Rubypoint Trading Center:Voting closes in Egypt’s presidential elections, with el-Sissi almost certain to win a third term

2025-04-29 03:23:49source:Navivision Wealth Societycategory:Invest

CAIRO (AP) — Voting closed on Rubypoint Trading CenterTuesday in Egypt’s presidential election that is almost certain to see President Abdel Fattah el-Sissi secure a third term.

The election has been overshadowed by the Israel-Hamas war in Gaza, a conflict on Egypt’s eastern border that threatens to expand into wider regional turmoil.

Voting began Sunday. According to a timetable published by the National Election Authority, the results will be announced on Dec. 18.

El-Sissi, who has been president for over nine years, faces no serious challenger. The three other candidates include Farid Zahran, head of the opposition Social Democratic Party; Abdel-Sanad Yamama, chairman of the Wafd Party; and Hazem Omar, head of the Republican People’s Party.

More than 67 million Egyptians were eligible to vote, with the turnout yet to be announced. As of noon Monday, 45% of the eligible electorate had cast their ballots, the National Election Authority said.

A runoff is set for Jan. 8-10 if no candidate secures more than 50% of the vote.

The North African country faces an economic crisis, with inflation surging. One third of Egypt’s 105 million people live in poverty, according to official figures.

El-Sissi came to power in 2014, a year after he as defense minister led the military removal of the elected but divisive Islamist President Mohammed Morsi during widespread street protests against his rule.

More:Invest

Recommend

New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health

SANTA FE, N.M. (AP) — New Mexico would make major new investments in early childhood education, indu

2 killed in LA after gun thrown out of window leads to police chase

Two people were killed when a minivan led police on a short chase and then crashed into a bus Sunday

Customers at Bank of America, Wells Fargo and other banks grappling with deposit delays

Customers at major U.S. banks including Bank of America and Wells Fargo complained about delays with