- Islamists in Egypt warn of backlash
- Mursi sentenced to death
- Security is central to the governments ability to provide the stable investment landscape following the investment conference in March
Egyptian Islamists have warned of a backlash following Mohamed Mursis sentencing to death by an Egyptian court on 16 May.
The political wing of the banned Muslim Brotherhood released a statement claiming that the court case against Mursi was a farce led by the military, facilitated by the corrupt media, and implemented by a corrupt judiciary.
The statement went on to say, the military coup and its leader will pay a heavy price for their crimes against the Egyptian people and their elected leadership.
According to local media reports, other groups such as the Sinai-based Ansar Bait al-Maqdis have warned Cairo of retaliation to Mursis sentencing.
Mursi was sentenced to death for his involvement in a mass prison break in 2011. Egypts Grand Mufti will be asked for his opinion on the death sentence and the verdict is then open for appeal.
The death penalty follows Mursi being sentenced in late April to 20 years in prison over the death of protesters in 2012.
In light of the sentencing, security remains a priority for a government desperately trying to restore stability and confidence for both citizens and international investors alike.
In March, with the support of the UAE and Saudi Arabia, President Abdul Fattah al-Sisi invited the international investment community to Egypts Economic Development Conference (EEDC) in an attempt to re-introduce the countrys ailing economy to the business world.
Security will be central to the governments ability to provide the stable investment landscape promised during the three day conference in March.
Security fears dampen Egypt optimism
With $130bn worth of investments pledged, Egypt must tackle the security situation to ensure projects go ahead and confidence returns
While Egypt remains relatively stable compared with neighbouring Libya and other countries across the region such as Syria, Iraq and Yemen, it has struggled to alleviate attacks that may deter foreign investors.
The rise of Islamic extremism over the past three years has exposed significant political fault lines in the region. As such, during the EEDC Saudi Arabia, Kuwait and the UAE pledged $4bn each to Egypt, while Oman promised $500m. Qatar, which was a prominent supporter and financier of ousted Muslim Brotherhood president Mursi, was conspicuous by its absence from the stage in Sharm el-Sheikh.
Egypt has the support of GCC powerhouses Saudi Arabia and UAE in fighting the threat of violent extremism, a notion that has provided Al-Sisi with the confidence to step up a domestic campaign against terrorism. Read more