Last Night’s Talk Shows: Rolling out the red carpet for MbS
Leading the airwaves yesterday: Everyone’s getting excited about Saudi Crown Prince Mohammed bin Salman’s visit, with coverage from El Hekaya (watch, runtime: 8:26), Masa’a DMC (watch, runtime: 2:09), and Kelma Akhira (watch, runtime: 1:32) after MbS touched down yesterday evening.
Does MbS’ visit herald more Saudi money coming our way? It does according to Abdel Hamid Abu Moussa, head of the Saudi-Egyptian Business Council, who told Kelma Akhira (watch, runtime: 1:57) ahead of the council’s meeting today that he expects more KSA investment to come soon.
Trade between Egypt and Saudi Arabia jumped 62.1% in 2021 to USD 9.1 bn, up from USD 5.6 bn a year earlier, state run MENA agency reported, citing data from official statistics agency CAPMAS. Saudi Arabia is the largest Arab investor in Egypt, Abu Moussa said (watch, runtime: 2:20).
Also getting a mention: The crackdown on encroachment continues. The government will take away the right to subsidized foods and fertilizers from over 8k citizens for illegally building on agricultural land, Kafr El Sheikh Governor Gamal Nour El Din told Al Hayah Al Youm (watch, runtime: 3:54).