Abdel Fattah El-Sisi exploited the capabilities of the army to compete with producers of food commodities, livestock, birds, shrimp farms and fish, instead of his original job of guarding the borders. For the first time in history, a dictator sneaks surreptitiously into the Egyptian psyche, rearranging its priorities according to his disturbing dreams, tampering with feelings, and mixing feelings. And it unleashes energies of indifference to the homeland, which comes out into the open in a dark scene in the form of incredible behaviors who knew Egypt before the June 30, 2013 coup that it was really the mother of the world.
A strange world of indecency, fraud, and fraud created by the thug’s vision of power, in whose shadow the thieves of the National Party “Egypt’s Future Party” and the rich and corrupt rushed to spread everywhere under the general’s protection in an attempt to plunder the capabilities of the Egyptian people.
What did the army do?
It is certain that the army’s dominance of more than 60% of Egypt’s economy, according to unofficial local and international reports, was not the result of the moment, as it took 63 years of rule that was directly administered by the military, through presidents belonging to the army since independence in 1952, They are Muhammad Naguib, the tyrant Abdel Nasser, Sadat, the ousted Mubarak, and then the butcher al-Sisi. The only exception was the martyr Dr. Muhammad Morsi, the first civilian president after the January 25 revolution in 2011. The military endured him for only one year and then turned against him.
During the era of the butcher Sisi, the army expanded economically, increasing its ownership of petrol stations, bakeries, consumer complexes and pastry factories, and obtained concessions to build roads and build bridges. The more the army’s business expanded, the people’s suffering worsened, increasing the poverty rate to 26%, unemployment to 13.3%, and all indicators of the economy deteriorating.
And there has become a perplexing question on the lips of all Egyptians… What did the army’s business offer solutions to the living problems of the poor in Egypt, including unemployment, power cuts, lack of butane and fuel, and the high prices of all basic and luxury goods?
poverty and destitution
For his part, political researcher and political researcher Abbas Kabbari says, “The shuttle moves to establish the administrative capital, despite what Egypt suffers from (poverty and destitution), as the coup leader always repeats, actually heralds a new state, but it is a private state that represents the project of the complete military state that rules and (owns).” .
Kabbari added, “The Administrative Capital is a project named according to the decision to establish it in the Official Gazette (the Administrative Capital and Sheikh Mohammed bin Zayed Al-Omrani Compound), and the main street connecting it with the old capital Cairo is called Sheikh Mohammed bin Zayed Street.”
He also pointed out, “The land of the new capital is owned by the armed forces, and I contributed to it as a share in a joint stock company in the name of the capital, and the transfer of state ministries and offices to the capital is conditional on the capital’s company seizing the headquarters of the ministries in Cairo and the governorates in a large business between the armed forces, and countries in the region that own shares in ( our new capital).
He pointed out that “that business does not benefit the state except in the government district, which represents one in 300, its area is 550 acres out of 185 thousand acres, which is the total area of the capital, and the rest is an open investment managed by the capital company and is not included in the state budget in any chapter.”
The Egyptian activist and researcher said that “the administrative capital comes along the lines of the Green Zone established by the occupier to preserve its men in control of the reins of power.”
He concluded his speech by saying: “Indeed, it is a new state established by the military on the ruins of an old state called Egypt, in which the citizens will be mere subjects whose affairs are managed from a fortified capital with high walls that they will not be able to pass in front of, as well as to enter it to fulfill their interests.”
Earlier, the military had put some army companies of a civilian economic nature for sale on the stock exchange, and the economist Abdel Hafez El-Sawy believes that Sisi’s announcement of listing the armed forces companies on the Egyptian Stock Exchange comes within the framework of a defensive tone aimed at absorbing the rising anger locally and internationally about the Egyptian army’s expansion of control On the Egyptian economy, and the absence of transparency and proper management rules in army companies.
Al-Sawy said that “Sisi wanted to push back all these criticisms with one stone, which is the announcement of the army companies’ listing on the stock exchange,” ruling out that this happened because Sisi did not issue a decision to start the offering process, and did not assign an authority or institution to start preparing and preparing for that.
He added: “If Sisi is honest and puts a share of the army companies on the Egyptian Stock Exchange, whatever their percentage is, it will be just a formality, and the army will force public funds and investment funds affiliated with government agencies to buy shares of military companies to miss the opportunity to own the shares of army companies on individual investors, whether they are Egyptians. or foreigners.
And he continued, “If the offering process takes place hypothetically, it is expected that it will be managed in some way (behind a curtain) to show that it is going in a correct and logical manner.” At the same time, it is likely that the bulk of the information related to the offering process or the sale of shares on the stock exchange will be blocked if it is implemented. Sisi is what he said.
Source: بوابة الحرية والعدالة by fj-p.com.
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