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Once allies, Cairo wrestles Abu Dhabi for influence in the Middle East

Follow Updated: Jan. 10, 2021 Egyptian President Abdel-Fattah al-Sissi said he wouldn’t attend the summit of Gulf Arab leaders in Saudi Arabia this week marking the end of the regional dispute with Qatar. He sent Foreign Minister Sameh Shoukry, who lauded the agreement with faint praise. Sissi wasn’t pleased with some of the accord’s clauses, which he sees as exaggerated concessions to Qatar and something even harmful to Egypt’s interests. The Egyptian media reported that Sissi was especially incensed by the dropping of the demand to shut down Al Jazeera and the revoking of the condition that Qatar must stop supporting the Muslim Brotherhood.

Egypt thaws relations with Qatar after long-running feud

Egypt thaws relations with Qatar after long-running feud
al-monitor.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from al-monitor.com Daily Mail and Mail on Sunday newspapers.

How the UAE is buying Egypt

Fears from parents that the UAE was trying to shape the next generation of Egyptians through their textbooks were overblown. But the UAE may be able to shape a new Egyptian elite through schools

News Analysis: Selling ownership of Egyptian army-held firms helps achieve structural reform for economy: experts - World News

2021-01-07 16:05:46 GMT2021-01-08 00:05:46(Beijing Time) Xinhua English by Marwa Yahya CAIRO, Jan. 7 (Xinhua) Egypt is considering selling the ownership of some army-held companies, a move that will help achieve the structural reform for the economy, experts said. It s a significant potential opening for private investment in part of the economy, Waleed Gab-Allah, a professor of economic jurisdictions with Cairo University, told Xinhua. The move will activate the stock exchange, because the army firms are believed to be profitable and will definitely lure new investments, he said. Egyptian Planning Minister Hala al-Saaed said on Sunday that the military plans on selling two companies, the oil distribution company Wataniya Petroleum which runs a network of petrol stations across the country, and bottled-water maker Safi.

Newspapers review: President Abbas reaction to GCC-Qatar agreement focus of dailies

Newspapers review: President Abbas’ reaction to GCC-Qatar agreement focus of dailies RAMALLAH, Wednesday, January 06, 2021 (WAFA) – President Mahmoud Abbas’ reaction to the agreement reached between Saudi Arabia and its Arab allies with Qatar dominated the front page headlines in Wednesday’s issue of the three mainstream Palestinian Arabic dailies. Al-Quds reported in bold red font that Al-Ula Summit, held in Saudi Arabia, turned the page on the Gulf crisis, and affirmed the centrality of the Palestinian question. The dailies said that President Mahmoud Abbas welcomed the outcomes of the summit and highly appreciated its provisions on the Palestinian question in the final communiqué.

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