Egypt’s National Electoral Commission (NEC) on Monday (April 2nd) announced incumbent President Abdel Fattah al-Sisi the winner of a new four-year term following last weeks' elections.
The head of the election authority Lasheen Ibrahim said at a press conference that turnout was 41.05% of the almost 60 million registered voters.
Ibrahim said 92.73% of the votes were valid from the roughly 24 million cast, while almost two million ballots were spoiled.
Al-Sisi won 21,835 million votes, or 97.1% of the total valid votes, while his sole rival, al-Ghad Party chief Moussa Mostafa Moussa got 2.9% of the votes, the NEC said.
The vote, which took place inside Egypt on March 26th to 28th in 27 governorates, was overseen by about 18,000 judges and 110,000 employees.
As per the constitution, al-Sisi is scheduled to be sworn in before parliament in a special session in the first week of June.
Following the announcement of results, al-Sisi thanked his rival, saying that Moussa and his campaign "ran a civilised, patriotic and fair campaign".
"I promise you to work for all Egyptians without discrimination of any type," al-Sisi said in a televised address. "Those who renewed trust and gave me their vote are not different from those who did otherwise."
Completing economic reforms
Gamal Bayoumi, chief of the Arab Investors Union, said that completing economic reforms would top al-Sisi’s agenda in his second term.
"Al-Sisi took a number of daring economic decisions in his first term, including the partial lifting of fuel and commodity subsidies and flotation of the Egyptian pound," Bayoumi told Al-Mashareq.
In spite of these decisions, al-Sisi still enjoys clear and noticeable support, he said, noting that the president must continue with the economic reforms during his second term.
"Arab and foreign investments have recently increased," Bayoumi said, noting that investors "always seek a stable economic and political environment, and this is what has been recently realised".
"Indicators confirm that foreign investments, especially from Gulf countries, will increase over the next two years," he added.