Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Egypt army chief Sisi says will run for president � report  Join our daily free Newsletter

MENAFN - Arab News - 07/02/2014
No. of Ratings : 0
Add to Mixx!


(MENAFN -Arab News) CAIRO: Egyptian army chief Field Marshal Abdel Fattah Al-Sisi, who deposed the country"s first freely elected leader, has said he will run for president, a Kuwaiti newspaper reported on Thursday.The widely expected move is almost certain to increase political tensions and anger Islamist militants who have stepped up attacks on the state since Sisi ousted Muslim Brotherhood leader Mohamed Mursi in July after mass protests against him.It will also deepen concerns that military men will again dominate Egypt after a 2011 popular uprising raised hopes of a civilian democracy.The newspaper, Al-Seyassah, quoted Sisi as saying in an interview that he had no alternative but to meet the wishes of the Egyptian people for him to run."I will not reject the demand," said Sisi, who is seen as a decisive figure that can ease political turmoil that has hit Egypt"s economy hard."I will present this to the Egyptian people to renew confidence through free voting."There was no official confirmation that Sisi will contest elections expected within six months.Mursi and his Muslim Brotherhood movement accuse Sisi of staging a coup and undermining democratic gains made since a popular uprising ousted autocrat Hosni Mubarak in 2011.After deposing Mursi, Sisi unveiled a political roadmap meant to lead to free and fair elections.But under his watch, security forces have mounted one of the fiercest crackdowns against the Brotherhood and stifled dissent, drawing fire from human rights groups.About 1,000 Brotherhood members have been killed in the streets top leaders have been jailed and the group has been declared a terrorist organization.The Brotherhood, which says it is a peaceful organization, has been largely driven underground. But it is resilient and is likely to keep challenging Sisi.Al Qaeda-inspired militant groups based in the Sinai have been waging an insurgency that has gained momentum since Sisi installed a government. Hundreds of security forces have been killed in the largely lawless peninsula.The militants have also struck elsewhere, including Cairo.Western diplomats say he had resisted running for president until recently, fearful that managing Egypt"s multitude of problems would be a daunting task.Saudi Arabia, the United Emirates and Kuwait, who are suspicious of the Brotherhood, showered Egypt with billions of dollars after Mursi"s fall.That aid has kept the economy afloat through political upheaval and street protests which scared away investors and tourists. But the government has yet to come up with a long-term plan to boost finances.Sisi has become deeply popular in Egypt. There are Sisi posters, T-shirts and even chocolate bars. He is portrayed as a savior on state and private television channels.But Sisi is aware that Egyptians, with the help of the army, ousted two presidents in three years. If he doesn"t deliver, mass protests could erupt again."We will not play with people"s dreams or tell them we have a magic wand," said Sisi in the interview with the Kuwaiti newspaper. "I will tell them let"s join hands and work together to build this country of 90 million

 


Arab News




  MENA News Headlines
 Mar 23 2017 - China's TBEA, Orascom win offer for Egypt power plantMENAFN
(MENAFN) China-based TBEA and the Egyptian Orascom have won the tenders for installing transformers' substations and civil works for the 650MW power plant.The Chinese firm will be awarded a deal ...

 Mar 23 2017 - Egypt, EU implement 35 projects at USD75.5mn valueMENAFN
(MENAFN) Egypt and the EU implemented almost 35 projects worth USD75.7mn for institutional twinning over the past 10 years.Additionally, the twinning project comes as part of the EU-led technical ...

 Mar 23 2017 - Saudi Binladin Group agree to USD1.1bn financing extensionMENAFN
(MENAFN) Saudi Binladin Group's creditors have confirmed to extend by two years an USD1.1bn Islamic credit facility to pay for building work at Grand Mosque in Mecca.However, one of the heavyweights ...

 Mar 23 2017 - Lebanon's industrial sector value drops by 16pctMENAFN
(MENAFN) The value of Lebanon's industrial sector declined almost 16 percent between 2011 and 2015 due to the economic slowdown.Accordingly, the value of the sector fell to USD8.8bn in 2015 after it ...

 Mar 23 2017 - Dubai's tourism sector posts 12pct increase in visitor numbersMENAFN
(MENAFN) Dubai's tourism sector recorded a 12 increase in visitor numbers over the first two months of this year, with more than 3mn people visiting the country.Among the cited period of the year, ...

 Mar 23 2017 - Qatar-Mannai confirms 40pct dividendMENAFN
(MENAFN) The general assembly meeting of Maanai Corporation has confirmed the board of directors' recommendation to distribute a cash dividend of 40 percent.Accordingly, over the last 10 years the ...

 Mar 23 2017 - Huawei Egypt to enhance regional market investmentsMENAFN
(MENAFN) Huawei Egypt for Telecoms and Info Tech will increase its investments in the Egyptian market, according to its plan proclaimed by the CEO of Huawei Egypt.Accordingly, the country welcomes ...

 Mar 23 2017 - China-led AIIB approves 13 new membersAsia Times
(MENAFN - Asia Times) The China-backed Asian Infrastructure Investment Bank (AIIB) said on Thursday it has approved 13 new applicants to join the bank, including Canada, a major ally of the United ...

 Mar 22 2017 - UAE- National Commission on International Humanitarian Law highlights its role, support of Minister of Foreign Affairs, International Co-operationEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) ABU DHABI, 22nd March, 2017 (WAM) -- Abdul Rahim Yousuf Al Awadhi, Assistant Foreign Minister for Legal Affairs, and Head of UAE National Commission on ...

 Mar 22 2017 - Dubai Silicon Oasis opens electric vehicle charging stations for free public useEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) DUBAI, 22nd March, 2017 (WAM) -- Dubai Silicon Oasis Authority, DSOA, the regulatory body for Dubai Silicon Oasis, DSO, the integrated free zone technology ...

more...


 





Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Search News
Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help