A presidential decision released in writing on Friday is causing a stir in Egypt.
President al-Sisi's decision deviated three areas in southern Sinai from the "Integrated Development Peninsula of the Sinai Peninsula" regulations.
In order not to complicate matters too much according to the new decision, foreign investors can now invest in companies that develop the Dahab, Sharm el-Sheikh and Aqaba Bay areas. Until now these areas were outside the domain and under the complete control of the army in Egypt.
This decision created a great commotion on social media. It is claimed that the fact that it was published a day after Prime Minister Bennett's summit with al-Sisi and the regent of the Emirates "proves" that the Egyptian president "sells" Sinai to Israelis and the emirates.
Others have argued that the possibility for foreign investors to operate in these three areas in Sinai is now part of the economic cooperation being forged between Israel, Egypt and the Emirates in the peninsula.