Saudi writer says Egypt ‘on verge of bankruptcy’, should solve own problems

June 22nd, 2022

Awake Goy

An Egyptian cattle trader counts his money at the Ashmun market in Egypt's Menufia Governorate on August 15, 2018, [MOHAMED EL-SHAHED/AFP via Getty Images]

Saudi Arabian political analyst and journalist, Turki Al-Hamad, said Egypt is on the verge of bankruptcy and should solve its own crises instead of calling on Gulf countries to save it. The Saudi writer made the remarks on his Twitter account, following an article published by Egyptian journalist, Imad Al-Din Adeeb, in which he called on the Gulf countries to provide substantial assistance to his country in order to overcome deteriorating economic conditions. Egyptian President, Abdel Fattah Al-Sisi, has also made similar remarks and called on Saudi Arabia and the UAE to convert their "deposits" in Egypt into investments. Responding to the Egyptian journalist's article, Al-Hamad said in a post on Twitter "Why does not Egypt solve its crisis by […] Source

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