The National Dialogue announced by Egyptian President Abdel Fattah El Sisi last year will begin its deliberations. Reuters
The National Dialogue announced by Egyptian President Abdel Fattah El Sisi last year will begin its deliberations. Reuters
The National Dialogue announced by Egyptian President Abdel Fattah El Sisi last year will begin its deliberations. Reuters
The National Dialogue announced by Egyptian President Abdel Fattah El Sisi last year will begin its deliberations. Reuters

Egypt to begin National Dialogue on political and economic reform


Kamal Tabikha
  • English
  • Arabic

“There will be no red lines in the discussions” at Egypt's National Dialogue, which begins in Cairo on Wednesday, general co-ordinator Diaa Rashwan said.

The event, announced by President Abdel Fattah El Sisi more than a year ago, is designed to provide a platform where political factions settle differences and chart a course towards presidential elections.

Journalists have been invited to attend the inaugural session, although it will not involve detailed discussions of the issues at hand, dialogue technical secretary Mohamed Fawzy said.

Egyptian President Abdel Fattah El Sisi at Al Ittihadiya presidential palace in Cairo. Reuters
Egyptian President Abdel Fattah El Sisi at Al Ittihadiya presidential palace in Cairo. Reuters

The conference will be held as Egypt contends with some of the its worst economic problems in years, including high inflation and national debt.

“The first session is just an introductory session but after that the dialogue will convene three days a week, one day for each of its main committees which comprises a political committee, in addition to the economic and social committees,” Mr Fawzy said during a televised phone-in on Monday.

A meeting of the dialogue’s participants, headed by Mr Fawzy and Mr Rashwan, took place this week to finalise the discussions.

A statement issued by Mr Rashwan after the meeting said it was “fruitful”.

The structure of elections is one of the most pressing issues for the dialogue’s political committee, said Effat Sadat, head of the Sadat Democratic Party, a pro-government party formed in 2014, during a televised discussion on Monday.

The dialogue’s board of trustees, made up of 19 representatives, in March submitted an official recommendation to Mr El Sisi that elections and referendums be placed under the supervision of the judiciary.

In a Facebook statement shortly after, Mr El Sisi promised to consider the recommendation.

The economic situation, widely believed to be one of the reasons the dialogue has been repeatedly postponed since its was announced in April last year, will also be one of the main issues on the first meeting’s agenda, Mr Rashwan said during the April 28 episode of his Masr Gedida (A New Egypt) talk show.

Inflation crisis

The crisis has affected most Egyptians, forcing millions to struggle daily to make ends meet with soaring food prices.

The Egyptian pound has lost half its value over the past year and a dollar crunch has halted many of the country’s industries which rely on imports.

In a shift in policy following his announcement of the dialogue, Mr El Sisi has eased some of the restrictions for which his administration has been repeatedly chided by foreign and domestic critics.

He has released hundreds of political prisoners, unbanned some news outlets and allowed exiled critics to return home.

The president has long held that the more austere measures which he put in place when he assumed power in 2014, including restrictions on media and the imprisonment of thousands of dissidents were a necessity as the country has been contending with a terrorist insurgency in North Sinai following a year of rule by the outlawed Muslim Brotherhood.

President Sisi visited troops stationed in the Sinai Peninsula on Saturday. Photo: Abdelfattah Elsisi / Twitter
President Sisi visited troops stationed in the Sinai Peninsula on Saturday. Photo: Abdelfattah Elsisi / Twitter

The organisation was banned in 2013 and is considered a terrorist group by the government.

A statement this week from dialogue participant Ahmed Maher, one of the founders of the April 6 movement, a youth campaign group, said that “the most important steps are to continue our efforts to categorically end the issue of political prisoners, to stop the persecution of citizens by security for expressing their opinions and to liberate media outlets”.

Mr Maher’s statements were echoed by Mr Sadat, who was cautiously optimistic when he said that “restrictions on political freedoms will be eased as long as the different parties can reach a consensus at the end”.

In the event that a committee cannot reach a unified decision on one issue, there will be no voting among the members to determine which proposal is sent to the executive.

Instead, both sides of the issue will be presented to the president, who will choose which one, if either, will be adopted into policy, Mr Rashwan said.

The structure of the dialogue has also been criticised for its top-down approach as it has been agreed that each of the dialogue’s three committees will come up with a list of recommendations, which would be submitted personally to the president.

The president then has the final say on which one becomes legislation.

In a Monday report published by the Woodrow Wilson International Centre for Scholars, Marina Ottaway, a Middle East political analyst, raised doubts about the dialogue’s ability to bring about meaningful change to Egypt’s most pressing issue, the economy.

She said that the dialogue's leadership would have been more effective if it had more autonomy to put policy into effect.

However, despite reservations, many participants view the dialogue as the most effective channel available to achieve their objectives and have welcomed the olive branch that has been extended by the country’s leadership.

“We believe that there is no alternative to the dialogue when it comes to settling our political differences, and we would like to underscore the importance of completing these first steps as a meaningful start to the necessary political reform,” Mr Maher said.

The Pope's itinerary

Sunday, February 3, 2019 - Rome to Abu Dhabi
1pm: departure by plane from Rome / Fiumicino to Abu Dhabi
10pm: arrival at Abu Dhabi Presidential Airport


Monday, February 4
12pm: welcome ceremony at the main entrance of the Presidential Palace
12.20pm: visit Abu Dhabi Crown Prince at Presidential Palace
5pm: private meeting with Muslim Council of Elders at Sheikh Zayed Grand Mosque
6.10pm: Inter-religious in the Founder's Memorial


Tuesday, February 5 - Abu Dhabi to Rome
9.15am: private visit to undisclosed cathedral
10.30am: public mass at Zayed Sports City – with a homily by Pope Francis
12.40pm: farewell at Abu Dhabi Presidential Airport
1pm: departure by plane to Rome
5pm: arrival at the Rome / Ciampino International Airport

The specs
Engine: 77.4kW all-wheel-drive dual motor
Power: 320bhp
Torque: 605Nm
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How the UAE gratuity payment is calculated now

Employees leaving an organisation are entitled to an end-of-service gratuity after completing at least one year of service.

The tenure is calculated on the number of days worked and does not include lengthy leave periods, such as a sabbatical. If you have worked for a company between one and five years, you are paid 21 days of pay based on your final basic salary. After five years, however, you are entitled to 30 days of pay. The total lump sum you receive is based on the duration of your employment.

1. For those who have worked between one and five years, on a basic salary of Dh10,000 (calculation based on 30 days):

a. Dh10,000 ÷ 30 = Dh333.33. Your daily wage is Dh333.33

b. Dh333.33 x 21 = Dh7,000. So 21 days salary equates to Dh7,000 in gratuity entitlement for each year of service. Multiply this figure for every year of service up to five years.

2. For those who have worked more than five years

c. 333.33 x 30 = Dh10,000. So 30 days’ salary is Dh10,000 in gratuity entitlement for each year of service.

Note: The maximum figure cannot exceed two years total salary figure.

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What is type-1 diabetes

Type 1 diabetes is a genetic and unavoidable condition, rather than the lifestyle-related type 2 diabetes.

It occurs mostly in people under 40 and a result of the pancreas failing to produce enough insulin to regulate blood sugars.

Too much or too little blood sugar can result in an attack where sufferers lose consciousness in serious cases.

Being overweight or obese increases the chances of developing the more common type 2 diabetes.

Best Academy: Ajax and Benfica

Best Agent: Jorge Mendes

Best Club : Liverpool   

 Best Coach: Jurgen Klopp (Liverpool)  

 Best Goalkeeper: Alisson Becker

 Best Men’s Player: Cristiano Ronaldo

 Best Partnership of the Year Award by SportBusiness: Manchester City and SAP

 Best Referee: Stephanie Frappart

Best Revelation Player: Joao Felix (Atletico Madrid and Portugal)

Best Sporting Director: Andrea Berta (Atletico Madrid)

Best Women's Player:  Lucy Bronze

Best Young Arab Player: Achraf Hakimi

 Kooora – Best Arab Club: Al Hilal (Saudi Arabia)

 Kooora – Best Arab Player: Abderrazak Hamdallah (Al-Nassr FC, Saudi Arabia)

 Player Career Award: Miralem Pjanic and Ryan Giggs

GAC GS8 Specs

Engine: 2.0-litre 4cyl turbo

Power: 248hp at 5,200rpm

Torque: 400Nm at 1,750-4,000rpm

Transmission: 8-speed auto

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Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

UAE SQUAD

UAE team
1. Chris Jones-Griffiths 2. Gio Fourie 3. Craig Nutt 4. Daniel Perry 5. Isaac Porter 6. Matt Mills 7. Hamish Anderson 8. Jaen Botes 9. Barry Dwyer 10. Luke Stevenson (captain) 11. Sean Carey 12. Andrew Powell 13. Saki Naisau 14. Thinus Steyn 15. Matt Richards

Replacements
16. Lukas Waddington 17. Murray Reason 18. Ahmed Moosa 19. Stephen Ferguson 20. Sean Stevens 21. Ed Armitage 22. Kini Natuna 23. Majid Al Balooshi

The President's Cake

Director: Hasan Hadi

Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem 

Rating: 4/5

Thank You for Banking with Us

Director: Laila Abbas

Starring: Yasmine Al Massri, Clara Khoury, Kamel El Basha, Ashraf Barhoum

Rating: 4/5

Updated: May 02, 2023, 12:18 PM