Home News Unveiling Political Alliances: How the Gaza War Rescued Egypt’s Economy

Unveiling Political Alliances: How the Gaza War Rescued Egypt’s Economy

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Unveiling Political Alliances: How the Gaza War Rescued Egypt’s Economy
Gaza War saved Cairo from its economic crisis."

Watan-The newspaper “Al Arab London,” funded by the UAE in a non-disclosed manner, acknowledged that the Gaza War saved Egyptian President Abdel Fattah el-Sisi’s regime from its economic crisis. This was as he was nearing agreements with the European Union that would serve the agenda of Israeli occupation.

Under the headline “The repercussions of the Gaza War accelerate the partnership between Egypt and the European Union,” the newspaper titled its report by writer Ahmed Gamal, mentioning that the potential repercussions of the war’s expansion in Gaza strengthened the partnership between Cairo and the European Union.

The writer alleged that the European Union fears the situation spiraling out of control and migrants flowing towards its shores without acknowledging the undeniable fact that Europeans execute and support the Israeli agenda regardless of the cost, even if it means making deals with a dictatorial coup regime like that of Abdel Fattah el-Sisi.

False claims about interest in stopping the Gaza war

The article discussed Egyptian-European meetings ostensibly focused on agreements related to the necessity of a ceasefire in Gaza and shared concerns about escalating security conditions in the region and their implications for Europe.

The EU’s Foreign Policy Chief, Josep Borrell, admitted to growing hostility from the Islamic world and beyond towards the European Union, which is seen as biased towards Israel. The EU is accused of double standards regarding its approach to Israel’s war on Gaza compared to events like the Russian war in Ukraine.

Sisi bears the cost of implementing the occupation’s agenda

Officials in the European Commission stated that the Union would provide Egypt with funding amounting to 7.4 billion euros ($8.06 billion) from 2024 to 2027 under an agreement to expand cooperation.

This cooperation, as reported by “Al Arab London,” includes financial assistance of 5 billion euros, investments worth 1.8 billion euros, grants of 600 million euros, and emergency funding of 1 billion dollars as part of the financial aid to revive the collapsing economy of Abdel Fattah el-Sisi’s regime.

Bloomberg Agency had previously confirmed in its report that the European Union aims to support Egypt to alleviate its debt burden, enhance economic capabilities, accelerate efforts to deepen its relations with Egypt, and address the repercussions of the Israeli war on the Gaza Strip.

The support plan includes six priorities to support the economy, investments, migration, security, addressing heavy debt burdens, and supporting digital sectors, energy, agriculture, and transportation.

It seems that this European money is an attempt to rescue the el-Sisi regime, which continues to besiege Gaza, suppress opposition, and eliminate anyone who competes for power or obstructs the implementation of Israeli agendas.

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