Political Risk

Backing Egypt’s generals, Saudi Arabia promises to fill financial void

“Saudi Arabia is emerging at the forefront of a forceful effort by Persian Gulf monarchies to back Egypt’s new military leaders, exacerbating a fierce struggle for influence in the chaotic and increasingly leaderless Arab world and putting the Saudis at odds with the United States, a long-standing ally.”

Source: Backing Egypt’s generals, Saudi Arabia promises to fill financial void – The Washington Post

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