Published: 15:49, June 19, 2022 | Updated: 18:00, June 19, 2022
Saudi crown prince 'to visit Egypt June 20 on regional tour'
By Reuters

A handout picture provided by the Saudi Royal Palace on April 27, 2021, shows Saudi Crown Prince Mohammed bin Salman during an interview with the Middle East Broadcasting Center in the capital Riyadh to mark the fifth anniversary of his vision 2030. (AFP / SAUDI ROYAL PALACE)

CAIRO - Saudi Crown Prince Mohammed bin Salman will visit Egypt on June 20 as part of a regional tour that includes stops in Jordan and Turkey, two diplomatic sources said on Saturday.

Prince Mohammed will meet Egyptian President Abdel Fattah al-Sisi to discuss issues including the impact of the conflict in Ukraine on the region, and preparations for US President Joe Biden's trip to Saudi Arabia next month, the sources said

Prince Mohammed will meet Egyptian President Abdel Fattah al-Sisi to discuss issues including the impact of the conflict in Ukraine on the region, and preparations for US President Joe Biden's trip to Saudi Arabia next month, the sources said.

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Saudi authorities did not respond to a request for comment about Prince Mohammed's tour.

Saudi Arabia is a close ally of Egypt, and has provided Cairo with extensive financial support since Sisi came to power.

As portfolio investors pulled money from Egypt and the government faced rising commodity prices in knock-on effects at the start of the conflict in Ukraine, Saudi Arabia deposited $5 billion in Egypt's central bank. 

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The Saudi-based ITFC has provided Egypt with new financing for commodity imports and Egypt's government has said cooperation with the Saudi sovereign wealth fund will result in $10 billion in investments.

Prince Mohammed is due to visit Turkey on June 22.