Egypt braces for more violence as Muslim Brotherhood calls 'march of anger'

August 16, 2013

Egypt_bracesCairo, Aug 16: Deeply polarized Egypt braced for renewed confrontation on Friday after the Muslim Brotherhood called for a nationwide march of millions to show anger at a ferocious security crackdown on Islamists in which hundreds were killed.

Defying criticism from major Western allies, Egypt's army-backed government warned it would turn its guns on anyone who attacked the police or public institutions after protesters torched a government building in Cairo on Thursday.

At least 623 people died and thousands were wounded on Wednesday when police cleared out two protest camps in Cairo set up to denounce the military overthrow on July 3 of Egypt's first freely elected president, Islamist leader Mohamed Morsi.

It was the third mass killing of Morsi supporters since his ouster. The assault left his Muslim Brotherhood in disarray, but they warned they would not retreat in their showdown with army commander General Abdel Fattah al-Sisi.

"After the blows and arrests and killings that we are facing, emotions are too high to be guided by anyone," said Brotherhood spokesman Gehad El-Haddad.

A statement from the Brotherhood called for a nationwide "march of anger" by millions of supporters on Friday after noon prayers.

"Despite the pain and sorrow over the loss of our martyrs, the latest coup makers' crime has increased our determination to end them," it said.

The Brotherhood accuses the military of staging a coup when it ousted Morsi. Liberal and youth activists who backed the military saw the move as a positive response to public demands.

Friday prayers have proved a fertile time for protests during more than two years of unrest across the Arab world.

In calling for a "Friday of anger," the Brotherhood used the same name as that given to the most violent day of the 2011 uprising against former President Hosni Mubarak. That day, January 28, 2011, marked the protesters' victory over the police, who were forced to retreat while the army was asked to step in.

In a counter move, a loose liberal and leftist coalition, the National Salvation Front, called on Egyptians to protest on Friday against what it said was "obvious terrorism actions" conducted by the Muslim Brotherhood.

Signaling his displeasure at the worst bloodshed in Egypt for generations, US President Barack Obama said on Thursday normal cooperation with Cairo could not continue and announced the cancellation of military exercises with Egypt next month.

"We deplore violence against civilians. We support universal rights essential to human dignity, including the right to peaceful protest," he said, taking a brief break from his holidays to deliver the sharp rebuke.

The United States on Thursday renewed a warning to its citizens to leave Egypt because of the ongoing unrest. It issued the same advice last month.

The Egyptian presidency issued a statement saying Obama's remarks were not based on "facts" and would strengthen and encourage violent groups that were committing "terrorist acts."

Arab aid

Washington provides Egypt with $1.5 billion in annual aid, most of it military. But its influence over Cairo has been called into question during the recent turmoil, which has seen Saudi Arabia, Kuwait and the United Arab Emirates pledge $12 billion in assistance, making them more prominent partners.

By cancelling the military exercise, but not cutting off US aid, Obama was seeking to show his displeasure at the violent crackdown without totally alienating the generals.

US defense secretary Chuck Hagel issued a statement saying he had called Sisi on Thursday to say Washington would maintain its military relationship with Egypt, but he also warned him that the recent violence was putting defense cooperation at risk.

"Since the recent crisis began, the United States has made it clear that the Egyptian government must refrain from violence, respect freedom of assembly, and move toward an inclusive political transition," Hagel said.

"I reiterated that the United States remains ready to work with all parties to help achieve a peaceful, inclusive way forward."

The White House has tried to appear to support democracy in Egypt, while protecting the US strategic interest in Egypt's stability, its peace treaty with Israel and its military cooperation with the United States - including privileged access to the Suez Canal.

Critics argue that Obama had done too little, too late and that his administration has repeatedly sent mixed messages - among them its failure to brand Morsi's ouster a military coup - thereby eroding its ability to influence events.

By comparison with Western criticism, the UAE said Egypt's government had "exercised maximum self-control."

The Arab nations' cash, which started arriving in July, is aimed at stabilizing Egypt's wobbling economy, which is suffering from a ballooning budget deficit and high inflation.

This week's carnage will do further damage to state coffers. The government has set a nighttime curfew that it says will last at least a month, a move that will deal a further blow to the crucial tourism industry.

On Thursday, the UN Security Council urged all parties in Egypt to exercise maximum restraint.

"The view of council members is that it is important to end violence in Egypt," Argentine U.N. Ambassador Maria Cristina Perceval told reporters after the 15-member council met on the situation.

Turkish Prime Minister Tayyip Erdogan had earlier also called for the U.N. Security Council to convene quickly after what he described as a massacre in Egypt and criticized Western nations for failing to stop the bloodshed.

The streets of Cairo were unusually quiet on Thursday, many shops remaining shuttered as people stayed away from work.

However, there was little sympathy for the Brotherhood, which won all five elections following Mubarak's downfall in 2011 but was accused of incompetence and partisanship during Morsi's brief time in charge.

"We didn't want this to happen, but at the end of the day they pushed us to do it," said Mahmoud Albaz, 33, an actor and real-estate agent who lives near the Brotherhood protest camp at the Rabaa al-Adawiya mosque, now blackened by fire and soot.

Many of those who died on Wednesday were still laid out more than a day later in Cairo morgues and at a city mosque. Their families accused the government of putting bureaucratic hurdles in their way to make it hard to obtain permission to bury them.

Under Islamic tradition, bodies ought to be buried within 24 hours of death.

"We arrived at 7 a.m. The whole family is here," said Atif Hashim, a 50-year-old teacher, who was in line, waiting to collect the body of his cousin, a father of five young children.

"They just drink tea inside, they just throw the bodies on the floor with some ice," he said of officials in the morgue.

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Agencies
June 18,2020

New Delhi, Jun 18: Reliance Industries Ltd on Thursday said it has sold a 2.32 per cent stake in its digital unit to Saudi Arabia's Public Investment Fund (PIF) for Rs 11,367 crore, taking the cumulative fund raising to about Rs 1.16 lakh crore in two months.

Starting with Facebook Inc on April 22, Reliance has sold almost 25 per cent of equity in Jio Platforms - the maximum reports suggest the company intends to dilute to financial investors.

The investment by Saudi sovereign wealth fund is "at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore", the company said in a statement.

With this investment, Jio Platforms has raised Rs 115,693.95 crore from some of the leading global investment powerhouses at a time when the world is deeply impacted by the coronavirus pandemic, resulting in a recession kind of environment for the global economy.

"With the addition of PIF's investment, Jio Platforms has established partnerships with a marquee set of global financial investors, who will contribute to establishing the Digital Society vision for India," the statement said.

Jio Platforms houses India's biggest telecom firm by subscribers, Reliance Jio. With more than 388 million users, Jio has forced out several rivals and driven consolidation in the sector since entering the market in 2016 with free voice services and cut-price data.

Over the past two months, billionaire Mukesh Ambani's oil-to-telecom conglomerate has announced the sale of about $14 billion of assets, completed a Rs 53,124 crore rights issue and slowed the run rate of new investment by a quarter.

These will help Reliance meet its target of paying off Rs 1.61 lakh crore of net debt by the end of the year.
This is PIF's largest investment into the Indian economy to date.

Ambani, chairman and managing director of Reliance Industries, said, "We at Reliance have enjoyed a long and fruitful relationship with the Kingdom of Saudi Arabia for many decades. From oil economy, this relationship is now moving to strengthen India's New oil (data-driven) economy, as is evident from PIF's investment into Jio Platforms."

Yasir Al-Rumayyan, governor of PIF, commented: "We are delighted to be investing in an innovative business which is at the forefront of the transformation of the technology sector in India. We believe that the potential of the Indian digital economy is very exciting and that Jio Platforms provides us with an excellent opportunity to gain access to that growth."

"This investment will also enable us to generate significant long-term commercial returns for the benefit of Saudi Arabia's economy and our country's citizens, in line with our mandate to safeguard and grow the national wealth of the Kingdom," he said.

The transaction is subject to Indian regulatory and other customary approvals.

Morgan Stanley acted as financial advisor to Reliance Industries and AZB & Partners and Davis Polk & Wardwell acted as legal counsels.

Prior to this deal, Reliance had sold 22.38 per cent of Jio Platforms to investors including Facebook Inc, securing Rs 104,326.95 crore in eight weeks.

Facebook kicked off the party, investing Rs 43,573.62 crore for a 9.99 per cent stake on April 22. This was closely followed by a further Rs 60,753.33 crore in investment.

Silver Lake - the world's largest tech investor - bought a 1.15 per cent stake in Jio Platforms for Rs 5,665.75 crore on May 4. It invested another Rs 4,546.80 crore for additional 0.93 per cent stake on June 5, taking its total holding to 2.08 per cent
Private equity KKR and Vista Equity Partners have taken 2.32 per cent stake each for Rs 11,367 crore apiece. KKR invested in Jio Platforms on May 22 while Vista invested on May 8.

Abu Dhabi sovereign wealth fund Mubadala Investment Co picked up 1.85 per cent in Jio Platforms for Rs 9,093.60 crore on June 5. Abu Dhabi Investment Authority on June 7 invested Rs 5,683.50 crore for a 1.16 per cent stake in Jio Platforms.

On May 17, global equity firm General Atlantic picked up 1.34 per cent stake in Jio Platforms for Rs 6,598.38 crore.

Global investment firm TPG on June 13 picked up 0.93 per cent for Rs 4,546.80 crore while L Catterton bought 0.39 per cent for Rs 1,894.50 crore.

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News Network
April 2,2020

Dubai, Apr 2: A senior Saudi official urged more than 1 million Muslims intending to perform the hajj to delay making plans this year in comments suggesting the pilgrimage could be cancelled due to the new coronavirus pandemic.

In February, the kingdom took the extraordinary decision to close off the holy cities of Mecca and Medina to foreigners over the virus, a step which wasn’t taken even during the 1918 flu epidemic that killed tens of millions worldwide.

Restrictions have tightened in the kingdom as it grapples with over 1,500 confirmed cases of the new virus. The kingdom has reported 10 deaths so far. The Middle East has more than 71,000 confirmed cases of the virus, most of those in Iran, and over 3,300 deaths.

“The kingdom of Saudi Arabia is prepared to secure the safety of all Muslims and nationals,” Saudi Hajj and Umrah Minister Muhammad Saleh bin Taher Banten told state television. “That’s why we have requested from all Muslims around the world to hold onto signing any agreements (with tour operators) until we have a clear vision.”

Saudi Arabia has barred people from entering or exiting three major cities, including Mecca and Medina, and imposed a nighttime curfew across the country. Like other countries around the world and in the Middle East, Saudi Arabia has suspended all inbound and outbound commercial flights.

Each year, up to 2 million Muslims perform the hajj, a physically demanding and often costly pilgrimage that draws the faithful from around the world. The hajj, required of all able-bodied Muslims to perform once in their lifetime, is seen as a chance to wipe clean past sins and bring about greater humility and unity among Muslims.

Standing in Mecca in front of the cube-shaped Kaaba that Muslims pray toward five times daily, Banten also said the kingdom was already providing care for 1,200 pilgrims stuck in the holy city due to global travel restrictions. A number of them are being quarantined in hotels in Mecca, he said.

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Gulf News
April 12,2020

Hyderabad, Apr 12: In the backdrop of rising tide of anti-Muslim hatred and Islamophobia on the social media, a company in Dubai sacked an employee from Hyderabad for his hate-filled posts on Facebook.

Bala Krishna Nakka from Hyderabad, who was working as Chief Accountant at Dubai’s Moro Hub Data Solutions Company, was sacked after his Facebook went viral evoking widespread condemnation. The man had posted images on his Facebook page which showed Muslims as suicide bombers wearing bombs in the form of coronavirus cells.

It triggered demands both on Facebook and Twitter for action against him. In a quick response the company announced that the person was being sacked from his job, as the company had zero tolerance towards hate propaganda.

Moro Hub said in a statement: “At Moro, we take a zero tolerance attitude to material that is or may be deemed Islamophoic or hate speech. The tweets that we have been alerted to do not, in any way, reflect Moro’s brand values.”

Since the outbreak of coronavirus in India, a more intense hate propaganda has been unleashed by right wing elements on social media targeting India’s Muslim minority, some of whom are based in Gulf region.

As both the mainstream media, especially Indian TV channels, as well as social media users, have unleashed a campaign linking the spread of virus to a Muslim missionary organisation, the Tableeghi Jamaat, in India, a fresh war of words has broken out on social media.

While some activists have taken up it on themselves to highlight the hate propaganda and draw the attention of employers to such hate mongers, the right wing social media handles have also launched their own counter-offensives against such activists.

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