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مصراوي
US Vote's Impact on Egypt
Preliminary results show Democrats leading in the House with 225 seats to the Republicans’ 137, which could increase congressional scrutiny of U.S. aid to Egypt, although experts expect strategic ties between the two countries to continue. Annual aid totals about $2.1 billion, including $1.3 billion in military assistance; in September, $320 million was exempted from human rights conditions. Experts say that easing tensions with Iran could lower energy prices and improve shipping through the Suez Canal, supporting tourism and investment. Continued war, by contrast, could drive up oil prices, increase shipping risks, and put pressure on canal revenues and Egypt’s economy.
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