Two sides of a crisis

It’s a quiet morning in the foreign press as far as Egypt is concerned: Bloomberg is out with a piece that juxtaposes the opportunities and the dangers for Egypt that have been brought about by the war in Ukraine. On the one hand: Becoming a top 10 gas exporter and crucial supplier to Europe. On the other: Rising food insecurity and economic instability. Meanwhile, an opinion piece in the Hill says that reports that the Biden administration is working with Egypt and Saudi Arabia to finalize the transfer sovereignty of the Tiran and Sanafir islands to Riyadh would be a “major breakthrough” for the US president, and one that could allow Israel and Saudi Arabia to normalize relations.