Egypt's President Abdel Fattah al-Sisi Begins Third Term Amid Economic and Political Challenges
| Aspect | Details |
|---|---|
| President's Tenure | Abdel Fattah al-Sisi, 69, begins his third term, extending tenure until 2030. |
| Inaugural Pledge | Vows to prioritize national interests and aspires for a modern, democratic state. |
| Election Victory | Secured 89.6% of the vote in December election. |
| Opposition Dynamics | Critics highlight sidelining and imprisonment of opposition challengers. |
| Economic Crisis | Facing inflation and currency devaluation. |
| Infrastructure Projects | Inauguration coincides with the $58-billion New Administrative Capital. |
| Debt Concerns | Heavy debt burden from extensive infrastructure spending. |
| Financial Influx | Receives over $50 billion in loans and investments in Q1 2024. |
| Key Investments | UAE pledges $35-billion land development deal. |
| Multilateral Assistance | IMF, EU, and World Bank commit to additional financing. |