Egypt’s dependence on Gulf states intensified alongside its economic difficulties, but increasingly, such assistance has come with demands for structural reforms. Egypt has been the target of criticism by Gulf-based commentators, especially in Saudi Arabia, who berate it for constantly seeking aid.
- Currency devaluation will make Egypt’s exports more attractive, supporting its overall balance of payments.
- Cairo will ensure it remains a valuable mediator in the Palestinian-Israeli conflict.
- Egypt will position itself as a supportive partner in meeting Europe’s energy needs, but it will also maintain strong ties with Russia.
- Egypt will continue to play a major role in Libya.