A political research entitled “The Tripartite Summit in Sharm El-Sheikh, Motives and Repercussions” considered that the Zionists, represented by Prime Minister Naftali Bennett and the leadership of the counter-revolution represented by the ruler of Abu Dhabi and its Crown Prince Mohammed bin Zayed, met with Sisi in Sharm El-Sheikh during March 21 and 22, 2022, for four reasons, the most prominent of which is to save The economic stumble in which the leader of the coup, Abdel Fattah Al-Sisi, and the military gang that seized power in Egypt in July 2013 fell.
The Egyptian economy
The research published by Al-Share Al-Siyasi website indicated that “the catastrophic situation in which the Egyptian economy is exposed, which may produce revolutions and protests against the Sisi regime, and accordingly both the UAE and Israel rushed to extend a helping hand to its ally, Sisi.
The research indicated that “when Abu Dhabi pumps more investments into the Egyptian market to compensate for the flight of foreign investments from Egypt, Israel is mediating with international donor institutions to facilitate Egypt’s obtaining new loans.”
She added, “This did not prevent the two countries from seizing the opportunity to pressure Cairo to accept a set of joint projects between Abu Dhabi and Tel Aviv, which Cairo was opposed to.”
Abu Dhabi Fund
From this aspect, the research drew attention to agreements concluded by a wealth fund in Abu Dhabi with Egypt to invest about two billion dollars by buying shares owned by the Egyptian state in some companies, according to what was reported by the American Bloomberg Agency, and that part of the agreement with the fund involves the purchase of about 18% From the Commercial International Bank (CIB), which is one of the largest and most successful Egyptian banks. The fund will also buy stakes in four other companies listed on the Egyptian Stock Exchange, including Fawry, which is the main provider of electronic payment service in the country, and has great importance in the Egyptian economy and national security. .
He added that Aldar Real Estate Company SAOG, with the support of Alpha Abu Dhabi Holding Company SAOG, to purchase an Egyptian development company known as SODIC, and the agreement also includes the acquisition of the Egyptian government’s stakes in Abu Qir Fertilizers and Chemical Industries, Egypt to produce Fertilizers «MOPCO» and Alexandria Container and Cargo Handling.
The research indicated that “the UAE is one of the largest economic supporters of the Sisi regime, as it provided much-needed economic support in the form of investments or other assistance, and Egypt and the UAE established a joint strategic platform worth $20 billion in 2019 to invest in a range of sectors and assets, which are managed through The Egyptian Sovereign Wealth Fund.
The research linked the economic support that Israel can provide to the Sisi regime, and the Sharm el-Sheikh summit coincided with the announcement of the International Monetary Fund, on March 23, that Egypt requested its support to implement its comprehensive economic program.
He added that Israel might contribute to reviving tourism in Egypt, and in this context, Sisi and Bennett had previously agreed, in their meeting held last September in Sharm El-Sheikh, to establish a direct flight between Ben Gurion International Airport and Sharm El-Sheikh that would enhance tourism, As flights from Israel to Sharm el-Sheikh will resume, this comes, among other things, against the backdrop of Egyptian concern over the loss of Russian tourism, which made up a large volume of tourism in the Sinai.
Thirdly, the research showed that “the meeting will deal with cooperation in the field of gas, especially the Egyptian capabilities in liquefying gas and exporting it abroad, as it is expected that cooperation will be intensified in the gas file, so that Israel increases the quantities it supplies to Egypt, and the latter will liquefy it, and then sell it to Europe, in light of the demand.” The European Union is seeking alternatives to Russian gas, and this may require the development of the infrastructure to liquefy gas in Egypt.”
The research said that “the meeting touched upon – as expected – a solution to the crisis of halting reconstruction projects in Gaza, where the sector is witnessing a sharp decline in stocks of cement and building materials, in light of the Egyptian side imposing restrictions on its exports of building materials to Gaza, which prompted the Contractors Union To the announcement of the suspension of the implementation of contracted projects and projects under implementation, after the prices of building materials jumped to more than 30%.
The research warned that Cairo’s failure to respond to the demands of the resistance movements in Gaza, led by Hamas, would undermine the truce understandings, which worries the Israeli side, which seeks to maintain the state of calm in order to devote itself to confronting Iran.
The research pointed out that it was proposed to allocate 42 million dollars for the development and repair of transportation and communication lines and the transfer of energy between Egypt and the Gaza Strip, over a period of 5 years and within the framework of three phases, and to enable the Palestinians to purchase energy of all kinds from Egypt at competitive prices, and to support Egypt’s ability to produce electrical energy Improving the quality of the product supplied to Gaza and working on its permanence. It was also proposed to allocate half a billion dollars to support Egyptian efforts to establish and develop the Suez Canal Economic Zone, increase projects, factories and logistic areas in it, and allocate a percentage of employment in it to the Palestinians.
The research expected that “there will be understandings between the three countries on a plan for economic projects in the North Sinai Governorate, near the border with the Gaza Strip, regarding the establishment of an industrial city. The Palestinians in the Gaza Strip, by linking any agreement between them and the Israelis to economic gains, that would ensure the continuity of the agreement and not collapse at any time, provided that the mechanism for controlling these projects would be through Egypt and Israel, and of course the Gulf financier represented in the UAE, and not in the hands of the Palestinians themselves. .
deal of the century
The research indicated the launch of “security negotiations between delegations from Egypt and Israel, in order to establish an industrial zone near the border with Gaza, within the framework of the facilities aimed at alleviating the difficult living situation of the residents of the Strip, and employing its children, in the context of moving forward with agreements that would contribute to In reaching a long-term truce agreement between the occupation and the Gaza factions.
He pointed to the Egyptian steps in this framework, which included the construction of the first power generation and production station in Al-Arish, North Sinai, with a total capacity of 250 megawatts.
She added, “According to the economic part of the Deal of the Century (former US President Donald Trump’s plan to liquidate the Palestinian cause), which was announced in a workshop held in the Bahraini capital, Manama, in June 2019, Egypt, if the deal goes ahead, will get $9.167 billion of the value of the money within the framework of the deal. The deal is implemented, ranking second after the Palestinian territories, which will get $27.8 billion, and ahead of Jordan, which will get $7.365 billion, and Lebanon, which will get $6.325 billion.
The research said, “Half a billion dollars will be allocated to develop energy facilities and facilities in Sinai and make its cities viable and attractive for investment, as well as half a billion dollars will be allocated to develop water facilities and facilities in Sinai to attract more investment and sustainable manpower, in addition to allocating half a billion dollars to establish a road network. Integrated between the cities of Sinai to strengthen the infrastructure that attracts investment, and finally allocate half a billion dollars to support tourism projects in South Sinai on the Red Sea coast.
And about other regional motives for the meeting of the trio of counter-revolution and the Zionists (Sisi-Ben Zayed-Benit) in Sharm El-Sheikh, including confronting the Iranian threat, and the entity’s fear of Tehran’s regional influence, and the growth of its non-nuclear military capabilities, knowing that the latter represents the real threat, the most present and influential The Hebrew entity and its allies.
The research said that “the Gulf and the three countries are afraid of reviving the Iranian nuclear agreement between Tehran and the Western powers, especially in light of the American desire to lift sanctions on Iranian gas to replace Russian gas for Europe, as well as oil to reduce its prices; Which means enabling Tehran from oil and gas revenues to spend on its arms and threatening the security of the region.”
Russia and China
The research indicated that the meeting included the transfer of the entity to the Gulf Washington’s fears of the growing relations of the Gulf partnership with Russia and China, in an unusual defiance of the United States.
She added that Riyadh and Beijing held talks in order to price some Saudi oil exports to China in yuan, instead of the dollar, and this step would weaken the US currency, especially since oil pricing in dollars is one of the forces of the green currency in the global trading market.
And that Abu Dhabi’s positions did not differ much from Riyadh, but were the most prominent in some stations, especially since it currently occupies a non-permanent seat in the Security Council, and twice abstained from voting in favor of a resolution calling on Russia to stop its military operations in Ukraine, but it voted in the United Nations General Assembly in favor of this resolution. However, this did not affect its relations with Russia, and this was evident during the visit of UAE Foreign Minister Abdullah bin Zayed to Moscow on March 17, and the hospitality he received from his Russian counterpart, Sergey Lavrov, and his country’s aspiration to expand the horizons of cooperation with Moscow in the field of energy.
The research said that “the main obstacle to this alliance is the Egyptian position that refuses to join any military alliance against Iran.”
The position on Syria
The research considered that the tripartite meeting touched upon the UAE’s reception of Assad in the context of a number of contexts, including; Seeking to weave balanced relations on the international level by the Gulf states, especially with Russia; Against the background of the differences between Washington and the Gulf states – which were explained above – UAE Foreign Minister Sheikh Abdullah bin Zayed visited Moscow and met with his Russian counterpart, Sergey Lavrov, one day before Assad’s visit to Abu Dhabi.
She added that the UAE views Russia as an important player in the Middle East for years to come, and an external power whose policies can be more predictable than the United States.
She pointed to Syria achieving a set of advantages from the Emirati openness to it, represented in lifting the Arab isolation imposed on the Syrian regime and the possibility of its return to the Arab League, in addition to the possibility of the Gulf countries participating in the reconstruction process, as well as the possibility of the UAE playing a role in mitigating and limiting Israeli strikes inside the territories. Syria in light of Abu Dhabi’s strong relationship with Tel Aviv.
Source: بوابة الحرية والعدالة by fj-p.com.
*The article has been translated based on the content of بوابة الحرية والعدالة by fj-p.com. If there is any problem regarding the content, copyright, please leave a report below the article. We will try to process as quickly as possible to protect the rights of the author. Thank you very much!
*We just want readers to access information more quickly and easily with other multilingual content, instead of information only available in a certain language.
*We always respect the copyright of the content of the author and always include the original link of the source article.If the author disagrees, just leave the report below the article, the article will be edited or deleted at the request of the author. Thanks very much! Best regards!