Egypt at a crossroad between the Mediterranean and the Saudi finance
EFD Senior Fellow Valentina Colombo writes about the recent visit of the King of Saudi Arabia to Egypt, which resulted in a series of investment agreements between the two countries. The reason Egypt is agreeing to these accords, some widely contested by the Egyptian population, writes Colombo, is the result of a growing internal weakening of El Sisi, one that was also visible while handling the Italian case of the murder of Regeni; an act of rigidity and closure. Egypt must now decide: either aim at a short term policy dictated by fear or at a long term one to try to avoid getting weaker by the day.
This article is in Italian and can be read here.