At Egypt's helm, a soldier unwilling to give up his command



Despite elections, Egypt’s military leader still holds the country in a grip of iron. Is General Tantawi paving the road to democracy or standing in its path? James Langton profiles a soldier who seems reluctant to give up his command.

On a wall at the edge of Cairo's Tahrir Square, an artist this week painted a grotesque caricature of what most Egyptians believe and many fear.

One side of this giant, looming head are the unmistakable features of Hosni Mubarak, the fallen pharaoh whose life has almost ebbed away as surely as his power had already done.

On the other, skin painted in a cadaverous green to match his army beret, the face morphed into Field Marshall Mohamed Hussein Tantawi, chairman of the Supreme Council of the Armed Forces of Egypt and the country's acting president.

In both halves, the eyes gleam with unspoken threats and the mouth set somewhere between contempt and anger. Underneath, the caption asks: "Who is responsible?"

Who indeed? For whatever the face of General Tantawi represents, it is hardly a fresh one. Mubarak aside, there could not be a more potent symbol of Egypt's recent past; indeed, not so recent. The military has effectively run the country for nearly 60 years, controlling not just the politics of the nation but also great swathes of its economy; up to 40 per cent, according to some estimates. In this role, the general is more like a CEO, protecting a vast business empire that includes everything from bottled water to five-star hotels.

Now it seems the military will not bend to the ballot box as easily as was once thought. General Tantawi still insists he will hand over the presidency by the end of the month, but whether the office will have much meaning is now open to debate.

After dissolving the newly elected parliament, Scaf - as the supreme military council is generally known - this week effectively gave itself the right of veto over any changes to the constitution. To many, it looked like nothing so much as a coup.

Yet it was not meant to be like this. Tantawi's appointment as president in February last year was greeted with jubilation by the crowds in Tahrir Square. There was even talk that he might present himself as a credible candidate for the presidency.

Interviewed last August, Mohamed El Baradei, the former head of the International Atomic Energy Commission and also, briefly, considered a candidate for high office, said he believed the general wanted only to step aside.

Tantawi's view, he said, was that the army's post-revolutionary position was: "This is a hot potato, we want to get rid of it in six months' time."

Egypt's generals, El Baradei added, "know that they are not equipped to run the country - a place laden with every sort of problem".

"I have a gut feeling," El Baradei continued, "that the military doesn't have the ambition and they know that the people don't have the stomach to accept another military guy after 60 years of military rule."

In recent days, though, it seems that another calculation has been made - that the Egyptian people may be so exhausted by the chaos of revolution and sufficiently unnerved at the prospect of government by the Muslim Brotherhood - or no government at all - that they may now be willing to accept a much greater role from the military than was once thought. General Tantawi may yet relinquish the presidency, but control of the country may be another matter.

As for Tantawi, who is married with two adult sons, he would probably see himself a patriot, a loyal servant of the state and the values of the revolution - not last year's but the one that overthrew King Farouk in July 1952.

He has always been this way. Born in Cairo to a middle-class family of Nubian descent in October 1935, Tantawi's rise through the ranks has been textbook. Joining the army, he studied military science at army college before being commissioned as an officer in 1956. At the age of 22 he was fighting the British, French and Israeli armies as they swept down on the Suez Canal.

There were more battles in the 1967 War and the 1973 War, after which he was attached to the chief of staff and then given command of the Egyptian Second Army. For his loyalty he was next rewarded with the command of the Republican Guard.

Later, he commanded Egyptian forces during the first Gulf War of 1991. Months later, Mubarak appointed him defence minister and commander of the armed forces, raising him to the rank of field marshal. An assassination attempt by the Egyptian Islamic Jihad in 1995 saw Tantawi discussed as the possible next president.

A decade later, and with Mubarak still firmly in power, Tantawi had become regarded as an obstacle to reform, even by Egypt's allies. A leaked cable on the WikiLeaks website, dating from March 2008, shows the US ambassador to Cairo saw Tantawi, then 73, as "aged and change-resistant" and that younger Egyptian army officers mocked him as "Mubarak's poodle".

"Charming and courtly," the ambassador confided to Washington, "he is nonetheless mired in a post-Camp David military paradigm that has served his cohort's narrow interests for the last three decades. He and Mubarak are focused on regime stability and maintaining the status quo through the end of their time. They simply do not have the energy, inclination or world view to do anything differently."

Accusing Tantawi of using his powers to block political and economic reform, the cable noted the general was "supremely concerned with national unity and has opposed policy initiatives he views as encouraging political or religious cleavages within Egyptian society".

Tantawi would doubtless defend his actions on the grounds that he was defending the stability of the republic. Not that he ever says very much, in public at least. Behind the scenes, though, there is some evidence that his loyalty to Mubarak was being tested even before the revolution.

According to Mahmoud Zaher, a former general with a background in intelligence, the relationship between the two men began to deteriorate after Mubarak's wife, Suzanne, began plotting for her eldest son, Gamal, to succeed the presidency.

Tantawi, Zaher told an interviewer for the New York Review of Books last year, regarded Gamal as a political lightweight, but also became concerned that his plans to privatise many industries threatened the military's economic empire.

Tantawi and other senior officers are said to have repeatedly warned Mubarak that Gamal was not up to the job. Resignations were offered, and although Mubarak rejected them, Zaher insists that "distrust and discord between Tantawi and Mubarak grew intense" although adding: "Anybody in such a high position would be careful to conceal it."

Whatever the truth of the story, there is no doubt that the revolution of 2011 saw Tantawi transformed from the role of "Mubarak's poodle" to the best hope of a peaceful transition to democracy.

It helped that the army was independent from the security forces responsible for much of the brutality against protesters. Then, on February 4 last year, Tantawi inspected troops stationed around Tahrir Square and the Egyptian Museum, a gesture that was widely interpreted as meaning that the military would not allow protesters to be attacked again.

Within a week, Mubarak was gone, but the honeymoon that Tantawi enjoyed barely lasted that summer. In November, following more bloody protests that left dozens dead, Tantawi made a televised address to the nation, promising that the military council was "fully prepared to hand over powers immediately and return to its basic mission, which is to protect the country's borders and its people".

In Tahrir Square, thousands of demonstrations noisily voiced their scepticism, with chants of "leave" and "half a revolution is not enough".

Another demonstration in December, to protest against attacks by the army against women, showed how much the acting president had become identified with the ancien régime with chants of "Tantawi stripped your women naked".

Since then, the field marshall's actions have seemed increasingly at odds with his words. In another major speech last month, he attempted to reassure the nation about his intentions, promising free and fair elections that would "offer an example to the world". However, earlier this month a decree from Tantawi dissolved parliament after the previous winter's elections, which saw the Muslim Brotherhood's Freedom and Justice Party gain control, were declared unconstitutional.

Earlier this week, the ruling military council promised again that it would hand over power to the as yet unannounced winner of the presidential election. Once again, Field Marshall Tantawi and his brothers in arms seem like men ready to finally concede power to the people. But after 60 years in charge, do they really believe the country can manage without them?

The Biog

October 31, 1935 Born in Cairo

April 1956 Receives his commission in the Egyptian army before fighting in the Suez invasion

1967 and 1973 Serves in the two wars with Israel

1991 After commanding Egyptian forces in the first Gulf War is promoted to field marshal and made commander in chief of the armed forces and minister of defence

February 4, 2011 Inspects troops in Tahrir Square, signalling that the army will not permit further attacks on protesters

February 11, 2011 Appointed acting president after the resignation of Mubarak

November 2011 After more protests, appears on television to promise that the army is ready to step down from politics

May 17, 2012 Promises handover to newly elected civilian president by the end of June

June 17, 2012 Signs decree dissolving parliament on the grounds that elections were unconstitutional

Test

Director: S Sashikanth

Cast: Nayanthara, Siddharth, Meera Jasmine, R Madhavan

Star rating: 2/5

Famous left-handers

- Marie Curie

- Jimi Hendrix

- Leonardo Di Vinci

- David Bowie

- Paul McCartney

- Albert Einstein

- Jack the Ripper

- Barack Obama

- Helen Keller

- Joan of Arc

A MINECRAFT MOVIE

Director: Jared Hess

Starring: Jack Black, Jennifer Coolidge, Jason Momoa

Rating: 3/5

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

TOURNAMENT INFO

Women’s World Twenty20 Qualifier

Jul 3- 14, in the Netherlands
The top two teams will qualify to play at the World T20 in the West Indies in November

UAE squad
Humaira Tasneem (captain), Chamani Seneviratne, Subha Srinivasan, Neha Sharma, Kavisha Kumari, Judit Cleetus, Chaya Mughal, Roopa Nagraj, Heena Hotchandani, Namita D’Souza, Ishani Senevirathne, Esha Oza, Nisha Ali, Udeni Kuruppuarachchi

COMPANY PROFILE

Name: Lamsa

Founder: Badr Ward

Launched: 2014

Employees: 60

Based: Abu Dhabi

Sector: EdTech

Funding to date: $15 million

Name: Brendalle Belaza

From: Crossing Rubber, Philippines

Arrived in the UAE: 2007

Favourite place in Abu Dhabi: NYUAD campus

Favourite photography style: Street photography

Favourite book: Harry Potter

UAE currency: the story behind the money in your pockets
Citizenship-by-investment programmes

United Kingdom

The UK offers three programmes for residency. The UK Overseas Business Representative Visa lets you open an overseas branch office of your existing company in the country at no extra investment. For the UK Tier 1 Innovator Visa, you are required to invest £50,000 (Dh238,000) into a business. You can also get a UK Tier 1 Investor Visa if you invest £2 million, £5m or £10m (the higher the investment, the sooner you obtain your permanent residency).

All UK residency visas get approved in 90 to 120 days and are valid for 3 years. After 3 years, the applicant can apply for extension of another 2 years. Once they have lived in the UK for a minimum of 6 months every year, they are eligible to apply for permanent residency (called Indefinite Leave to Remain). After one year of ILR, the applicant can apply for UK passport.

The Caribbean

Depending on the country, the investment amount starts from $100,000 (Dh367,250) and can go up to $400,000 in real estate. From the date of purchase, it will take between four to five months to receive a passport. 

Portugal

The investment amount ranges from €350,000 to €500,000 (Dh1.5m to Dh2.16m) in real estate. From the date of purchase, it will take a maximum of six months to receive a Golden Visa. Applicants can apply for permanent residency after five years and Portuguese citizenship after six years.

“Among European countries with residency programmes, Portugal has been the most popular because it offers the most cost-effective programme to eventually acquire citizenship of the European Union without ever residing in Portugal,” states Veronica Cotdemiey of Citizenship Invest.

Greece

The real estate investment threshold to acquire residency for Greece is €250,000, making it the cheapest real estate residency visa scheme in Europe. You can apply for residency in four months and citizenship after seven years.

Spain

The real estate investment threshold to acquire residency for Spain is €500,000. You can apply for permanent residency after five years and citizenship after 10 years. It is not necessary to live in Spain to retain and renew the residency visa permit.

Cyprus

Cyprus offers the quickest route to citizenship of a European country in only six months. An investment of €2m in real estate is required, making it the highest priced programme in Europe.

Malta

The Malta citizenship by investment programme is lengthy and investors are required to contribute sums as donations to the Maltese government. The applicant must either contribute at least €650,000 to the National Development & Social Fund. Spouses and children are required to contribute €25,000; unmarried children between 18 and 25 and dependent parents must contribute €50,000 each.

The second step is to make an investment in property of at least €350,000 or enter a property rental contract for at least €16,000 per annum for five years. The third step is to invest at least €150,000 in bonds or shares approved by the Maltese government to be kept for at least five years.

Candidates must commit to a minimum physical presence in Malta before citizenship is granted. While you get residency in two months, you can apply for citizenship after a year.

Egypt 

A one-year residency permit can be bought if you purchase property in Egypt worth $100,000. A three-year residency is available for those who invest $200,000 in property, and five years for those who purchase property worth $400,000.

Source: Citizenship Invest and Aqua Properties

The specs: 2018 Volkswagen Teramont

Price, base / as tested Dh137,000 / Dh189,950

Engine 3.6-litre V6

Gearbox Eight-speed automatic

Power 280hp @ 6,200rpm

Torque 360Nm @ 2,750rpm

Fuel economy, combined 11.7L / 100km

Boston%20Strangler
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The specs

Price, base / as tested Dh1,470,000 (est)
Engine 6.9-litre twin-turbo W12
Gearbox eight-speed automatic
Power 626bhp @ 6,000rpm
Torque: 900Nm @ 1,350rpm
Fuel economy, combined 14.0L / 100km

THE SPECS

Engine: 6.75-litre twin-turbocharged V12 petrol engine 

Power: 420kW

Torque: 780Nm

Transmission: 8-speed automatic

Price: From Dh1,350,000

On sale: Available for preorder now

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3ESmartCrowd%0D%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2018%0D%3Cbr%3E%3Cstrong%3EFounder%3A%20%3C%2Fstrong%3ESiddiq%20Farid%20and%20Musfique%20Ahmed%0D%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EDubai%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinTech%20%2F%20PropTech%0D%3Cbr%3E%3Cstrong%3EInitial%20investment%3A%20%3C%2Fstrong%3E%24650%2C000%0D%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%3C%2Fstrong%3E%2035%0D%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3ESeries%20A%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EVarious%20institutional%20investors%20and%20notable%20angel%20investors%20(500%20MENA%2C%20Shurooq%2C%20Mada%2C%20Seedstar%2C%20Tricap)%3C%2Fp%3E%0A
MATCH INFO

Juventus 1 (Dybala 45')

Lazio 3 (Alberto 16', Lulic 73', Cataldi 90 4')

Red card: Rodrigo Bentancur (Juventus)

Specs

Engine: Duel electric motors
Power: 659hp
Torque: 1075Nm
On sale: Available for pre-order now
Price: On request

While you're here
In numbers: China in Dubai

The number of Chinese people living in Dubai: An estimated 200,000

Number of Chinese people in International City: Almost 50,000

Daily visitors to Dragon Mart in 2018/19: 120,000

Daily visitors to Dragon Mart in 2010: 20,000

Percentage increase in visitors in eight years: 500 per cent

FROM%20THE%20ASHES
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Draw

Quarter-finals

Real Madrid (ESP) or Manchester City (ENG) v Juventus (ITA) or Lyon (FRA)

RB Leipzig (GER) v Atletico Madrid (ESP)

Barcelona (ESP) or Napoli (ITA) v Bayern Munich (GER) or Chelsea (ENG)

Atalanta (ITA) v Paris Saint-Germain (FRA)

Ties to be played August 12-15 in Lisbon

Our legal consultants

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

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MATCH INFO

England 19 (Try: Tuilagi; Cons: Farrell; Pens: Ford (4)

New Zealand 7 (Try: Savea; Con: Mo'unga)