Egypt’s military-backed interim leader named a new prime minister and won $8 billion in promises of aid from wealthy Arab allies in the Gulf on Tuesday in moves aimed at stabilizing a political transition less than a week after the army deposed the Islamist president.
The armed forces warned political factions that “maneuvering” must not hold up its ambitious fast-track timetable for new elections next year. The sharp message underlined how strongly the military is shepherding the process, even as liberal reform movements that backed its removal of Mohammed Morsi complained that now they are not being consulted in decision-making.
The Muslim Brotherhood denounced the transition plan, vowing to continue its street protests until ousted Morsi, the country’s first freely elected president, is returned to power.
The appointment of economist Hazem el-Beblawi as prime minister, along with the setting of the accelerated timetable, underlined the military’s determination to push ahead in the face of Islamist opposition and outrage over the killing of more than 50 Morsi supporters on Monday.
Saudi Arabia and the United Arab Emirates provided a welcome boost for the new leadership. The two countries, both opponents of Morsi’s Muslim Brotherhood, celebrated his ouster by showering the cash-strapped Egyptian government with promises of $8 billion in grants, loans and badly needed gas and oil.