Ayman Nour submitted candidacy papers for last year's presidential elections, just seven years after becoming the first politician to run against former president Hosni Mubarak.
Ayman Nour submitted candidacy papers for last year's presidential elections, just seven years after becoming the first politician to run against former president Hosni Mubarak.
Ayman Nour submitted candidacy papers for last year's presidential elections, just seven years after becoming the first politician to run against former president Hosni Mubarak.
Ayman Nour submitted candidacy papers for last year's presidential elections, just seven years after becoming the first politician to run against former president Hosni Mubarak.

Egyptian politics ‘like a dialogue between deaf people’, says Ayman Nour


  • English
  • Arabic

CAIRO // A huge painting in the living room of Ayman Nour goes to the heart of why he is one of the more intriguing and controversial politicians in Egypt today.

The 3.5-metre tableau shows groups of famous liberal politicians from the past 100 years, many of them now deceased, standing in front of Egypt's parliament building. It features Saad Zaghloul, the founder of the Al Wafd Party and a former prime minister, and Fuad Serag Eddin, another veteran Wafd politician.

In the centre is Mr Nour leaning close and whispering to Fathi Sorour, one of Hosni Mubarak's closest aides and the very man that revoked Mr Nour's parliamentary immunity in 2005 so that he could be jailed.

"I kept it because it shows history," Mr Nour, 48, said during an interview on Thursday. "I may not agree with some of the characters in it, but it helps me to remember what has happened in my life, the ups and downs. Sometimes it helps me see things clearer."

Lately, Mr Nour has been in one of the down periods. He has been accused by liberal media and political groups as being a Muslim Brotherhood sympathiser and a fair-weather politician on the hunt for greater power, no matter how he achieves it.

The most polarising example of what his opponents describe as his chameleon nature was his hosting of a secret dinner at his penthouse apartment this month on the tiny island of Zamalek with Khairat Al Shater, the deputy head of the Muslim Brotherhood, and Amr Moussa, a liberal opposition leader and former foreign minister of Egypt.

The meeting was controversial because the National Salvation Front, an umbrella group of political parties that oppose President Mohammed Morsi and his Islamist supporters, has refused meetings with the Brotherhood and officials until the government meets demands for a new unity government, amendments to the constitution and more political openness.

When media reports of the meeting emerged, Mr Moussa lashed out at Mr Nour as the source of the leak.

Mr Nour was also among the politicians embroiled in a diplomatic incident over a hydroelectric dam being built by Ethiopia that Egypt fears will reduce the flow of the Nile. During a meeting that was inadvertently broadcast on Egyptian television, he called for Egypt to leak plans for a military strike on Ethiopia to pressure Addis Ababa to scale the project back.

Nonplussed in his trademark outfit - all black save for a white seersucker jacket, Cohiba cigar and rectangular glasses - Mr Nour described the accusations against him as part of a conspiracy wrought by remnants the Mubarak regime.

"They say I am a Muslim Brotherhood supporter, but I criticise the president all the time," he said. "There is a group of people who were servants of the old regime who still want to take revenge on me. What is being written about me is not just lies, but terrible, awful contradictions to the truth."

Mr Nour is no stranger to Egyptian politics. The son and grandson of Egyptian parliamentarians, he entered politics in the early 1990s with the New Wafd Party. He broke away in 2001 to create Al Ghad Party, or Tomorrow Party. But his true entry into the limelight came in 2005 when he became the first person to run against Mubarak in presidential elections.

He placed a distant second, winning just 7 per cent of the vote in elections widely believed to have been fixed by the Mubarak regime, but what came next assured his place in Egypt's troubled history with democracy. Soon after Mr Nour's defeat, Mubarak's government accused him of forging signatures on election documents. He was convicted and sentenced to five years in prison, losing control of the Al Ghad party in the process.

He spent two years in prison, securing a medical release because of his diabetes, but when he came home to his Zamalek apartment he was confronted with the same huge painting in his living room. There he was talking to Mr Sorour, the man who helped send him to prison.

Expecting to feel anger, he instead found himself "cleansed of hate" by his prison experience, Mr Nour said.

"The crisis of prison made it possible for me to see things better and not hold onto negative things."

He applies the same lesson to Egypt's latest problems. When listening to Mr Morsi's speech on Wednesday night, he felt that the president "was full of anger and unforgiveness".

The whole country was wracked by this kind of debilitating emotional turbulence, he said.

"The January 25th revolution was a beautiful dream, but now it has turned into a nightmare," he said. "The most disturbing thing is everyone has become more extreme and more willing to break the law. The rhetoric is filled with insults. Even families are split. It's like a dialogue between deaf people."

Eight months after Mubarak's resignation, Mr Nour appeared on course to finally take a greater role in Egyptian politics with a new party, Al Ghad Al Thawra, but the group only won two of the 498 seats in the new parliament because many liberals were suspicious of his associations with Brotherhood figures.

Nonetheless, Mr Nour remains a frequent commentator in the media, sometimes for controversy but also for his pithy predictions.

A month before the 2011 uprising, Mr Nour remembers saying that "Egypt was pregnant in its eighth month" and that the baby would be a "revolution".

On Thursday afternoon, before the mass protests scheduled for tomorrow, he said that "Egypt has a false pregnancy and its possible that it will lead to the death of the mother and the child".

bhope@thenational.ae

AWARDS
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57%20Seconds
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Tips on buying property during a pandemic

Islay Robinson, group chief executive of mortgage broker Enness Global, offers his advice on buying property in today's market.

While many have been quick to call a market collapse, this simply isn’t what we’re seeing on the ground. Many pockets of the global property market, including London and the UAE, continue to be compelling locations to invest in real estate.

While an air of uncertainty remains, the outlook is far better than anyone could have predicted. However, it is still important to consider the wider threat posed by Covid-19 when buying bricks and mortar. 

Anything with outside space, gardens and private entrances is a must and these property features will see your investment keep its value should the pandemic drag on. In contrast, flats and particularly high-rise developments are falling in popularity and investors should avoid them at all costs.

Attractive investment property can be hard to find amid strong demand and heightened buyer activity. When you do find one, be prepared to move hard and fast to secure it. If you have your finances in order, this shouldn’t be an issue.

Lenders continue to lend and rates remain at an all-time low, so utilise this. There is no point in tying up cash when you can keep this liquidity to maximise other opportunities. 

Keep your head and, as always when investing, take the long-term view. External factors such as coronavirus or Brexit will present challenges in the short-term, but the long-term outlook remains strong. 

Finally, keep an eye on your currency. Whenever currency fluctuations favour foreign buyers, you can bet that demand will increase, as they act to secure what is essentially a discounted property.

Other workplace saving schemes
  • The UAE government announced a retirement savings plan for private and free zone sector employees in 2023.
  • Dubai’s savings retirement scheme for foreign employees working in the emirate’s government and public sector came into effect in 2022.
  • National Bonds unveiled a Golden Pension Scheme in 2022 to help private-sector foreign employees with their financial planning.
  • In April 2021, Hayah Insurance unveiled a workplace savings plan to help UAE employees save for their retirement.
  • Lunate, an Abu Dhabi-based investment manager, has launched a fund that will allow UAE private companies to offer employees investment returns on end-of-service benefits.
Major honours

ARSENAL

  • FA Cup - 2005

BARCELONA

  • La Liga - 2013
  • Copa del Rey - 2012
  • Fifa Club World Cup - 2011

CHELSEA

  • Premier League - 2015, 2017
  • FA Cup - 2018
  • League Cup - 2015

SPAIN

  • World Cup - 2010
  • European Championship - 2008, 2012
Retirement funds heavily invested in equities at a risky time

Pension funds in growing economies in Asia, Latin America and the Middle East have a sharply higher percentage of assets parked in stocks, just at a time when trade tensions threaten to derail markets.

Retirement money managers in 14 geographies now allocate 40 per cent of their assets to equities, an 8 percentage-point climb over the past five years, according to a Mercer survey released last week that canvassed government, corporate and mandatory pension funds with almost $5 trillion in assets under management. That compares with about 25 per cent for pension funds in Europe.

The escalating trade spat between the US and China has heightened fears that stocks are ripe for a downturn. With tensions mounting and outcomes driven more by politics than economics, the S&P 500 Index will be on course for a “full-scale bear market” without Federal Reserve interest-rate cuts, Citigroup’s global macro strategy team said earlier this week.

The increased allocation to equities by growth-market pension funds has come at the expense of fixed-income investments, which declined 11 percentage points over the five years, according to the survey.

Hong Kong funds have the highest exposure to equities at 66 per cent, although that’s been relatively stable over the period. Japan’s equity allocation jumped 13 percentage points while South Korea’s increased 8 percentage points.

The money managers are also directing a higher portion of their funds to assets outside of their home countries. On average, foreign stocks now account for 49 per cent of respondents’ equity investments, 4 percentage points higher than five years ago, while foreign fixed-income exposure climbed 7 percentage points to 23 per cent. Funds in Japan, South Korea, Malaysia and Taiwan are among those seeking greater diversification in stocks and fixed income.

• Bloomberg

DEADPOOL & WOLVERINE

Starring: Ryan Reynolds, Hugh Jackman, Emma Corrin

Director: Shawn Levy

Rating: 3/5

Which honey takes your fancy?

Al Ghaf Honey

The Al Ghaf tree is a local desert tree which bears the harsh summers with drought and high temperatures. From the rich flowers, bees that pollinate this tree can produce delicious red colour honey in June and July each year

Sidr Honey

The Sidr tree is an evergreen tree with long and strong forked branches. The blossom from this tree is called Yabyab, which provides rich food for bees to produce honey in October and November. This honey is the most expensive, but tastiest

Samar Honey

The Samar tree trunk, leaves and blossom contains Barm which is the secret of healing. You can enjoy the best types of honey from this tree every year in May and June. It is an historical witness to the life of the Emirati nation which represents the harsh desert and mountain environments

Sole survivors
  • Cecelia Crocker was on board Northwest Airlines Flight 255 in 1987 when it crashed in Detroit, killing 154 people, including her parents and brother. The plane had hit a light pole on take off
  • George Lamson Jr, from Minnesota, was on a Galaxy Airlines flight that crashed in Reno in 1985, killing 68 people. His entire seat was launched out of the plane
  • Bahia Bakari, then 12, survived when a Yemenia Airways flight crashed near the Comoros in 2009, killing 152. She was found clinging to wreckage after floating in the ocean for 13 hours.
  • Jim Polehinke was the co-pilot and sole survivor of a 2006 Comair flight that crashed in Lexington, Kentucky, killing 49.
UAE currency: the story behind the money in your pockets
RUGBY CHAMPIONSHIP FIXTURES

September 30
South Africa v Australia
Argentina v New Zealand

October 7
South Africa v New Zealand
Argentina v Australia

While you're here
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
What is blockchain?

Blockchain is a form of distributed ledger technology, a digital system in which data is recorded across multiple places at the same time. Unlike traditional databases, DLTs have no central administrator or centralised data storage. They are transparent because the data is visible and, because they are automatically replicated and impossible to be tampered with, they are secure.

The main difference between blockchain and other forms of DLT is the way data is stored as ‘blocks’ – new transactions are added to the existing ‘chain’ of past transactions, hence the name ‘blockchain’. It is impossible to delete or modify information on the chain due to the replication of blocks across various locations.

Blockchain is mostly associated with cryptocurrency Bitcoin. Due to the inability to tamper with transactions, advocates say this makes the currency more secure and safer than traditional systems. It is maintained by a network of people referred to as ‘miners’, who receive rewards for solving complex mathematical equations that enable transactions to go through.

However, one of the major problems that has come to light has been the presence of illicit material buried in the Bitcoin blockchain, linking it to the dark web.

Other blockchain platforms can offer things like smart contracts, which are automatically implemented when specific conditions from all interested parties are reached, cutting the time involved and the risk of mistakes. Another use could be storing medical records, as patients can be confident their information cannot be changed. The technology can also be used in supply chains, voting and has the potential to used for storing property records.

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.

Part three: an affection for classic cars lives on

Read part two: how climate change drove the race for an alternative 

Read part one: how cars came to the UAE

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%3Cp%3EDavid%20White%20might%20be%20new%20to%20the%20country%2C%20but%20he%20has%20clearly%20already%20built%20up%20an%20affinity%20with%20the%20place.%3Cbr%3E%3Cbr%3EAfter%20the%20UAE%20shocked%20Pakistan%20in%20the%20semi-final%20of%20the%20Under%2019%20Asia%20Cup%20last%20month%2C%20White%20was%20hugged%20on%20the%20field%20by%20Aayan%20Khan%2C%20the%20team%E2%80%99s%20captain.%3Cbr%3E%3Cbr%3EWhite%20suggests%20that%20was%20more%20a%20sign%20of%20Aayan%E2%80%99s%20amiability%20than%20anything%20else.%20But%20he%20believes%20the%20young%20all-rounder%2C%20who%20was%20part%20of%20the%20winning%20Gulf%20Giants%20team%20last%20year%2C%20is%20just%20the%20sort%20of%20player%20the%20country%20should%20be%20seeking%20to%20produce%20via%20the%20ILT20.%3Cbr%3E%3Cbr%3E%E2%80%9CHe%20is%20a%20delightful%20young%20man%2C%E2%80%9D%20White%20said.%20%E2%80%9CHe%20played%20in%20the%20competition%20last%20year%20at%2017%2C%20and%20look%20at%20his%20development%20from%20there%20till%20now%2C%20and%20where%20he%20is%20representing%20the%20UAE.%3Cbr%3E%3Cbr%3E%E2%80%9CHe%20was%20influential%20in%20the%20U19%20team%20which%20beat%20Pakistan.%20He%20is%20the%20perfect%20example%20of%20what%20we%20are%20all%20trying%20to%20achieve%20here.%3Cbr%3E%3Cbr%3E%E2%80%9CIt%20is%20about%20the%20development%20of%20players%20who%20are%20going%20to%20represent%20the%20UAE%20and%20go%20on%20to%20help%20make%20UAE%20a%20force%20in%20world%20cricket.%E2%80%9D%C2%A0%3C%2Fp%3E%0A
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 

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The Birkin bag is made by Hermès. 
It is named after actress and singer Jane Birkin
Noone from Hermès will go on record to say how much a new Birkin costs, how long one would have to wait to get one, and how many bags are actually made each year.