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Egypt, Saudi Arabia to construct Red Sea bridge

King Salman and President Sisi signed eight agreements in different fields ranging from housing to electricity

Ahram Online , Saturday 9 Apr 2016
Sisi and Salman
A handout picture released by the Egyptian Presidency on April 7, 2016 shows Egyptian President Abdel Fattah al-Sisi (R) meeting with Saudi King Salman bin Abdulaziz in the capital Cairo (AFP)
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A bridge over the Red Sea that separates Egypt and Saudi Arabia is to be established, Saudi's King Salman said in Cairo on Friday in a press conference with President Abdel-Fattah El-Sisi.

El-Sisi said the bridge, which would link the Asian and African continents and support export between the two countries, would be named after King Salman bin Abdelaziz.

"Agreement of mutual cooperation will be a paradigm shift for the upcoming generations of both countries," El-Sisi said in a speech at the conference.

In his address, King Salman spoke about the importance and the historic nature of relations between Egypt and the Saudi kingdom.

"Relations between Egypt and Saudi Arabia an impregnable fortress of the Arab and Islamic nation," said Salman during his speech.

During the conference the two heads of state signed a total of eight agreements to cooperate on different areas.

The areas were the establishment of the University of King Salman in Tour city in South Sinai; an electricity project in western Cairo; the building of housing units in Sinai; the renovation of Egypt's largest public hospital, Qasr El-Aini; an agreement to avoid double taxation and prevent of tax evasion with respect to taxes on income; the peaceful use of nuclear energy;maritime transport and ports; and the demarcation of the maritime borders between the two countries.

A number of memorandums of understanding were also signed in the fields of agriculture, electricity, housing, trade and industry, prevention of corruption, and labour. Other agreements included three joint programs in the fields of education, culture, and radio and television production.

Also on Friday, the king was awarded Egypt's Order of the Nile, the country's highest state honour.

The monarch is visiting Egypt for five days.

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Antonio
09-04-2016 06:05pm
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Megalomaniac ideas
Egypt has obviouly enough pounds to invest by full hands in helicopter aircraft carriers (France),needed helicopters, Suez-canal extention and industrial zones, new capital, submarines(Germany, nuclear power station(Russia),coal power stations(China)etc.etc. and finally in a new GIGA-brigde. On the other hand-side no money (80% of GDP are salaries and subsidies!!!)for proper governmental edjucation, healts system, to bring up total rotten and abrade infra-structure including irrigation system, working sewages,flood protection and public waste disposal system that fullfills human demands and demands of all Egyptians. The brigde is usefull for some megalomanic people only who are obviouly unable to see realities in Egypt, while the rest of Egyptians suffered as all the time especially the poor.
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M omsri
09-04-2016 02:21am
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Bridge to nowhere.
The Saudis manufacture nothing but oil. There is no trade benefit and also is no population anywhere near there to service the bridge . It would cross an international waterway on which Jordan and Israel are dependant so would need to be very high and so very expensive. This Is a hoax to distract from abject political and economic failure.
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todd
09-04-2016 12:30am
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source of cost recovery for bridge
I believe I met the developer/engineer for this bridge in a restaurant bar one evening in Cairo prior to the Arab Spring. It was my understanding that he was proposing that the bridge would include oil pipelines from Saudi Arabia to Egypt and that revenue from the reduced oil transport cost would be a primary means to recover the construction cost for the bridge. Consequently the bridge is a win-win for both countries beyond just altruistic benefits. It would be interesting to find if this was still true in the final agreement.
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