Saudi Crown Prince Mohammed bin Salman arrives in Egypt at start of regional tour


Hamza Hendawi
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Saudi Crown Prince Mohammed bin Salman arrived in Cairo on Monday, the first stop of a regional tour that will also take him to Jordan and Turkey, Egyptian officials said.

Egypt's President Abdel Fattah El Sisi received Prince Mohammed at Cairo International Airport. They will hold talks at Ittihadiya presidential palace on Tuesday morning.

The official Saudi Press Agency earlier reported that the Crown Prince was headed to Cairo on Monday.

Tuesday's talks between Prince Mohammed and Mr El Sisi will cover the impact of the war in Ukraine on the region, as well as preparations for US President Joe Biden's trip to Saudi Arabia next month, the officials said.

Mr Biden will hold talks with Saudi King Salman and Prince Mohammed during his visit on July 15 and July 16.

He will also meet leaders of the other five members of the GCC — the UAE, Kuwait, Bahrain, Qatar and Oman — as well as Mr El Sisi, Iraqi Prime Minister Mustafa Al Kadhimi and Jordan's King Abdullah II.

  • Saudi Crown Prince Mohammed bin Salman, right, is greeted by Egypt’s President Abdel Fattah El Sisi in Cairo. AP
    Saudi Crown Prince Mohammed bin Salman, right, is greeted by Egypt’s President Abdel Fattah El Sisi in Cairo. AP
  • The Saudi prince began a two-day visit to Egypt on Monday. AFP
    The Saudi prince began a two-day visit to Egypt on Monday. AFP
  • Prince Mohammed will also visit Jordan and Turkey. EPA
    Prince Mohammed will also visit Jordan and Turkey. EPA
  • Prince Mohammed, left, and Abdel Fattah El Sisi. EPA
    Prince Mohammed, left, and Abdel Fattah El Sisi. EPA

Talks between the US president and the Saudi leaders in the Red Sea city of Jeddah are expected to cover the energy crisis, the wars in Ukraine and Yemen, food security, the Iran nuclear file and cybersecurity.

Crown Prince Mohammed's visit to Egypt follows a meeting on Sunday between the leaders of Egypt, Bahrain and Jordan at the Egyptian Red Sea resort city of Sharm El Sheikh, where they discussed the coming talks with the US president in Saudi Arabia.

Regional powerhouses Egypt and Saudi Arabia have been close allies for decades. Riyadh has poured billions of dollars' worth of aid and investment into Egypt since Mr El Sisi took office in 2014.

The latest batch of Saudi economic aid came in March, when Riyadh deposited $5 billion in Egypt's central bank to help the most populous Arab nation, with 103 million people, weather the damage wrought on its economy by the war in Ukraine.

The Saudi-based International Islamic Trade Finance Corporation has provided Egypt with finance for commodity imports. Egypt's government has said co-operation with the Saudi sovereign wealth fund will result in $10bn in investments.

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Canadians living in the UAE can register to vote online and be added to the International Register of Electors.

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He said the company prioritised safety throughout its development and, last year, Munich Re, one of the world's largest reinsurance companies, announced it was ready to insure their technology.

“Our levitation, propulsion, and vacuum technology have all been developed [...] over several decades and have been deployed and tested at full scale,” he said in a statement to The National.

“Only once the system has been certified and approved will it move people,” he said.

HyperloopTT has begun designing and engineering processes for its Abu Dhabi projects and hopes to break ground soon. 

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Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

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Your UK residence status is assessed using the statutory residence test. While your residence status – ie where you live - is assessed every year, your domicile status is assessed over your lifetime.

Your domicile of origin generally comes from your parents and if your parents were not married, then it is decided by your father. Your domicile is generally the country your father considered his permanent home when you were born. 

UK residents who have their permanent home ("domicile") outside the UK may not have to pay UK tax on foreign income. For example, they do not pay tax on foreign income or gains if they are less than £2,000 in the tax year and do not transfer that gain to a UK bank account.

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Updated: June 21, 2022, 5:44 AM