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Report: Saudi Arabia paid Egypt $25bn for Red Sea islands

Image of Egyptian President Abdel Fattah Al-Sisi on 5 April 2017 [Jim Mattis/Flickr]
Image of Egyptian President Abdel Fattah Al-Sisi on 5 April 2017 [Jim Mattis/Flickr]

An Israeli report claimed that Saudi Arabia has paid Egypt $25 billion to give up the Red Sea islands of Tiran and Sanafir.

The Jewish Policy Centre claimed that Egyptian President Abdel Fattah Al-Sisi has received the money in the form of aid over the past few years.

“Sisi ratified the treaty after Egypt’s legislative and constitutional committee held three closed meetings earlier this month. The secretiveness of the meetings drew criticism from other unnamed parliamentarians, arguing that the committee was colluding against the will of Egyptians. The whole parliament approved the agreement on June 14,” the report said.

Read: Mubarak agreed to transfer Red Sea islands to Saudi

The report accuses Al-Sisi of “selling” Egypt to Saudi Arabia, which supported Cairo with aid totalling over $25 billion in the recent years.

#RedSeaIslands

An Egyptian lawmaker who voted against the agreement said “the people did not elect us so that we give up their land,”

Meanwhile, former presidential candidate, Khalid Ali has filed a lawsuit before the Administrative Court to halt the implementation of the agreement.

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