A senior government official said Saudi Arabia has delayed sending any new aid to Egypt until the results of the next presidential elections are announced.
The official pointed out that Saudi Arabia would announce a large aid package to Egypt if former Defense Minister Abdel Fattah al-Sisi wins the elections.
Saudi Arabia has also delayed the implementation of King Abdelaziz City in Alamein, a huge housing project funded by Saudi Arabia, the official told Al-Masry Al-Youm.
Former Prime Minister Hazem Beblawy discussed Egypt's political future after the presidential elections during his visit to the KSA in last February, during which Egypt received the latest aid package from Saudi Arabia, the official added.
Egypt asked Saudi Arabia to fund a large number of projects in Egypt, but the Saudi ambassador Ahmed Qattan said the decision depended on King Abdallah Abdel Aziz, according to the official.
Official sources told Al-Masry Al-Youm that the Saudi ministers of housing and petrol confirmed, during their meeting with their Egyptian counterparts, the KSA was ready to meet the demands of Egypt after Sisi becomes president.
"This is an essential requirement. It is not about the existence of any person as president. The Egyptian government has to support Sisi with all its power in the presidential election," the sources quoted the Saudi ministers as saying.
Edited translation from Al-Masry Al-Youm
