Egypt President Abdel Fattah El Sisi’s pardon of a prominent activist who spent 10 years in prison was welcomed as the latest attempt to heal the wounds of a clampdown that began at the time of his arrest.
Campaigner Ahmed Douma, 37, was a leading figure of the 2011 uprising that toppled autocratic ruler Hosni Mubarak after nearly 30 years in power.
But while some see the high-profile pardon as a goodwill gesture, others pointed out that arrests have continued in the 16 months since the Egyptian leader first ordered the release of more than 1,000 jailed critics in batches.
The releases are part of a carefully measured drive by Mr El Sisi to achieve national reconciliation during the current economic crisis – just months ahead of a presidential election.
Mr El Sisi's opponents claim tens of thousands of government critics remain in pretrial detention.
“After 10 years in prison, I wish I could say that I am happy after being released,” Mr Douma told reporters on Saturday after leaving his prison on the outskirts of Cairo.
“I postpone any celebrations until everyone is free. I wish we can celebrate soon.”
On Sunday, Mr Douma listed in a Facebook post the names of 16 mostly well-known government critics who remain behind bars, including British-Egyptian Alaa Abdel Fattah and former presidential candidate Abdel Monaim Abul Fotouh.
“And there are thousands of others who have also been crushed by an unjust system just like I was … There will be no joy without loved ones from among family, comrades and even foes being free as well,” he said.
Mr Douma was arrested in the large-scale clampdown that followed the 2013 ouster by the army, then led by Mr El Sisi, of Mohammed Morsi, an Islamist who was elected president in 2012.
Mr Douma was initially sentenced to 25 years in prison in 2015 for clashing with security forces, but this was reduced on appeal to 15 years in 2019. Later that year, Egypt's top appeals court upheld the reduced sentence.
Rights activist Hossam Bahgat welcomed the pardon, but said the decision was made “without any transparency or understanding of why some people were selected (for a pardon) and others ignored”.
Mr El Sisi’s government, he added, was “showing no indication of moving towards ending the crisis of political prisoners in Egypt.”
The issue of pretrial detention has been openly debated over the past year, with critics and experts calling on Mr El Sisi in online articles and social media posts to end it. They label it as the government’s roundabout way of keeping dissidents jailed without being formally charged or put on trial.
The government insists there are no political prisoners in Egypt and that everyone in detention is facing due legal process.
Mr El Sisi has argued that the actions were needed to safeguard the nation against a terror campaign that followed Morsi’s removal.
He has also launched a national dialogue that brought together the opposition, experts, trade unionists, pro-government politicians and academics to try to chart the country’s future.
The dialogue began in May. Last week, it delivered recommendations to the president to reform the electoral system with the aim of making parliament’s two chambers, currently dominated by El Sisi supporters, more representative.
The dialogue is expected to send more recommendations to the president, who has the prerogative to accept or dismiss them.
Mr El Sisi has yet to say whether he will seek a third term in office, but is widely believed to have every intention to contest the forthcoming election expected in early 2024 and which he is virtually certain to win.
Mohammed Zaree, an award-winning rights activist, believes the release of Mr Douma and others are not part of a political reform campaign, but more of an attempt to defuse growing frustration with the economic crisis.
“Political reform is not something that is in progress at this point of time,” he said.
In the past 17 months, Egypt devalued its currency three times, leaving its pound stripped of some 50 per cent of its value. Inflation is at record levels, reflecting in large part steep rises in the price of food.
A dollar crunch has cast doubt on the nation’s ability to repay its huge foreign debt – more than $160 billion – and led to the suppression of imports and the subsequent disruption of industries reliant on imported material.
Mr El Sisi, in charge of the economy since taking office in 2014, has placed the blame on the coronavirus pandemic and the Russia-Ukraine war while defending his handling of the economy.
“It is a difficult challenge, but will it end? Absolutely, this is the way of the world,” he said during a visit last week to Egypt’s north-west coastal region. “People are gravely impacted by the crisis and I know that prices are high. We are doing everything in our power to mitigate the impact of this crisis.
“Everything will be fine with your good prayers,” he told scores of local dignitaries in televised remarks.
Avatar%3A%20The%20Way%20of%20Water
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Skoda Superb Specs
Engine: 2-litre TSI petrol
Power: 190hp
Torque: 320Nm
Price: From Dh147,000
Available: Now
The specs
- Engine: 3.9-litre twin-turbo V8
- Power: 640hp
- Torque: 760nm
- On sale: 2026
- Price: Not announced yet
Conflict, drought, famine
Estimates of the number of deaths caused by the famine range from 400,000 to 1 million, according to a document prepared for the UK House of Lords in 2024.
It has been claimed that the policies of the Ethiopian government, which took control after deposing Emperor Haile Selassie in a military-led revolution in 1974, contributed to the scale of the famine.
Dr Miriam Bradley, senior lecturer in humanitarian studies at the University of Manchester, has argued that, by the early 1980s, “several government policies combined to cause, rather than prevent, a famine which lasted from 1983 to 1985. Mengistu’s government imposed Stalinist-model agricultural policies involving forced collectivisation and villagisation [relocation of communities into planned villages].
The West became aware of the catastrophe through a series of BBC News reports by journalist Michael Buerk in October 1984 describing a “biblical famine” and containing graphic images of thousands of people, including children, facing starvation.
Band Aid
Bob Geldof, singer with the Irish rock group The Boomtown Rats, formed Band Aid in response to the horrific images shown in the news broadcasts.
With Midge Ure of the band Ultravox, he wrote the hit charity single Do They Know it’s Christmas in December 1984, featuring a string of high-profile musicians.
Following the single’s success, the idea to stage a rock concert evolved.
Live Aid was a series of simultaneous concerts that took place at Wembley Stadium in London, John F Kennedy Stadium in Philadelphia, the US, and at various other venues across the world.
The combined event was broadcast to an estimated worldwide audience of 1.5 billion.
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COMPANY%20PROFILE%20
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Results
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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.”
More on Palestine-Israeli relations
MATCH INFO
Uefa Champions League final:
Who: Real Madrid v Liverpool
Where: NSC Olimpiyskiy Stadium, Kiev, Ukraine
When: Saturday, May 26, 10.45pm (UAE)
TV: Match on BeIN Sports
THE SPECS
Engine: 3-litre V6
Transmission: eight-speed automatic
Power: 424hp
Torque: 580 Nm
Price: From Dh399,000
On sale: Now
if you go
The flights
Air Astana flies direct from Dubai to Almaty from Dh2,440 per person return, and to Astana (via Almaty) from Dh2,930 return, both including taxes.
The hotels
Rooms at the Ritz-Carlton Almaty cost from Dh1,944 per night including taxes; and in Astana the new Ritz-Carlton Astana (www.marriott) costs from Dh1,325; alternatively, the new St Regis Astana costs from Dh1,458 per night including taxes.
When to visit
March-May and September-November
Visas
Citizens of many countries, including the UAE do not need a visa to enter Kazakhstan for up to 30 days. Contact the nearest Kazakhstan embassy or consulate.
PROFILE BOX
Company name: Overwrite.ai
Founder: Ayman Alashkar
Started: Established in 2020
Based: Dubai International Financial Centre, Dubai
Sector: PropTech
Initial investment: Self-funded by founder
Funding stage: Seed funding, in talks with angel investors
The Equaliser 2
Director Antoine Fuqua
Starring: Denzel Washington, Bill Pullman, Melissa Leo, Ashton Sanders
Three stars
'Ashkal'
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Youssef%20Chebbi%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Fatma%20Oussaifi%20and%20Mohamed%20Houcine%20Grayaa%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A
ELIO
Starring: Yonas Kibreab, Zoe Saldana, Brad Garrett
Directors: Madeline Sharafian, Domee Shi, Adrian Molina
Rating: 4/5
MATCH INFO
Uefa Champions League semi-final, second leg
Real Madrid (2) v Bayern Munich (1)
Where: Santiago Bernabeu, Madrid
When: 10.45pm, Tuesday
Watch Live: beIN Sports HD
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
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
Killing of Qassem Suleimani
Key products and UAE prices
iPhone XS
With a 5.8-inch screen, it will be an advance version of the iPhone X. It will be dual sim and comes with better battery life, a faster processor and better camera. A new gold colour will be available.
Price: Dh4,229
iPhone XS Max
It is expected to be a grander version of the iPhone X with a 6.5-inch screen; an inch bigger than the screen of the iPhone 8 Plus.
Price: Dh4,649
iPhone XR
A low-cost version of the iPhone X with a 6.1-inch screen, it is expected to attract mass attention. According to industry experts, it is likely to have aluminium edges instead of stainless steel.
Price: Dh3,179
Apple Watch Series 4
More comprehensive health device with edge-to-edge displays that are more than 30 per cent bigger than displays on current models.
TECH%20SPECS%3A%20APPLE%20WATCH%20SERIES%208
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Avatar: Fire and Ash
Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5
The specs
Engine: 2.3-litre, turbo four-cylinder
Transmission: 10-speed auto
Power: 300hp
Torque: 420Nm
Price: Dh189,900
On sale: now