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Egypt's Sisi welcomes Saudi crown prince
(MENAFN) President Abdel Fattah al-Sisi has welcomed Saudi Arabia's Mohammed Bin Salman in Cairo on Sunday, on his first public trip abroad since he became crown prince last year and made his famous anti-corruption purge, Reuters reports.
The countries signed agreements to "activate" a 60 billion Saudi riyal (USD16 billion) investment fund they agreed to launch in 2016, and another deal on environmental protection, at a short televised ceremony attended by the two leaders. The details of the agreements were not immediately given.
The day before Prince Mohammed's visit, Egypt's top court dismissed all outstanding legal challenges to the deal on the Red Sea islands.
The Saudi visit comes three weeks ahead of an election where previous general Sisi is pursuing a second term. Sisi is guaranteed to win in a vote where authorities have jailed opponents or forced them to halt election campaigns.
As Egypt tries to keep a lid on any internal unrest, it has sided firmly with Saudi Arabia on key foreign policy issues including the face-off between the Sunni kingdom and its Shi'ite arch foe Iran.
Riyadh counts Cairo among its Arab allies. Egypt supports the kingdom in a war against Yemen, aimed at regaining power to Saudi ally, resigned Abd Rabbu Mansur Hadi, also, Egypt joined a trade and diplomatic boycott of Qatar last year.
The countries signed agreements to "activate" a 60 billion Saudi riyal (USD16 billion) investment fund they agreed to launch in 2016, and another deal on environmental protection, at a short televised ceremony attended by the two leaders. The details of the agreements were not immediately given.
The day before Prince Mohammed's visit, Egypt's top court dismissed all outstanding legal challenges to the deal on the Red Sea islands.
The Saudi visit comes three weeks ahead of an election where previous general Sisi is pursuing a second term. Sisi is guaranteed to win in a vote where authorities have jailed opponents or forced them to halt election campaigns.
As Egypt tries to keep a lid on any internal unrest, it has sided firmly with Saudi Arabia on key foreign policy issues including the face-off between the Sunni kingdom and its Shi'ite arch foe Iran.
Riyadh counts Cairo among its Arab allies. Egypt supports the kingdom in a war against Yemen, aimed at regaining power to Saudi ally, resigned Abd Rabbu Mansur Hadi, also, Egypt joined a trade and diplomatic boycott of Qatar last year.
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