The arrival of Saudi Crown Prince Mohammed bin Salman in Cairo this week brought with it a flurry of diplomatic and economic announcements, including a $10 billion joint fund for the development of a megacity stretching from Saudi Arabia to Egypt, and possibly even Jordan.
While the dollar amount is eye-popping, skepticism is warranted given the number of announced megaprojects in the region that have come to naught. But that doesn’t mean that the crown prince’s decision to stop in Egypt, on a tour that includes London and Washington, is not without importance. ...
Read the full article at World Politics Review.