• About
  • Advertise
  • Privacy & Policy
  • Contact Us
Saturday, February 28, 2026
Dubai News TV
  • UAE
    • Abu Dhabi
    • Dubai
    • Ajman
  • REGION
    • Middle East
    • GCC
    • MENA
      • Syria
    • Asia
      • Afghanistan
      • Bangladesh
      • India
      • Iran
      • Israel
      • Pakistan
      • Sri Lanka
    • Africa
    • Europe
  • REAL ESTATE
  • Opinion
    • EDITOR’S CHOICE
    • The Big Read
    • Viewpoint
    • EXCLUSIVE
  • World
  • Business
    • Local Business
    • Markets
  • TECH
  • HEALTH
  • Horoscope
  • PR
  • Sports
No Result
View All Result
  • UAE
    • Abu Dhabi
    • Dubai
    • Ajman
  • REGION
    • Middle East
    • GCC
    • MENA
      • Syria
    • Asia
      • Afghanistan
      • Bangladesh
      • India
      • Iran
      • Israel
      • Pakistan
      • Sri Lanka
    • Africa
    • Europe
  • REAL ESTATE
  • Opinion
    • EDITOR’S CHOICE
    • The Big Read
    • Viewpoint
    • EXCLUSIVE
  • World
  • Business
    • Local Business
    • Markets
  • TECH
  • HEALTH
  • Horoscope
  • PR
  • Sports
No Result
View All Result
Dubai News
No Result
View All Result
  • Top News
  • UAE
  • Dubai
  • World
  • Business
  • GOLD/FOREX
  • REGION
  • REAL ESTATE
  • FEATURED
  • EDITOR’S CHOICE
  • ENVIRONMENT
  • Road To Financial Freedom
  • Health
  • Sports

Egypt’s economy will be its biggest challenge during el-Sisi’s third term

by News Desk
2 years ago
in Middle East, REGION, Top News
Egypt’s economy will be its biggest challenge during el-Sisi’s third term
Share on FacebookShare on TwitterShare on Whatsapp

How will the coming years unfold for Egyptians who are hoping that their standard of living will improve a bit?

Abdel Fattah el-Sisi returned as president of Egypt in the election held at the end of 2023, winning a third term with 89.6 percent of the votes in favour of the incumbent.

That el-Sisi was going to secure a victory in the December poll was never really in doubt, according to analysts and Egypt watchers.

Second-place candidate Hazem Omar, of the People’s Republican Party, only managed 4.05 percent of the vote, with the third-place candidate coming in with a similar figure. El-Sisi’s most serious challenger, former Member of Parliament Ahmed al-Tantawy, as well as chair of the Dostour Party, Gameela Ismail, both withdrew after failing to secure the endorsements needed to run.

Ismail withdrew due to what her supporters claimed was a divided opposition, and al-Tantawy because of what he said was the intimidation of his supporters. Egypt’s National Election Authority said al-Tantawy’s accusations were baseless.

“People chose President el-Sisi because of his experience in overcoming security challenges,” political analyst Gamal Abdel-Gawwad subsequently wrote in state-owned newspaper Al Ahram Weekly.

“After all, he was a former minister of defence and head of military intelligence.”

While victory may have been expected, addressing low voter turnout was a priority for el-Sisi.

In 2014, only 47.5 percent of the population turned out to vote, four years later, only 41.5 percent made it to the polling station, potentially undermining the impact of el-Sisi’s victories.

Likewise, other pro-regime parties, such as Homeland Defenders Party and the Republican People’s Party appear to have been embraced, being encouraged to wave the flag and get the vote out in the recent poll.

“The election was in some ways a test for whether the now-revamped political machine the regime has been building for years will be able to deliver what the Sisi regime couldn’t deliver in prior electoral contests on its own,” Hesham Sallam of Stanford University said in emailed comments about the increased turnout.

“Since the 2020 [legislative] election, Mustaqbal Watan has been stuck in this ‘political friend-zone’ with Sisi, where he is clearly relying on it as his primary political arm but will still not recognise it as his official ruling party.

“The hope is that this election was an opportunity for the party to prove that it is worthy of this recognition and that it should no longer be just an ‘acting ruling party’,” Sallam wrote, adding that Mustaqbal Watan would always have to comply with el-Sisi’s ambitions and style of rule.

“The regime-allied media went beyond the call of duty in propping up Hazem Omar’s image as a credible challenger and an alternative political voice, which has made observers speculate whether he is being groomed to play a bigger role in the regime’s political theatrics in the coming years,” he said.

Voter turnout

media reached out to Hazem Omar on the points raised by Sallam but has received no response by time of publication.

Electoral achievements notwithstanding, Egypt’s economy remains on life support. While the regime continues to plough on with mega projects, such as constructing a new capital, public debt continues to mount.

“These macroeconomic challenges have considerable repercussions for ordinary Egyptians, including increased poverty and unemployment. These socio-economic challenges will likely exacerbate in the coming year, especially in light of the anticipated further devaluation of the Egyptian pound,” he wrote.

New loans, such as the mooted injection of a further $5bn from Saudi Arabia and the United Arab Emirates into the central bank, as well as the potential expansion of the $3bn loan from the International Monetary Fund, were more a reflection of Egypt’s strategic significance – reaffirmed by the outbreak of war in Gaza –  rather than an undertaking on el-Sisi’s part to commit to any fresh policy direction, Islam suggested.

“A significant portion of any new loans will probably be allocated towards servicing Egypt’s substantial debts. The country is obligated to pay $29.2bn in external debt service in 2024, which underscores the critical role of new loans in meeting debt obligations,” he said.

“There was much speculation that Cairo might default on some of their international debt before too long,” Dr HA Hellyer, a nonresident scholar at Carnegie said, referring to the financial strains the country is experiencing, “but few expect that will result in much political change domestically.

“It’s also clear that, for much of the international community, Egypt is deeply important due to its population size and its geopolitical position, especially due to the situation in Gaza and Sudan. No one wants Egypt to fail, on the contrary.”

Share21Tweet13Send

Related Posts

Israel Launches Strikes on Hezbollah Targets in South Lebanon, Citing Ceasefire Breaches
Middle East

Israel Launches Strikes on Hezbollah Targets in South Lebanon, Citing Ceasefire Breaches

February 28, 2026
Tragedy Strikes Indian Camp: Rinku Singh Leaves T20 World Cup Squad After Father’s Demise
Sports

Tragedy Strikes Indian Camp: Rinku Singh Leaves T20 World Cup Squad After Father’s Demise

February 28, 2026
“Maula Mere Maula” Live: Bollywood Singer Roopkumar Rathod to Headline Intimate Dubai ‘Baithak’
Entertainment

“Maula Mere Maula” Live: Bollywood Singer Roopkumar Rathod to Headline Intimate Dubai ‘Baithak’

February 28, 2026
Gaza Ceasefire Crumbles Further as Israeli Strikes Kill at Least 5, Officials Say
Middle East

Gaza Ceasefire Crumbles Further as Israeli Strikes Kill at Least 5, Officials Say

February 27, 2026
TCL Sets New Standard for Immersive Sports Viewing with Cutting-Edge QD-Mini LED Technology
Sports

TCL Sets New Standard for Immersive Sports Viewing with Cutting-Edge QD-Mini LED Technology

February 27, 2026
Pakistan Declares ‘Open War’ on Afghanistan as Deadly Strikes Hit Kabul and Kandahar
Top News

Pakistan Declares ‘Open War’ on Afghanistan as Deadly Strikes Hit Kabul and Kandahar

February 27, 2026
Load More
  • Lebanon President Condemns ‘Blatant Aggression’ After Israeli Strikes Kill 12, Threatening Fragile Ceasefire

    Lebanon President Condemns ‘Blatant Aggression’ After Israeli Strikes Kill 12, Threatening Fragile Ceasefire

    55 shares
    Share 22 Tweet 14
  • 50,000 Palestinians Defy Restrictions to Pray at Al-Aqsa Mosque on First Ramadan Night

    55 shares
    Share 22 Tweet 14
  • Managing personal liquidity in 7 easy steps

    324 shares
    Share 130 Tweet 81
  • Dubai Office Market Hits 11-Year High with Dh13.1 Billion in Sales

    54 shares
    Share 22 Tweet 14
  • Rubio to Brief Netanyahu on US-Iran Talks Amid Military Build-Up in Region

    56 shares
    Share 22 Tweet 14
  • Pakistan Air Strikes in Afghanistan Kill Dozens, Including Children, Escalating Border Tensions

    54 shares
    Share 22 Tweet 14
  • Humbert Ousts Defending Champion Tsitsipas in Dubai First-Round Blockbuster

    54 shares
    Share 22 Tweet 14
  • South Africa Announce Themselves as T20 World Cup Favourites with Dominant 76-Run Demolition of India

    54 shares
    Share 22 Tweet 14
  • Gold Jewellery in UAE vs India: Where Should NRIs Buy? A Cost Comparison

    54 shares
    Share 22 Tweet 14
  • Eze Haunts Tottenham Again as Arsenal Thrash Spurs to Extend Premier League Lead

    54 shares
    Share 22 Tweet 14
United Arab Emirates Dirham Exchange Rate

About Dubai News TV

Dubai News is an English language news and current affairs digital TV channel established to provide round-the-clock news, information, and knowledge about local, regional, and international events. It covers a wide range of topics, including politics, business, technology, culture, and sports, ensuring viewers stay informed and engaged with the latest developments. The channel aims to deliver accurate, unbiased reporting and insightful analysis, catering to a diverse audience with a global perspective.

Categories

  • Abu Dhabi (43)
  • Afghanistan (32)
  • Africa (29)
  • Ajman (5)
  • Artificial Intelligence (4)
  • Asia (82)
  • Bangladesh (87)
  • Business and Economy (752)
  • Cricket (11)
  • Donald Trump (6)
  • Dubai (157)
  • EDITOR'S CHOICE (10)
  • Education (26)
  • Entertainment (1,934)
  • ENVIRONMENT (13)
  • Europe (91)
  • EXCLUSIVE (4)
  • FEATURED (40)
  • Featured Stories (38)
  • Global Business (2,240)
  • Gold & Forex (1)
  • Healthcare (9)
  • heath (10)
  • Horoscope (620)
  • Hospitality (1)
  • India (176)
  • International (8,571)
  • Iran (19)
  • Israel (16)
  • Israel-Palestine conflict (76)
  • Life Style (1)
  • Lifestyle (1,372)
    • Health (8)
  • Local Business (1,615)
  • Markets (11)
  • MENA (817)
  • Military & Defense (8)
  • News (11,376)
    • Business (2,146)
    • Politics (12)
    • World (8,615)
      • Games (2)
      • Travel (6)
  • Opinion (25)
  • Outreach Initiatives (1)
  • Pakistan (286)
  • Personal Finance (7)
  • Philippine (11)
  • Philippines (7)
  • PR (157)
  • REAL ESTATE (169)
  • REGION (4,215)
    • GCC (206)
    • Middle East (3,285)
  • Road To Financial Freedom (7)
  • Russia (28)
  • Russia-Ukraine war (73)
  • Saudi Arabia (15)
  • Sharjah (12)
  • South Asia (91)
  • Sports (1,215)
  • Sri Lanka (45)
  • Startup (7)
  • Syria (7)
  • Tech (497)
  • Technology (488)
  • The Big Read (6)
  • Top News (24,645)
  • turkey (9)
  • TV Shows (7)
  • UAE (6,837)
  • Uncategorized (10)
  • Video Posts (11)
  • Viewpoint (8)

Latest News

Your daily horoscope: February 28, 2026
Horoscope

Your daily horoscope: February 28, 2026

by Web Desk
February 28, 2026
0

IF TODAY IS YOUR BIRTHDAYAt some point over the coming year the fog that too often clouds your brain will...

Read moreDetails
Israel Launches Strikes on Hezbollah Targets in South Lebanon, Citing Ceasefire Breaches

Israel Launches Strikes on Hezbollah Targets in South Lebanon, Citing Ceasefire Breaches

February 28, 2026
Tragedy Strikes Indian Camp: Rinku Singh Leaves T20 World Cup Squad After Father’s Demise

Tragedy Strikes Indian Camp: Rinku Singh Leaves T20 World Cup Squad After Father’s Demise

February 28, 2026
  • About
  • Advertise
  • Privacy & Policy
  • Contact Us

© 2024 Dubai News TV - Powerd by Global Biz International.

No Result
View All Result
  • Top News
  • UAE
  • Dubai
  • World
  • Business
  • GOLD/FOREX
  • REGION
    • South Asia
      • Pakistan
      • India
    • GCC
    • Middle East
  • REAL ESTATE
  • FEATURED
    • Featured Stories
  • EDITOR’S CHOICE
    • The Big Read
    • Viewpoint
  • ENVIRONMENT
  • Road To Financial Freedom
  • Health
  • Sports

© 2024 Dubai News TV - Powerd by Global Biz International.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.