The existential struggle for the heart of political Egypt



While some parts of the Arab world are dividing along sectarian and sometimes ethnic lines, the smouldering unrest in Egypt is entirely ideological. Partisans on both sides view it as an existential struggle to define Egypt’s identity – and all conflicts of this type tend to be bitter and brutal.

Political life is determined entirely by narratives and most elements of politics are entirely subjective. And even when objective realities – economic, geographical, climatic, and so forth – do sometimes assert themselves, the way they are interpreted depends entirely on the perceptual framework within which different groups of people operate.

A minimum level of narrative coherence is necessary for social stability. When the world views of key constituencies in any given society become fundamentally irreconcilable, this can provide a ready basis for protracted unrest and even civil conflict.

The violence currently racking Egypt has taken alarming turns in both the daily routine and the nature and kind of conflict in the country. And the prospects for a stable, orderly constitutionalism – if not fully developed democracy – in Egypt are profoundly undermined by this rapid deterioration.

The violence itself is merely a symptom – and only one of them – of a deepening divide cutting Egyptian society into at least two, if not more, hostile factions that view themselves as exclusively legitimate and the other as entirely illegitimate.

In contrast to the sectarian and ethnic violence in Syria, Iraq, Lebanon and other parts of the Middle East, Egypt is haunted by the spectre of a very different model of nightmarish Arab state disintegration: the ideologically-driven conflict between Islamists and the government in Algeria in the 1990s.

The Egyptian government’s narrative since the overthrow of Mohammed Morsi has been that the military intervened, after overwhelming public demand, to stop the misrule of an out of control party and president who faced no other political checks. From the outset, they accused Mr Morsi and the Muslim Brotherhood of having deep ties to Salafist-Jihadist extremists in Sinai.

This account has been significantly strengthened by the evidently furious reaction of the Sinai-based extremists to Mr Morsi’s removal, and their reported offer in the days and weeks immediately following that violence would cease if he were restored to office. With both the government and the Muslim Brotherhood raising the stakes, violence has been spreading throughout Egypt.

From the government’s point of view, there is no real distinction between the actions and policies of the Brotherhood and those of Ansar Beit Al Maqids – which claimed responsibility for the massive bombing of a security headquarters in Mansoura – and other Sinai extremist groups.

Because they are regarded as acting in cahoots, the Brotherhood is assumed to be responsible. And the Brotherhood only encourages this assumption by declining to condemn the attacks but simply blaming them on the government, and even a fictional “Christian militia”.

Many who embrace this narrative, or even most of it, would find last week’s designation of the Muslim Brotherhood as a terrorist organisation by the Egyptian government to be both predictable and, perhaps, justifiable, whether or not they view the decision as wise.

The narrative of the Muslim Brotherhood and its supporters, by contrast, suggests all of this is nothing but excuses for a counter-revolutionary crackdown.

It always anticipated that the military and the rest of the Egyptian establishment would never allow an elected Brotherhood presidency and would find some rationalisation to overthrow it.

Everything that has followed has been interpreted through this framework as a campaign to destroy the Brotherhood jail, persecute and kill its members, and blame it for all kinds of things it has nothing to do with. The Brotherhood worldview predicts such a response to any political success, and its political comfort zone is much more attuned to the underground than the open air.

Indeed, a primary public and rhetorical reaction of the Brotherhood narrative to the removal of Mr Morsi was to predict the virtual inevitability of a violent backlash.

So, in addition to feeling framed and persecuted, this narrative also allows its adherents to feel vindicated in their prediction of mounting chaos. So far, a sizeable majority of socially active Egyptians still seem to be leaning towards the government narrative, even as some elements of the Brotherhood narrative are spreading even into some “liberal” and “revolutionary” constituencies that do not and never will like any Islamists.

Politically engaged Egyptian society appears divided between a larger group that adheres to some version of the government narrative, and a smaller but substantial one – such as the students recently protesting at Al Azhar University – who seem to embrace the Brotherhood’s perspective.

As Egyptians increasingly see each other not as fellow Egyptians but rather as “terrorists” versus “counter-revolutionaries,” the potential increases for a prolonged and widespread social and political crisis that pervades every aspect of society. And the prospects for the minimum shared narratives needed for political functionality, and law and order, fade.

Egypt is neither about to become the next Algeria, nor is it yet entering its own “year of living dangerously”. But the elements for intensified and prolonged civil strife are clearly growing, as its society is experiencing a breakdown in a minimal shared belief about what “Egypt” is, and what it means to be “Egyptian”.

Hussein Ibish is a senior fellow at the American Task Force on Palestine, a columnist for Now Media and blogs at www.ibishblog.com

On Twitter: @ibishblog

Read more: http://www.thenational.ae/thenationalconversation/comment/us-must-be-clear-about-its-objectives-in-the-middle-east-next-year#ixzz2orP6twnX

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Jigra
Director: Vasan Bala
Starring: Alia Bhatt, Vedang Raina, Manoj Pahwa, Harsh Singh
Rated: 3.5/5
BeIN Sports currently has the rights to show

- Champions League

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Engine: 937cc

Transmission: Six-speed gearbox

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The Melbourne Mercer Global Pension Index

The Melbourne Mercer Global Pension Index

Mazen Abukhater, principal and actuary at global consultancy Mercer, Middle East, says the company’s Melbourne Mercer Global Pension Index - which benchmarks 34 pension schemes across the globe to assess their adequacy, sustainability and integrity - included Saudi Arabia for the first time this year to offer a glimpse into the region.

The index highlighted fundamental issues for all 34 countries, such as a rapid ageing population and a low growth / low interest environment putting pressure on expected returns. It also highlighted the increasing popularity around the world of defined contribution schemes.

“Average life expectancy has been increasing by about three years every 10 years. Someone born in 1947 is expected to live until 85 whereas someone born in 2007 is expected to live to 103,” Mr Abukhater told the Mena Pensions Conference.

“Are our systems equipped to handle these kind of life expectancies in the future? If so many people retire at 60, they are going to be in retirement for 43 years – so we need to adapt our retirement age to our changing life expectancy.”

Saudi Arabia came in the middle of Mercer’s ranking with a score of 58.9. The report said the country's index could be raised by improving the minimum level of support for the poorest aged individuals and increasing the labour force participation rate at older ages as life expectancies rise.

Mr Abukhater said the challenges of an ageing population, increased life expectancy and some individuals relying solely on their government for financial support in their retirement years will put the system under strain.

“To relieve that pressure, governments need to consider whether it is time to switch to a defined contribution scheme so that individuals can supplement their own future with the help of government support,” he said.

MATCH INFO

What: 2006 World Cup quarter-final
When: July 1
Where: Gelsenkirchen Stadium, Gelsenkirchen, Germany

Result:
England 0 Portugal 0
(Portugal win 3-1 on penalties)

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Mainz 0

RB Leipzig 5 (Werner 11', 48', 75', Poulsen 23', Sabitzer 36')

Man of the Match: Timo Werner (RB Leipzig)

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Three tips from La Perle's performers

1 The kind of water athletes drink is important. Gwilym Hooson, a 28-year-old British performer who is currently recovering from knee surgery, found that out when the company was still in Studio City, training for 12 hours a day. “The physio team was like: ‘Why is everyone getting cramps?’ And then they realised we had to add salt and sugar to the water,” he says.

2 A little chocolate is a good thing. “It’s emergency energy,” says Craig Paul Smith, La Perle’s head coach and former Cirque du Soleil performer, gesturing to an almost-empty open box of mini chocolate bars on his desk backstage.

3 Take chances, says Young, who has worked all over the world, including most recently at Dragone’s show in China. “Every time we go out of our comfort zone, we learn a lot about ourselves,” she says.

UAE's final round of matches
  • Sep 1, 2016 Beat Japan 2-1 (away)
  • Sep 6, 2016 Lost to Australia 1-0 (home)
  • Oct 6, 2016 Beat Thailand 3-1 (home)
  • Oct 11, 2016 Lost to Saudi Arabia 3-0 (away)
  • Nov 15, 2016 Beat Iraq 2-0 (home)
  • Mar 23, 2017 Lost to Japan 2-0 (home)
  • Mar 28, 2017 Lost to Australia 2-0 (away)
  • June 13, 2017 Drew 1-1 with Thailand (away)
  • Aug 29, 2017 v Saudi Arabia (home)
  • Sep 5, 2017 v Iraq (away)
TEACHERS' PAY - WHAT YOU NEED TO KNOW

Pay varies significantly depending on the school, its rating and the curriculum. Here's a rough guide as of January 2021:

- top end schools tend to pay Dh16,000-17,000 a month - plus a monthly housing allowance of up to Dh6,000. These tend to be British curriculum schools rated 'outstanding' or 'very good', followed by American schools

- average salary across curriculums and skill levels is about Dh10,000, recruiters say

- it is becoming more common for schools to provide accommodation, sometimes in an apartment block with other teachers, rather than hand teachers a cash housing allowance

- some strong performing schools have cut back on salaries since the pandemic began, sometimes offering Dh16,000 including the housing allowance, which reflects the slump in rental costs, and sheer demand for jobs

- maths and science teachers are most in demand and some schools will pay up to Dh3,000 more than other teachers in recognition of their technical skills

- at the other end of the market, teachers in some Indian schools, where fees are lower and competition among applicants is intense, can be paid as low as Dh3,000 per month

- in Indian schools, it has also become common for teachers to share residential accommodation, living in a block with colleagues

Singham Again

Director: Rohit Shetty

Stars: Ajay Devgn, Kareena Kapoor Khan, Ranveer Singh, Akshay Kumar, Tiger Shroff, Deepika Padukone

Rating: 3/5

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Thank You for Banking with Us

Director: Laila Abbas

Starring: Yasmine Al Massri, Clara Khoury, Kamel El Basha, Ashraf Barhoum

Rating: 4/5

BUNDESLIGA FIXTURES

Friday (all kick-offs UAE time)

Hertha Berlin v Union Berlin (10.30pm)

Saturday

Freiburg v Werder Bremen (5.30pm)

Paderborn v Hoffenheim (5.30pm)

Wolfsburg v Borussia Dortmund (5.30pm)

Borussia Monchengladbach v Bayer Leverkusen (5.30pm)

Bayern Munich v Eintracht Frankfurt (5.30pm)

Sunday

Schalke v Augsburg (3.30pm)

Mainz v RB Leipzig (5.30pm)

Cologne v Fortuna Dusseldorf (8pm)

EA Sports FC 25
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BUNDESLIGA FIXTURES

Friday Hertha Berlin v Union Berlin (11.30pm)

Saturday Freiburg v Borussia Monchengladbach, Eintracht Frankfurt v Borussia Dortmund, Cologne v Wolfsburg, Arminia Bielefeld v Mainz (6.30pm) Bayern Munich v RB Leipzig (9.30pm)

Sunday Werder Bremen v Stuttgart (6.30pm), Schalke v Bayer Leverkusen (9pm)

Monday Hoffenheim v Augsburg (11.30pm)

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How Tesla’s price correction has hit fund managers

Investing in disruptive technology can be a bumpy ride, as investors in Tesla were reminded on Friday, when its stock dropped 7.5 per cent in early trading to $575.

It recovered slightly but still ended the week 15 per cent lower and is down a third from its all-time high of $883 on January 26. The electric car maker’s market cap fell from $834 billion to about $567bn in that time, a drop of an astonishing $267bn, and a blow for those who bought Tesla stock late.

The collapse also hit fund managers that have gone big on Tesla, notably the UK-based Scottish Mortgage Investment Trust and Cathie Wood’s ARK Innovation ETF.

Tesla is the top holding in both funds, making up a hefty 10 per cent of total assets under management. Both funds have fallen by a quarter in the past month.

Matt Weller, global head of market research at GAIN Capital, recently warned that Tesla founder Elon Musk had “flown a bit too close to the sun”, after getting carried away by investing $1.5bn of the company’s money in Bitcoin.

He also predicted Tesla’s sales could struggle as traditional auto manufacturers ramp up electric car production, destroying its first mover advantage.

AJ Bell’s Russ Mould warns that many investors buy tech stocks when earnings forecasts are rising, almost regardless of valuation. “When it works, it really works. But when it goes wrong, elevated valuations leave little or no downside protection.”

A Tesla correction was probably baked in after last year’s astonishing share price surge, and many investors will see this as an opportunity to load up at a reduced price.

Dramatic swings are to be expected when investing in disruptive technology, as Ms Wood at ARK makes clear.

Every week, she sends subscribers a commentary listing “stocks in our strategies that have appreciated or dropped more than 15 per cent in a day” during the week.

Her latest commentary, issued on Friday, showed seven stocks displaying extreme volatility, led by ExOne, a leader in binder jetting 3D printing technology. It jumped 24 per cent, boosted by news that fellow 3D printing specialist Stratasys had beaten fourth-quarter revenues and earnings expectations, seen as good news for the sector.

By contrast, computational drug and material discovery company Schrödinger fell 27 per cent after quarterly and full-year results showed its core software sales and drug development pipeline slowing.

Despite that setback, Ms Wood remains positive, arguing that its “medicinal chemistry platform offers a powerful and unique view into chemical space”.

In her weekly video view, she remains bullish, stating that: “We are on the right side of change, and disruptive innovation is going to deliver exponential growth trajectories for many of our companies, in fact, most of them.”

Ms Wood remains committed to Tesla as she expects global electric car sales to compound at an average annual rate of 82 per cent for the next five years.

She said these are so “enormous that some people find them unbelievable”, and argues that this scepticism, especially among institutional investors, “festers” and creates a great opportunity for ARK.

Only you can decide whether you are a believer or a festering sceptic. If it’s the former, then buckle up.

THE LOWDOWN

Romeo Akbar Walter

Rating: 2/5 stars
Produced by: Dharma Productions, Azure Entertainment
Directed by: Robby Grewal
Cast: John Abraham, Mouni Roy, Jackie Shroff and Sikandar Kher 

Uefa Nations League: How it works

The Uefa Nations League, introduced last year, has reached its final stage, to be played over five days in northern Portugal. The format of its closing tournament is compact, spread over two semi-finals, with the first, Portugal versus Switzerland in Porto on Wednesday evening, and the second, England against the Netherlands, in Guimaraes, on Thursday.

The winners of each semi will then meet at Porto’s Dragao stadium on Sunday, with the losing semi-finalists contesting a third-place play-off in Guimaraes earlier that day.

Qualifying for the final stage was via League A of the inaugural Nations League, in which the top 12 European countries according to Uefa's co-efficient seeding system were divided into four groups, the teams playing each other twice between September and November. Portugal, who finished above Italy and Poland, successfully bid to host the finals.

COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
The National in Davos

We are bringing you the inside story from the World Economic Forum's Annual Meeting in Davos, a gathering of hundreds of world leaders, top executives and billionaires.

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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

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