Egypt’s President Abdel Fattah al-Sisi was sworn in Today before parliament for his third term in office, solidifying his position as the head of the Arab world’s most populous nation. With a resounding victory in the December elections, securing 89.6 percent of the vote against three relatively unknown candidates, Sisi is slated to remain in power until 2030.
This six-year term is expected to be the final one for the 69-year-old leader unless further constitutional amendments are made to extend his tenure. The inauguration ceremony coincided with the establishment of Egypt’s New Administrative Capital, situated in the desert east of Cairo, as reported by local media.
Sisi ascended to power following widespread protests against Islamist President Mohammed Morsi in 2013, subsequently winning the presidential elections in 2014 and 2018, each time with overwhelming support of around 97 percent of the vote.
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Despite facing significant economic challenges over the past two years, including a sharp devaluation of the currency and soaring inflation reaching a record 40 percent in the previous year, Egypt received a much-needed boost in the first quarter of 2024. The country welcomed an influx of over $50 billion in loans and investment deals, which Cairo believes will alleviate critical foreign currency shortages and breathe new life into the economy.
President Sisi’s tenure has been marked by both domestic and international scrutiny, with ongoing debates surrounding issues of governance, human rights, and economic stability. As Egypt moves forward into this new term, all eyes will be on the government’s efforts to address these pressing concerns while navigating the challenges and opportunities that lie ahead.
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