Egypt at a crossroad between the Mediterranean and the Saudi finance

28 April 2016

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.