Some of Egypt's citizens are alarmed at the level of power they perceive the country's army to hold.
Some of Egypt's citizens are alarmed at the level of power they perceive the country's army to hold.
Some of Egypt's citizens are alarmed at the level of power they perceive the country's army to hold.
Some of Egypt's citizens are alarmed at the level of power they perceive the country's army to hold.

Apathy in Egypt on coup's anniversary


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  • Arabic

CAIRO // Fifty-seven years ago today, Ahmed Hamroush woke up in a new Egypt. An overnight coup d'état led by Gamal Abdel Nasser and his Free Officers Movement against British colonialists meant that for the first time since the dynasties of the pharaohs, Egypt was to be governed by Egyptians. "Before the revolution we were a poor people living in a very miserable situation and suffering from imperialism and the occupation by British forces," said Mr Hamroush, a leader of the Free Officers Movement whom Nasser had personally entrusted with securing the coastal town of Alexandria where King Farouk, the British-backed Egyptian monarch, was residing at the time.

"Egypt changed. The people changed. The land changed. Everything changed in Egypt after the revolution." This morning, Mr Hamroush awoke to an Egypt that he said has changed yet again. It has become a place where change itself can seem nearly impossible, and where the patriotic dynamism that once energised Nasser's Free Officers has faded in the face of political gridlock and economic stagnation. "Everything has changed. I feel that sometimes I am a stranger in my country," said Mr Hamroush of the nation he helped liberate. "The society around me, the principles that were lost, the corruption - all of these things make me feel alone. They make me feel lonely, strange."

As Egypt's 1952 revolution moves from the realm of memory to the pages of history, some have been left wondering whether Egyptian leaders have been any more responsive to the Egyptian public than the colonial overlords they ousted. The pride and pageantry that once characterised this annual holiday have yielded to indifference and, in some cases, nostalgia, for a time when true democracy still seemed like a possibility.

"I don't think that, morally, [the government] has any right to celebrate the revolution," said Alaa Aswany, a prominent Egyptian author and outspoken critic of the Egyptian government. "I think that we have come very far from the concept of the revolution and the achievements of the revolution have been omitted by the Egyptian regime because the revolution was a change in the vision ... to a state for the poor people, for the marginalised people. That's exactly to the contrary of what is happening now."

The key to that failure, said Mr Aswany, is democracy, or rather, the lack of it. When he first came to power shortly after the revolution, Nasser promised Egyptians that he would give the nation back to its people. But the military never really left the executive offices. Egypt remains a state beholden to an army that is as horrified by opposition as it is enamoured by its own authority. And the vast majority of Egyptians have lived under no other system of governance. According to the CIA World Factbook, 95.2 per cent of Egyptians were born after 1945. For most of them, it is the sour economic opportunities that smart the most, and without a political voice or an avenue for change, many are frustrated and pessimistic.

"There is a lack of a national goal, like in the time of the revolution," said Mohammed Abdel Aziz, 23, a leader of the 6th of April Youth Movement, which has tried to organise a "Day of Anger" for the past two years to protest the Egyptian government's intransigence. "The widespread unemployment and lack of opportunity, the lack of justice and transparency - this created a situation of un-patriotism among youth and got us to this stage where, 57 years after the revolution, unfortunately, most of the youth in Egypt don't have a real patriotic sense about their country, much less about the revolution."

If it is the small space for democratic expression that angers so many Egyptians, it is the economic misfortune that gets them onto the streets. In the past five years, more than 1.5 million Egyptians have participated in labour strikes and protests across the country, according to a recent report by the Carnegie Endowment for International Peace. The number is particularly surprising given that the vast majority of Egyptian labourers are organised under official, government-controlled syndicates that rarely call for walkouts. The wildcat strikes represent a recent groundswell of popular anger that acts in direct opposition to the government.

Much of that anger has been directed at the recent policies of privatisation, fiscal austerity and trade openness that were first put in place nearly five years ago by Prime Minister Ahmed Nazif. It was those policies that attracted foreign investment and helped lift Egypt's rate of economic growth to seven per cent in 2007. But many Egyptians have yet to feel the effects of the reforms: about one-fifth live on less than US$1 (Dh3.67) per day, according to the United Nations.

Despite the continuing poverty, it is perhaps Egypt's poorest who remain most appreciative of the revolution and the era that followed. Before his death in 1970, Nasser had nationalised thousands of foreign and domestic firms, redistributed Egypt's rich farmland and offered social protections and free education to millions of poor fellahin, the legions of Egyptian farmers who lived under something like serfdom before the revolution.

"I'm planning to celebrate because the revolution transformed us. It was against the landowners, who were only five per cent of the population," said one 70 year-old-man, who was seated at a cafe yesterday in the middle-class Cairo neighbourhood of Agouza. Though the man refused to give his name because he feared government retribution, he went on to praise the legacy of the revolution and its rejection of foreign dominance. "It's not about democracy, it's about taking our rights. I reached the position of general manager in an Egyptian bank. You couldn't do that before the revolution."

And it is the feeling of identity - the hope of an Egypt governed by Egyptians - that continues to nurse any residual affection for July 23, even if some have forgotten. "Yeah, tomorrow is a holiday. What about it?" said one young passer-by in Agouza yesterday. After another man reminded him of the date's significance, he laughed. "I've forgotten! We've all forgotten! Go ask that guy sitting over there, he knows all about the revolution," the young man said pointing to a white-haired septuagenarian who was smoking a shisha pipe a few metres away.

mbradley@thenational.ae

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Results

6.30pm: Dubai Millennium Stakes Group Three US$200,000 (Turf) 2,000m; Winner: Ghaiyyath, William Buick (jockey), Charlie Appleby (trainer).

7.05pm: Handicap $135,000 (T) 1,600m; Winner: Cliffs Of Capri, Tadhg O’Shea, Jamie Osborne.

7.40pm: UAE Oaks Group Three $250,000 (Dirt) 1,900m; Winner: Down On Da Bayou, Mickael Barzalona, Salem bin Ghadayer.

8.15pm: Zabeel Mile Group Two $250,000 (T) 1,600m; Winner: Zakouski, James Doyle, Charlie Appleby.

8.50pm: Meydan Sprint Group Two $250,000 (T) 1,000m; Winner: Waady, Jim Crowley, Doug Watson.

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Gulf Under 19s final

Dubai College A 50-12 Dubai College B

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

The biog

Favourite book: Animal Farm by George Orwell

Favourite music: Classical

Hobbies: Reading and writing

 

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.

The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

The specs: 2018 BMW R nineT Scrambler

Price, base / as tested Dh57,000

Engine 1,170cc air/oil-cooled flat twin four-stroke engine

Transmission Six-speed gearbox

Power 110hp) @ 7,750rpm

Torque 116Nm @ 6,000rpm

Fuel economy, combined 5.3L / 100km

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

Barings Bank

 Barings, one of Britain’s oldest investment banks, was
founded in 1762 and operated for 233 years before it went bust after a trading
scandal. 

Barings Bank collapsed in February 1995 following colossal
losses caused by rogue trader Nick Lesson. 

Leeson gambled more than $1 billion in speculative trades,
wiping out the venerable merchant bank’s cash reserves.  

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Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

COMPANY PROFILE

Company: Bidzi

● Started: 2024

● Founders: Akshay Dosaj and Asif Rashid

● Based: Dubai, UAE

● Industry: M&A

● Funding size: Bootstrapped

● No of employees: Nine

The biog

First Job: Abu Dhabi Department of Petroleum in 1974  
Current role: Chairperson of Al Maskari Holding since 2008
Career high: Regularly cited on Forbes list of 100 most powerful Arab Businesswomen
Achievement: Helped establish Al Maskari Medical Centre in 1969 in Abu Dhabi’s Western Region
Future plan: Will now concentrate on her charitable work

Feeding the thousands for iftar

Six industrial scale vats of 500litres each are used to cook the kanji or broth 

Each vat contains kanji or porridge to feed 1,000 people

The rice porridge is poured into a 500ml plastic box

350 plastic tubs are placed in one container trolley

Each aluminium container trolley weighing 300kg is unloaded by a small crane fitted on a truck

The specs

Engine: 6.2-litre supercharged V8

Power: 712hp at 6,100rpm

Torque: 881Nm at 4,800rpm

Transmission: 8-speed auto

Fuel consumption: 19.6 l/100km

Price: Dh380,000

On sale: now 

APPLE IPAD MINI (A17 PRO)

Display: 21cm Liquid Retina Display, 2266 x 1488, 326ppi, 500 nits

Chip: Apple A17 Pro, 6-core CPU, 5-core GPU, 16-core Neural Engine

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Main camera: 12MP wide, f/1.8, digital zoom up to 5x, Smart HDR 4

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Price: From Dh2,099

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Match info

Uefa Nations League Group B:

England v Spain, Saturday, 11.45pm (UAE)

AndhaDhun

Director: Sriram Raghavan

Producer: Matchbox Pictures, Viacom18

Cast: Ayushmann Khurrana, Tabu, Radhika Apte, Anil Dhawan

Rating: 3.5/5

In numbers

Number of Chinese tourists coming to UAE in 2017 was... 1.3m

Alibaba’s new ‘Tech Town’  in Dubai is worth... $600m

China’s investment in the MIddle East in 2016 was... $29.5bn

The world’s most valuable start-up in 2018, TikTok, is valued at... $75bn

Boost to the UAE economy of 5G connectivity will be... $269bn 

How to help

Send “thenational” to the following numbers or call the hotline on: 0502955999
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How to join and use Abu Dhabi’s public libraries

• There are six libraries in Abu Dhabi emirate run by the Department of Culture and Tourism, including one in Al Ain and Al Dhafra.

• Libraries are free to visit and visitors can consult books, use online resources and study there. Most are open from 8am to 8pm on weekdays, closed on Fridays and have variable hours on Saturdays, except for Qasr Al Watan which is open from 10am to 8pm every day.

• In order to borrow books, visitors must join the service by providing a passport photograph, Emirates ID and a refundable deposit of Dh400. Members can borrow five books for three weeks, all of which are renewable up to two times online.

• If users do not wish to pay the fee, they can still use the library’s electronic resources for free by simply registering on the website. Once registered, a username and password is provided, allowing remote access.

• For more information visit the library network's website.

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HOSTS

T20 WORLD CUP 

2024: US and West Indies; 2026: India and Sri Lanka; 2028: Australia and New Zealand; 2030: England, Ireland and Scotland 

ODI WORLD CUP 

2027: South Africa, Zimbabwe and Namibia; 2031: India and
Bangladesh 

CHAMPIONS TROPHY 

2025: Pakistan; 2029: India  

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