We need to pay attention to what is happening in Egypt. It could that the developments will be positive for the "Israel-moderate Arab" group!
After the huge deal that was signed at the end of the week, according to which the Emirates will pour 35 billion dollars into the "Ras Al-Hakhma" project, now there are reports that the Saudis are entering the picture.
According to the same reports, the Saudis, through their sovereign wealth fund, are interested in a deal similar to that of the Emirates, but for them it is the "Ras Jamila" project in the Sharm el-Sheikh area.
It is about the development of an area of about 860 thousand square meters. According to estimates, it is about a possible Saudi investment of billions of dollars.
If this does come true, it seems that the Gulf countries have made a decision to get Egypt out of the economic mire it has sunk into, and the timing may not be accidental.
The networks believe that there is a deeper story here related to the war in Gaza and Egypt's willingness to promote solutions for taking in displaced persons from the Gaza Strip, even temporarily, something that the authorities vehemently deny.