domingo, 10 de abril de 2016

Egypt and Saudi Arabia will build a bridge to unite Africa to Asia.

For the King Salman, Saudi Arabia, the work will be "a historic step" because it will unite Africa to Asia. The Egyptian President, Abdelfatah al-Sisi, suggested that the bridge has the name of the King of Saudi Arabia, a country that is one of the main financiers of Egypt.

Not the first time this idea has been floated â€"â€" Saudi Arabia and Egypt to build bridge over the Red Sea AFP

At the same time, Saudi sources, quoted by Reuters, claim that financial aid to Egypt will no longer be the "lost" to take the form of loans, now that Saudi Arabia is grappling with the negative effects of low oil prices. The "change in strategy (...) It is important for Saudi Arabia, because it diversifies the sources of income ", added the same source.

The Saudi King began Thursday, a five-day visit to Egypt. On the second day of the trip were signed 20 agreements and memorandums of understanding in various fields of interest of the two allies. Total value of the agreements: 590 million dollars, about 517.5 million euros, reported Egypt's cooperation Minister.

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