• Saudi Arabia was offended by Egypt's support for Russia's resolution on Syria

  • The relations between Saudi Arabia and Egypt have deteriorated markedly after the Cairo supported the Russian resolution on Syria during voting in the UN Security Council. About it reports The Daily Telegraph.

    We are talking about voting on 9 October, then for the Russian project was supported, in addition to Egypt, China, Venezuela and Russia itself. As specifies the edition, Riyadh, the key investor in the Egyptian economy, invested in her more than 25 billion dollars, openly expressed his displeasure. Soon after the vote the Ambassador of Saudi Arabia was for three days, recalled home, and the Saudi state company Aramco has postponed the shipment of 700 thousand tons of oil planned to be sold to Egypt at a discount.

    In Saudi media launched a campaign of criticism of Egypt and President Abdel Fattah al-Sisi. The head of the Organization of Islamic cooperation, a Saudi Iyad Ibn Amin Madani insulted the head of the Egyptian state. However, after Egypt's foreign Ministry expressed protest and promised to reconsider principles of relations with the OIC, Madani on Monday, October 30, resigned "for health reasons".

    The Egyptian economy depends on Saudi financial aid. Over the past year, inflation has doubled and reached 14.6 percent. Cairo is awaiting a loan from the IMF of 12 billion dollars, the terms of which will likely be reducing subsidies to domestic consumers, which could cause political instability.


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