Egyptian President Abdel-Fattah el-Sisi today boisterously marked the final day of a major economic conference that has injected billions of dollars' worth of aid and investment in his country, while still acknowledging that Egypt's road to recovery will be long and costly.
A jubilant el-Sisi invited young Egyptian organisers to join him at the podium before he addressed a packed auditorium at the Sinai resort of Sharm el-Sheikh. Several seized the opportunity to take selfies with the Egyptian leader and joined him in what has become his customary slogan of "Long live Egypt!"
But the president swiftly stopped a chant of "long live el-Sisi."
"Long live Egypt and no one else," said el-Sisi, who in the 35-minute address let out several hearty laughs and joked about how he drove hard bargains with top multinational executives to reduce prices, deliver ahead of schedule and allow longer grace periods for loan repayments.
He singled out Germany's Siemens and the United States' General Electric for special praise.
Addressing the delegates seated in the massive conference hall, the general-turned-politician said: "You have no idea how much joy you have given the people of Egypt."
El-Sisi has staked his legitimacy on fixing the economy and restoring security, and the three-day conference has been seeking a sign of international confidence in the country's political stability.
Egypt faces a persistent Islamic militant insurgency, while the government's fierce crackdown on Islamist opponents, which has killed hundreds, landed some 20,000 people in prison, has brought heavy criticism over the last 20 months.
"Some people thought my country has died, but Egypt is a country that God created so it can forever live," El-Sisi said. "Egypt was there 7,000 years ago and taught the entire world."
"This nation is awakening now," he declared.
As military chief, el-Sisi led the July 2013 military ouster of the elected but divisive Islamist President Mohammed Morsi.
Nearly a year later, el-Sisi himself was elected. El-Sisi said Egypt needed as much as USD 300 billion in investments to rebuild and give the country's 90 million people a genuine hope to live well.
