A still photo of Egypt's President Abdel Fatah El-Sisi attending the Police Academy graduation ceremony on Sunday
El-Sisi's remarks came during his speech at the graduation ceremony of a new class from the Police Academy on Sunday.
During his speech, President El-Sisi posed the question: "Should the current situation make the Egyptian people anxious?", only to answer by saying "Without a doubt, we should be concerned because the developments are serious and could expand the conflict in the region, impacting stability."
Geopolitical tensions have risen in the Middle East since 7 October. The situation has worsened now that a war between Israel and Lebanon's Hezbollah broke out, culminating in the assassination of many Hezbollah leaders, including its chief, Hassan Nasrallah.
El-Sisi reiterated that Egypt has adhered to a balanced, moderate, and objective policy for years, especially amid the current circumstances on its western, southern, and eastern borders.
He noted that he had warned that if these conditions persist, they could lead to severe consequences for the region and the world.
Furthermore, El-Sisi reassured the Egyptian people about the economic situation, saying, "We are fine, and things are stable and improving."
He, however, stressed that such stability will continue as long as Egypt remains united, stable, and confident that the way it manages its affairs preserves the country and the region.
Moreover, El-Sisi pointed out that Egypt has lost between 50 to 60 percent of its Suez Canal revenue, amounting to more than $6 billion over the past eight months.
Recently, Osama Rabie, Chairman of the Suez Canal Authority (SCA), revealed that the canal's revenues dropped to $7.2 billion in FY2023/2024 from $9.4 billion in FY2022/2023.
Rabie also noted that the canal’s revenues have been severely impacted by disruptions in the Red Sea due to attacks by Yemen's Houthi group on ships.
Graduation Ceremony
At the outset of the ceremony, cadets held parades demonstrating their combat skills in handling various targets.
The graduates then swore an oath before the president to uphold the law and constitution while safeguarding the homeland and the Egyptian people.
Upon arrival, the president was welcomed by Prime Minister Mostafa Madbouly, Minister of Interior Mahmoud Tawfiq, state officials, members of the Supreme Council of Police, and several academy leaderships.
El-Sisi congratulated the new officers, awarding the Second Class Medal of Honour to the top graduates from the Police Academy, the Graduate School, and the Police Research Centre. The graduates included besides Egyptian Arab and African students.
Addressing the ceremony, El-Sisi greeted the graduates' families, thanking them “for having raised their children well and prepared them thoroughly to participate here in safeguarding Egypt's security and stability."
He concluded his speech by urging the graduates to take care of themselves and their families, wishing them continued success.
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