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CAIRO (AP) — Saudi Arabia’s Crown Prince Mohammed bin Salman arrived in Cairo on Monday on the primary leg of a Center East tour that comes forward of U.S. President Joe Biden’s journey to the area subsequent month.
President Abdel Fattah el-Sissi of Egypt obtained bin Salman on the airport, a courtesy to the de-facto chief who’s a gentle monetary backer of the Egyptian authorities, in response to the Egyptian presidency.
Each leaders are scheduled to carry talks within the nation’s presidential palace in Cairo on Tuesday. The Saudi crown prince, who is usually referred to by his initials MBS, will then depart to Jordan for talks with its monarch, King Abdullah II, additionally a detailed ally of Saudi Arabia.
Bin Salman is then scheduled to journey to Turkey to fulfill with President Recep Tayyip Erdogan, who visited Saudi Arabia in April for the primary time in 5 years as the 2 nations restore ties. Saudi-Turkey relations frayed following the 2018 killing of Saudi journalist Jamal Khashoggi within the kingdom’s Istanbul consulate.
The crown prince’s talks in Cairo and Amman purpose at coordinating their positions on key points, Saudi officers informed The Related Press final week forward of a joint summit with President Joe Biden in Jeddah subsequent month. The summit will even embrace Iraq’s prime minister and different Gulf leaders. The officers spoke on situation of anonymity to debate particulars of the tour.
Biden is scheduled to go to Saudi Arabia on the tail finish of his July 13-16 Center East journey that features stops in Israel and the occupied West Financial institution. He’ll maintain talks with the crown prince as a part of an effort to reset U.S.-Saudi ties. The administration may use assist from the oil-rich kingdom to alleviate hovering costs on the pump for motorists at dwelling and across the globe.
Egypt is probably the most populous nation within the Arab world and Saudi Arabia one of many wealthiest. They tightened their longstanding alliance after el-Sissi, then the protection minister, led the navy overthrow of an elected Islamist president in 2013 amid standard protests in opposition to his divisive one-year rule. Since then, Riyadh has offered tens of billions of {dollars} in help and funding which helped float the Egyptian financial system.
Earlier this yr, Saudi Arabia, Qatar and the United Arab Emirates pledged a complete of $22 billion within the type of deposits and direct investments in Egypt in a bid to stabilize its battered financial system after Russia’s invasion of Ukraine. The warfare in Europe has rattled the worldwide financial system and triggered oil costs to soar, its ripples have been felt in nations all over the world.
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