Egyptian billionaire Naguib Sawiris, the chairman of Orascom Telecom Holding SAE, said the appointment of Omar Suleiman as the nation’s vice president by President Hosni Mubarak may not be enough to satisfy protesters.
“I think it is not enough,” Sawiris said in a telephone interview today from Egypt. “It’s a good step because the gentleman, Mr. Suleiman, has a very good international reputation. He is from the system so he can at least ensure that the current transition to a more democratic regime can happen.”
Suleiman’s appointment yesterday makes him the first vice president since Mubarak’s ascension to power in 1981. The move came as thousands of protesters congregated in central Cairo, defying a military-imposed curfew, and looting erupted in several cities. Mubarak also named Aviation Minister and former air force commander Ahmed Shafik as prime minister to replace Ahmed Nazif, who resigned yesterday at Mubarak’s request.
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