Sisi counting on Gulf aid to deal with Egypt's economic crisis

Abdel Fattah al-Sisi hopes that more Gulf aid will convince Egyptians he can deal with their country's economic troubles, but some are skeptical.
Al Hag Asaad, 62, a street vendor selling Abdel Fattah al-Sisi themed souvenirs, shows a fake 200 Egyptian pound with a picture of al-Sisi at a bazaar in Tahrir square in central Cairo, March 13, 2014. Cairo's souvenir shops and street stands are filled with memorabilia celebrating the popular head of the armed forces, Field Marshal al-Sisi. Egypt is pushing ahead with an army-backed plan for political transition, with presidential and parliamentary elections due to take place within months. Sisi is widely
A street vendor selling Abdel Fattah al-Sisi themed souvenirs shows a fake 200 Egyptian pound with a picture of al-Sisi at a bazaar in Tahrir square, March 13, 2014. - REUTERS/Amr Abdallah Dalsh
ayah aman.jpg
Ayah Aman
@ayahaman
Read in 

CAIRO — At a time of crisis for the Egyptian economy, Abdel Fattah al-Sisi, the strongest candidate in the upcoming presidential elections, has begun formulating his electoral program amid promises of substantial financial support from the Gulf.

Following months of delay and popular demands that he submit his candidacy for the presidency, Sisi finally resigned from his post as commander-in-chief of the armed forces March 26 in anticipation of running in the presidential elections scheduled for May.

Access the Middle East news and analysis you can trust

Join our community of Middle East readers to experience all of Al-Monitor, including 24/7 news, analyses, memos, reports and newsletters.

Subscribe

Only $100 per year.

Videos

See more