Former Field Marshal Abdel Fattah Saeed El-Sisi was sworn into office as the 6th President of Egypt on 8 June 2014, having earlier that year resigned from his post as the Commander-in-Chief of the Egyptian Armed Forces. As a civilian, and as Deputy Prime Minister, Sisi won the presidential elections held in May 2014.
Post-Arab Spring: Former Field Marshal Abdel Fattah Saeed El-Sisi removed Egyptβs first democratically elected president (Mohamed Morsi (d. 2019)) from power in 2013 in response to street protests against the Muslim Brotherhood-led government. Outbreaks of violence ensued across Egypt that included the death of many hundreds of protesters at the hands of pro-military police at the Rabaβa Al-Adawiya Square in Cairo. Sisi then ran for office himself and was sworn into office as President of Egypt on 8 June 2014.
Presidential Elections: Sisi secured a third six-year term, winning 89.6% of the vote in the December 2023 election. This victory extends Sisβs presidency until 2030, after which he is constitutionally barred from running again. HeΒ faced minimal competition from three low-profile candidates with the runner-up receiving only 4.5% of the votes. The election was marked by controversy, as leading opposition candidate Ahmed Tantawy withdrew months before the poll, citing intimidation and violence against his campaign. Key issues in the election included Egyptβs struggling economy and the ongoing conflict in Gaza.Β
Challenges: With inflation running at 26%, the currency devalued (1 US dollar is 48 Egyptian pounds compared to 7 pounds when Sisi first came to power) and a huge international debt, economic hardship has been felt by most of the population. Human rights organizations estimate that the number of political prisoners in Egypt ranges between 65,000 to 70,000.
Mega Projects: The countryβs economic hardships have not stopped several mega projects, including the New Administrative Capital, which is in its first phase and has cost over $45 billion, a new βsummer capitalβ on the north coast, a nuclear power plant, and a sustainable city in the Nile delta, amongst others. However, critics argue that these initiatives have depleted the countryβs economic resources and led to unprecedented levels of debt, severely impacting the economy.Β
Gaza: The Rafah Border Crossing is the only crossing point between Egypt and the Gaza Strip and it is heavily guarded as Egypt fears mass displacement of Palestinians from Gaza into Sinai. Egypt, along with Jordan and Qatar, is mediating ceasefire talks between Israel and Hamas. The war has severely affected Egyptβs economy, reducing tourism, Suez Canal revenues, and natural gas exports, but it has received major financial support from the UAE, EU and the IMF.