Leading the Arab world's most populous nation, which has more than 100 million people, has been even more challenging in recent years. The responsibility falls to Egyptian President Abdel Fattah El Sisi, whose early political tenure has been defined by creating stability after several years of turbulence.
After a period of improved security, a stronger economy and vast infrastructure updates, Mr El Sisi now has the space to open a new chapter in his presidency.
Since the country's independence movement, led by Gamal Abdel Nasser in the 1950s, political slogans have offered insight into the priorities of Egyptian governments. Mr El Sisi started his time in office with "Long Live Egypt!" a phrase that captured minds across the country, after a period of anxiety and uncertainty.
Earlier this month, at an event in front of 50,000 spectators, Mr El Sisi referred to today's Egypt as "The New Republic". "New" might be the focus, but this is not a break from previous political goals. It is instead an updated version of them, which will build and secure the country by turning the government's attention to wider aspects of the economy and society.
Progress on these matters, after all, will feed into the country's safety. Egypt faces a number of demographic challenges, few more discussed than its youthful and growing population. Without jobs and robust public services, life could become increasingly hard and unstable for young Egyptians.
But, as the government is setting out to demonstrate with a huge policy agenda, it does not have to be that way. The New Administrative Capital, Egypt's vast new capital city to the east of Cairo, will give a modern, energising home to all aspects of life in the country, from its civil service, universities, businesses and diverse religious communities. Challenges can be turned into opportunities.
Traditional mainstays of its economy are also getting important updates. Early into his term, Mr El Sisi ordered a major and astonishingly swift expansion of the Suez Canal. In light of the Ever Given incident earlier this year – when a container ship became lodged in the waterway for six days with major effects on the global economy – a second expansion, announced first in 2019, was ramped up to modernise the canal's operations. Designed primarily to reduce the chances of future incidents, the project will also add to the economy, and is expected to almost triple the waterway's revenue to more than $13 billion by 2023.
In a sign of the resilience of today's Egypt, this huge domestic programme is staying on course as the country navigates complicated geopolitics, given its dangerous and often long borders with some of the Middle East's most unstable territories.
Moving towards a New Republic is an acknowledgement by government that while the nature of immediate priorities is shifting, the overall mandate remains the same. But this is not just an Egyptian event. It is one for the entire world, because the security of Egypt is of almost undefinable global importance. Very few governments carry such a multifaceted burden, and the country looked dangerously close to not being able to shoulder it a few years ago. Those looking at Egypt's transformation from afar should reflect on the remarkable speed at which a new country is emerging.
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
The specs: Audi e-tron
Price, base: From Dh325,000 (estimate)
Engine: Twin electric motors and 95kWh battery pack
Transmission: Single-speed auto
Power: 408hp
Torque: 664Nm
Range: 400 kilometres
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Labour dispute
The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.
- Abdullah Ishnaneh, Partner, BSA Law
Top investing tips for UAE residents in 2021
Build an emergency fund: Make sure you have enough cash to cover six months of expenses as a buffer against unexpected problems before you begin investing, advises Steve Cronin, the founder of DeadSimpleSaving.com.
Think long-term: When you invest, you need to have a long-term mindset, so don’t worry about momentary ups and downs in the stock market.
Invest worldwide: Diversify your investments globally, ideally by way of a global stock index fund.
Is your money tied up: Avoid anything where you cannot get your money back in full within a month at any time without any penalty.
Skip past the promises: “If an investment product is offering more than 10 per cent return per year, it is either extremely risky or a scam,” Mr Cronin says.
Choose plans with low fees: Make sure that any funds you buy do not charge more than 1 per cent in fees, Mr Cronin says. “If you invest by yourself, you can easily stay below this figure.” Managed funds and commissionable investments often come with higher fees.
Be sceptical about recommendations: If someone suggests an investment to you, ask if they stand to gain, advises Mr Cronin. “If they are receiving commission, they are unlikely to recommend an investment that’s best for you.”
Get financially independent: Mr Cronin advises UAE residents to pursue financial independence. Start with a Google search and improve your knowledge via expat investing websites or Facebook groups such as SimplyFI.
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The five pillars of Islam
Haircare resolutions 2021
From Beirut and Amman to London and now Dubai, hairstylist George Massoud has seen the same mistakes made by customers all over the world. In the chair or at-home hair care, here are the resolutions he wishes his customers would make for the year ahead.
1. 'I will seek consultation from professionals'
You may know what you want, but are you sure it’s going to suit you? Haircare professionals can tell you what will work best with your skin tone, hair texture and lifestyle.
2. 'I will tell my hairdresser when I’m not happy'
Massoud says it’s better to offer constructive criticism to work on in the future. Your hairdresser will learn, and you may discover how to communicate exactly what you want more effectively the next time.
3. ‘I will treat my hair better out of the chair’
Damage control is a big part of most hairstylists’ work right now, but it can be avoided. Steer clear of over-colouring at home, try and pursue one hair brand at a time and never, ever use a straightener on still drying hair, pleads Massoud.
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UAE currency: the story behind the money in your pockets
Ashes 2019 schedule
August 1-5: First Test, Edgbaston
August 14-18: Second Test, Lord's
August 22-26: Third Test, Headingley
September 4-8: Fourth Test, Old Trafford
September 12-16: Fifth Test, Oval
UK's plans to cut net migration
Under the UK government’s proposals, migrants will have to spend 10 years in the UK before being able to apply for citizenship.
Skilled worker visas will require a university degree, and there will be tighter restrictions on recruitment for jobs with skills shortages.
But what are described as "high-contributing" individuals such as doctors and nurses could be fast-tracked through the system.
Language requirements will be increased for all immigration routes to ensure a higher level of English.
Rules will also be laid out for adult dependants, meaning they will have to demonstrate a basic understanding of the language.
The plans also call for stricter tests for colleges and universities offering places to foreign students and a reduction in the time graduates can remain in the UK after their studies from two years to 18 months.
UAE currency: the story behind the money in your pockets
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The specs
Engine: four-litre V6 and 3.5-litre V6 twin-turbo
Transmission: six-speed and 10-speed
Power: 271 and 409 horsepower
Torque: 385 and 650Nm
Price: from Dh229,900 to Dh355,000
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