El Sisi has said previously that the government would build a museum dedicated to the war against terrorism in Sinai, with displays of the weapons, ammunition and communications equipment seized from militants. He did not say when the museum would be built, or where.

A billboard bearing an image of Egyptian President Abdel Fattah El Sisi in Sharm El Sheikh, a popular Red Sea resort in the south of the Sinai Peninsula. AP
A billboard bearing an image of Egyptian President Abdel Fattah El Sisi in Sharm El Sheikh, a popular Red Sea resort in the south of the Sinai Peninsula. AP

Mr El Sisi has repeatedly blamed the insurgency in Sinai on the chaos that engulfed Egypt following a 2011 uprising that ended the autocratic, 29-year rule of President Hosni Mubarak.

Muslim extremists have fought police and government troops in Sinai’s north-east corner for years, but the frequency and deadliness of their attacks increased after Mohammed Morsi, a member of the now-banned Muslim Brotherhood, was ousted from the presidency in 2013.

Morsi was in power for just a year when he was removed by the military, then led by Mr El Sisi, amid a wave of street protests against his divisive rule.

The Sinai insurgency has quietened significantly following a major military offensive launched in 2018, backed by tanks, fighters jets and helicopter gunships.

Squeezed out of their strongholds and shunned by local tribes, the extremists have since resorted to the abduction and execution of alleged army informants or tribesmen known to support the government. They have also targeted members of the small Christian community in Sinai and remote army posts.

Mr El Sisi said last month that Egypt's war against terrorism had cost the treasury at least one billion pounds (about $33 million) a month since 2011.

Last year, he said the army and police had lost 3,277 men fighting militants since 2013, with another 12,280 service members sustaining injuries that prevented them from returning to active duty.

“We will never again tolerate this … We will never let anyone raise a weapon against the state ever again because the price we paid was very high. We will be very, very ruthless with anyone who raises a weapon against the state,” Mr El Sisi said on Saturday.

Cars on Cairo highway pass beneath a billboard showing an advertisement for a 2022 television series in which actor Yasser Galal plays Egyptian President Abdel Fattah El Sisi. AFP
Cars on Cairo highway pass beneath a billboard showing an advertisement for a 2022 television series in which actor Yasser Galal plays Egyptian President Abdel Fattah El Sisi. AFP

“The fighting here was nothing less than all the fighting Egypt did over the years. What was done in this war is not less than what was done in the October war,” he said on Saturday, alluding to the 1973 Arab-Israeli war when Egyptian troops stormed Israeli defences on the east bank of the Suez Canal in Sinai.

The last war between Egypt and Israel, the 1973 conflict is hailed by Egyptians as a historic triumph that avenged the country’s humiliating loss of the Sinai Peninsula to Israel in the 1967 Middle East war.

Harry%20%26%20Meghan
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3ELiz%20Garbus%26nbsp%3B%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Duke%20and%20Duchess%20of%20Sussex%0D%3Cbr%3E%0D%3Cbr%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E3%2F5%3C%2Fp%3E%0A
Islamophobia definition

A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.

Dengue%20fever%20symptoms
%3Cp%3EHigh%20fever%20(40%C2%B0C%2F104%C2%B0F)%3Cbr%3ESevere%20headache%3Cbr%3EPain%20behind%20the%20eyes%3Cbr%3EMuscle%20and%20joint%20pains%3Cbr%3ENausea%3Cbr%3EVomiting%3Cbr%3ESwollen%20glands%3Cbr%3ERash%26nbsp%3B%3C%2Fp%3E%0A
UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

2025 Fifa Club World Cup groups

Group A: Palmeiras, Porto, Al Ahly, Inter Miami.

Group B: Paris Saint-Germain, Atletico Madrid, Botafogo, Seattle.

Group C: Bayern Munich, Auckland City, Boca Juniors, Benfica.

Group D: Flamengo, ES Tunis, Chelsea, Leon.

Group E: River Plate, Urawa, Monterrey, Inter Milan.

Group F: Fluminense, Borussia Dortmund, Ulsan, Mamelodi Sundowns.

Group G: Manchester City, Wydad, Al Ain, Juventus.

Group H: Real Madrid, Al Hilal, Pachuca, Salzburg.

Benefits of first-time home buyers' scheme
  • Priority access to new homes from participating developers
  • Discounts on sales price of off-plan units
  • Flexible payment plans from developers
  • Mortgages with better interest rates, faster approval times and reduced fees
  • DLD registration fee can be paid through banks or credit cards at zero interest rates
Europe's top EV producers
  1. Norway (63% of cars registered in 2021)
  2. Iceland (33%)
  3. Netherlands (20%)
  4. Sweden (19%)
  5. Austria (14%)
  6. Germany (14%)
  7. Denmark (13%)
  8. Switzerland (13%)
  9. United Kingdom (12%)
  10. Luxembourg (10%)

Source: VCOe 

The specs: 2019 Haval H6

Price, base: Dh69,900

Engine: 2.0-litre turbocharged four-cylinder

Transmission: Seven-speed automatic

Power: 197hp @ 5,500rpm

Torque: 315Nm @ 2,000rpm

Fuel economy, combined: 7.0L / 100km

The specs

Engine: 2.0-litre four-cylinder turbo

Power: 268hp at 5,600rpm

Torque: 380Nm at 4,800rpm

Transmission: CVT auto

Fuel consumption: 9.5L/100km

On sale: now

Price: from Dh195,000 

The specs
  • Engine: 3.9-litre twin-turbo V8
  • Power: 640hp
  • Torque: 760nm
  • On sale: 2026
  • Price: Not announced yet
The biog

Name: Dhabia Khalifa AlQubaisi

Age: 23

How she spends spare time: Playing with cats at the clinic and feeding them

Inspiration: My father. He’s a hard working man who has been through a lot to provide us with everything we need

Favourite book: Attitude, emotions and the psychology of cats by Dr Nicholes Dodman

Favourit film: 101 Dalmatians - it remind me of my childhood and began my love of dogs 

Word of advice: By being patient, good things will come and by staying positive you’ll have the will to continue to love what you're doing

UAE Premiership

Results

Dubai Exiles 24-28 Jebel Ali Dragons
Abu Dhabi Harlequins 43-27 Dubai Hurricanes

Final
Abu Dhabi Harlequins v Jebel Ali Dragons, Friday, March 29, 5pm at The Sevens, Dubai

Updated: April 02, 2023, 1:57 PM