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Egypt Parliament Authorizes Sisi to Aid Saudi Arabia
By Drooid · · How we work
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Saudi deposits exposure
- Egypt's parliament on Monday, Oct 26 2026, authorized President Abdel Fattah al-Sisi to provide military support to Saudi Arabia if requested.
- Critics warned the mandate could invite retaliation and deepen Egypt’s strained economy and food-import needs, after a Houthi strike killed Egyptian flight attendant Azza Ramzy.
- Saudi Arabia’s $10.3 billion deposits equal roughly one-third of Egypt’s $57 billion foreign-currency reserves.
- The Egyptian Social Democratic Party abstained while Egypt created crisis unit to keep Bab al-Mandeb open.
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