Live Update 
From the Liveblog of
Tuesday, April 5, 2016
From the Liveblog of
Tuesday, April 5, 2016
Saudi inks Egypt oil deal, to spend $1.5b developing Sinai
Add ToI as a Preferred Source on GoogleSaudi Arabia is expected to sign a $20 billion five-year deal to supply oil to Egypt, Reuters reports.
Riyadh and Cairo also agreed to a $1.5 billion development project for the Sinai Peninsula, where Egypt’s army is fighting an insurgency affiliated with the Islamic State jihadist group.
Saudi Arabia’s King Salman is slated to visit Cairo in the coming days, where he will sign the agreements alongside Egyptian President Abdel-Fattah el-Sissi.
If you’d like to comment, join
The Times of Israel Community.
The Times of Israel Community.
JOIN THE TOI COMMUNITY
Already a member? Log in here