BREAKING: Sisi officially opens Egypt Economic Summit

Egypt’s economic conference has officially begun with the playing of the Egyptian national anthem. Egyptian President Abdel Fattah has just inaugurated the Economic Development Conference (EEDC) in Sharm El-Sheikh, with the participation of more than 250 delegates around the globe, including kings, heads of state, global financiers, and representatives of local, Arab and foreign companies.

President al-Sisi begins his speech; he extends special thanks to Saudi Arabia, the UAE and Kuwait, three countries that supported Egypt with US$23 billion in aid since Islamist president Mohamed Morsi’s ouster in July 2013. He also gave special thanks to Jordan and Bahrain, and “other Arab states” for their support of Egypt.