Egypt’s Sisi seeks to damp down media frictions with Saudi Arabia | Hatem Maher
- Date: 10-Feb-2023
- Source: Arab Weekly
- Sector:Financial Markets
- Country:Egypt
Egypt’s Sisi seeks to damp down media frictions with Saudi Arabia | Hatem Maher
CAIRO-
Egyptian President Abdel Fattah al-Sisi sought on Thursday to play down a rare media spat with Saudi Arabia, which recently signalled greater conditionality over financial backing to allies such as Egypt.
Saudi Arabia along with other energy-rich Gulf states has long provided crucial funding to Egypt, upping support after Sisi took power nearly a decade ago and as an acute financial crisis took hold last year.