Egypt and Saudi’s close ties are the theme of the morning in state-owned newspapers, with an invitation from Saudi Arabia’s King Salman to President Abdel Fattah El Sisi to attend an Organization of Islamic Cooperation summit topping the front pages of Al Ahram, Al Gomhuria, and Al Akhbar. In a meeting with Saudi Ambassador to Egypt Osama Bin Ahmed, El Sisi reaffirmed Egypt’s solidarity with the kingdom against any efforts to shake its stability.
More from Enterprise
How correspondent banking works, and what the FinCEN clampdown on Banque Misr UAE means for business
As FinCEN proposes cutting Banque Misr’s UAE branches from USD…
Inside the financing of Egypt’s IPP boom
The contracts and the resources are proven, so the open…
FRA and EGX eye law change to let LLCs and partnerships set up investment funds
Regulators want to keep Egyptian money from setting up funds…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…