Back to the complete issue
Tuesday, 19 December 2017

Egypt a “terrible ally” to US, NYT guest columnists say

Egypt is a “terrible ally” to the US, Andrew Miller and Richard Sokolsky write in a guest editorial for The New York Times, calling for a cut in the military aid package. “American and Egyptian interests are increasingly divergent and the relationship now has far less common purpose than it once did.” Miller and Sokolsky say that Egypt has showed “profoundly unfriendly behavior” when it signed an airbase usage agreement with Russia and for its support of General Khalifa Haftar in Libya. They add: “For too long, the United States has allowed the Egyptian government to treat security assistance as an entitlement owed for making peace with Israel. The United States has not held Egypt accountable for how this money is spent” and that this give Egypt “a free ride on American generosity.”

…Egypt and Russia are deepening their economic ties and are being driven closer because of geopolitical considerations, He Wenping and Hisham Metwally write for Global Times. They point to the agreement between President Abdel Fattah El Sisi and Russian President Vladimir Putin over Jerusalem, the signing of the nuclear power plant agreement, and the potential return of Russian tourists to Egypt.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of HSBC Egypt (tax ID: 204-901-715), the leading corporate and retail lender in Egypt; EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Mashreq (tax ID: 204-898-862), the MENA region’s leading homegrown personal and digital bank; Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt; Hassan Allam Properties (tax ID:  553-096-567), one of Egypt’s most prominent and leading builders; and Saleh, Barsoum & Abdel Aziz (tax ID: 220-002-827), the leading audit, tax and accounting firm in Egypt.