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Gulf States Embrace Post-Brotherhood Egypt

Gulf states are lining up to support Egypt after President Mohammed Morsi's ouster, including more than $8 billion in financial assistance, but should do more to ensure the country does not repeat the mistakes of the past.
A portrait of deposed Egyptian President Mohamed Mursi is seen on barbed wire outside the Republican Guard headquarters in Cairo July 8, 2013. At least 51 people were killed on Monday when demonstrators enraged by the military overthrow of Egypt's elected Islamist president said the army opened fire during morning prayers outside the Cairo barracks where Mursi is believed to be held .REUTERS/Louafi Larbi (EGYPT - Tags: POLITICS CIVIL UNREST MILITARY) - RTX11GWI

The ousted Muslim Brotherhood’s mismanagement of Egypt extended into various fields, from the social to the political, but perhaps the area that concerns Egyptians the most is its bungling of the Egyptian economy. Prior to being elected, the Brotherhood repeatedly touted its so-called Renaissance Project for the development of Egypt. The plan, the result of years of studies Egyptians were told, was to be implemented in President Mohammed Morsi’s first 100 days.

The plan, however, turned out to be nothing but electioneering rhetoric, with Morsi having “fulfilled only four of his 64 campaign promises,” according to one monitoring group. The Brotherhood government continued to assert its incompetence up to its final days, including the appointment of a member of Gamaa Islamiya as governor of Luxor, a major tourist attraction that was the scene of a bloody massacre perpetrated by the very same group 16 years earlier.

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