Mubarak takes hard line on Islamist groups seen as a threat to stability



CAIRO // Egypt's president said yesterday his security forces would quash Islamist groups threatening stability in Egypt and the region, highlighting worries about al Qa'eda building up strength in places such as Yemen. Hosni Mubarak also defended building a barrier on the Gaza border, saying it would stop the passage of militants there. The move has drawn criticism from inside Egypt and other Arabs who say Cairo is colluding with Israel to blockade the Palestinians.

Egyptian security personnel have made a series of arrests in recent months of suspected members of outlawed Islamist groups, raising concerns about a resurgence of militancy in a country that fought an Islamist rebellion the 1990s. "We live in a difficult region and a world fraught with tension - witnessing an expansion of instability across the world from Afghanistan to Pakistan and in Iran and Iraq and Yemen and Somalia and Sudan," Mr Mubarak said in a speech marking Police Day.

He said the security forces would "continue fiercely confronting the terrorism and extremism - for the security of the nation and citizens". The rise of militants linked to al Qa'eda in countries like Yemen and Somalia has prompted analysts to shine a spotlight on Egypt, the home of al Qa'eda's No 2, Ayman Zawahri, and other leading Islamist thinkers over the decades. Mr Mubarak, speaking live on television, said there was a "widening circle of Salafi ideology and groups and their false claims to declare people as infidels and to terrorise innocent people and disturb social stability of the nation". He did not name any groups, but one group associated with an interpretation of Salafi teaching and calling itself Takfir wa Hijra kidnapped and killed the Egyptian minister of religious endowments in 1977. The leader was later hanged.

Osama bin Laden claimed responsibility for the failed bombing of a US-bound plane on December 25 in an audiotape that Al Jazeera television said yesterday was of the al Qa'eda leader. Analysts said his message was aimed to show the group was still operational and to win Arab support. On the Gaza barrier, Mr Mubarak said: "We have started construction along our borders not to appease anyone but to protect our nation from terrorist plots like the ones that took place in Taba, Sharm el Sheikh, Dahab and Cairo."

Mr Mubarak was referring to bombings in tourism centres, such as the deadly attacks on the resort of Sharm el Sheikh in 2006. "The works and reinforcements on our eastern border are a matter of Egyptian sovereignty. We do not accept a debate on the issue with anyone," Mr Mubarak said. "It is the right of the Egyptian state, and even its duty, its responsibility. It is the right of every state to control and protect its borders."

Egypt has also been more vocal in its pressure on Hamas, which it accuses of refusing a reconciliation agreement with the Palestinian Authority. Israel has sealed the Gaza Strip off to all but very limited supplies of basic goods ever since the group seized control in 2007, ousting forces loyal to the western-backed Palestinian president, Mahmoud Abbas. On January 6, an Egyptian policeman was killed and five people wounded during clashes on the Egypt-Gaza border after Palestinian demonstrations to protest against the construction of the barrier.

The president also said his government would not tolerate sectarian violence, after six Christians and a Muslim police officer were gunned down on January 6 - the Coptic Christmas eve - in a drive-by shooting in the mainly Muslim country. Mr Mubarak said those with "foreign agendas" were seeking to encourage sectarian unrest but did not mention names. Egyptian prosecutors charged 26 men in 2009 of links to Lebanon's Hizbollah and of planning attacks in Egypt.

* Reuters, with additional reporting by Agence France-Presse

INDIA V SOUTH AFRICA

First Test: October 2-6, at Visakhapatnam

Second Test: October 10-14, at Maharashtra

Third Test: October 19-23, at Ranchi

The Two Popes

Director: Fernando Meirelles

Stars: Anthony Hopkins, Jonathan Pryce 

Four out of five stars

‘White Elephant’

Director: Jesse V Johnson
Stars: Michael Rooker, Bruce Willis, John Malkovich, Olga Kurylenko
Rating: 3/5

The story of Edge

Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, established Edge in 2019.

It brought together 25 state-owned and independent companies specialising in weapons systems, cyber protection and electronic warfare.

Edge has an annual revenue of $5 billion and employs more than 12,000 people.

Some of the companies include Nimr, a maker of armoured vehicles, Caracal, which manufactures guns and ammunitions company, Lahab

 

ULTRA PROCESSED FOODS

- Carbonated drinks, sweet or savoury packaged snacks, confectionery, mass-produced packaged breads and buns 

- margarines and spreads; cookies, biscuits, pastries, cakes, and cake mixes, breakfast cereals, cereal and energy bars;

- energy drinks, milk drinks, fruit yoghurts and fruit drinks, cocoa drinks, meat and chicken extracts and instant sauces

- infant formulas and follow-on milks, health and slimming products such as powdered or fortified meal and dish substitutes,

- many ready-to-heat products including pre-prepared pies and pasta and pizza dishes, poultry and fish nuggets and sticks, sausages, burgers, hot dogs, and other reconstituted meat products, powdered and packaged instant soups, noodles and desserts.

Herc's Adventures

Developer: Big Ape Productions
Publisher: LucasArts
Console: PlayStation 1 & 5, Sega Saturn
Rating: 4/5

Match info

Uefa Champions League Group F

Manchester City v Hoffenheim, midnight (Wednesday, UAE)

COMPANY PROFILE

Name: SmartCrowd
Started: 2018
Founder: Siddiq Farid and Musfique Ahmed
Based: Dubai
Sector: FinTech / PropTech
Initial investment: $650,000
Current number of staff: 35
Investment stage: Series A
Investors: Various institutional investors and notable angel investors (500 MENA, Shurooq, Mada, Seedstar, Tricap)

FIXTURES

All times UAE (+4 GMT)

Saturday
Fiorentina v Torino (8pm)
Hellas Verona v Roma (10.45pm)

Sunday
Parma v Napoli (2.30pm)
Genoa v Crotone (5pm)
Sassuolo v Cagliari (8pm)
Juventus v Sampdoria (10.45pm)

Monday
AC Milan v Bologna (10.45om)

Playing September 30

Benevento v Inter Milan (8pm)
Udinese v Spezia (8pm)
Lazio v Atalanta (10.45pm)

PROFILE OF SWVL

Started: April 2017

Founders: Mostafa Kandil, Ahmed Sabbah and Mahmoud Nouh

Based: Cairo, Egypt

Sector: transport

Size: 450+ employees

Investment: approximately $80 million

Investors include: Dubai’s Beco Capital, US’s Endeavor Catalyst, China’s MSA, Egypt’s Sawari Ventures, Sweden’s Vostok New Ventures, Property Finder CEO Michael Lahyani

Why your domicile status is important

Your UK residence status is assessed using the statutory residence test. While your residence status – ie where you live - is assessed every year, your domicile status is assessed over your lifetime.

Your domicile of origin generally comes from your parents and if your parents were not married, then it is decided by your father. Your domicile is generally the country your father considered his permanent home when you were born. 

UK residents who have their permanent home ("domicile") outside the UK may not have to pay UK tax on foreign income. For example, they do not pay tax on foreign income or gains if they are less than £2,000 in the tax year and do not transfer that gain to a UK bank account.

A UK-domiciled person, however, is liable for UK tax on their worldwide income and gains when they are resident in the UK.

Company Profile

Name: Direct Debit System
Started: Sept 2017
Based: UAE with a subsidiary in the UK
Industry: FinTech
Funding: Undisclosed
Investors: Elaine Jones
Number of employees: 8

Company Profile 

Founder: Omar Onsi

Launched: 2018

Employees: 35

Financing stage: Seed round ($12 million)

Investors: B&Y, Phoenician Funds, M1 Group, Shorooq Partners

David Haye record

Total fights: 32
Wins: 28
Wins by KO: 26
Losses: 4

COMPANY PROFILE

Company name: Almouneer
Started: 2017
Founders: Dr Noha Khater and Rania Kadry
Based: Egypt
Number of staff: 120
Investment: Bootstrapped, with support from Insead and Egyptian government, seed round of
$3.6 million led by Global Ventures

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. 

UAE tour of the Netherlands

UAE squad: Rohan Mustafa (captain), Shaiman Anwar, Ghulam Shabber, Mohammed Qasim, Rameez Shahzad, Mohammed Usman, Adnan Mufti, Chirag Suri, Ahmed Raza, Imran Haider, Mohammed Naveed, Amjad Javed, Zahoor Khan, Qadeer Ahmed
Fixtures:
Monday, 1st 50-over match
Wednesday, 2nd 50-over match
Thursday, 3rd 50-over match

AGL AWARDS

Golden Ball - best Emirati player: Khalfan Mubarak (Al Jazira)
Golden Ball - best foreign player: Igor Coronado (Sharjah)
Golden Glove - best goalkeeper: Adel Al Hosani (Sharjah)
Best Coach - the leader: Abdulaziz Al Anbari (Sharjah)
Fans' Player of the Year: Driss Fetouhi (Dibba)
Golden Boy - best young player: Ali Saleh (Al Wasl)
Best Fans of the Year: Sharjah
Goal of the Year: Michael Ortega (Baniyas)