Some 1,500 delegates from more than 50 nations were in attendance.
“Egypt has and will always be the first line of defense against the dangers faced by the region,” el-Sissi, wearing a dark suit and a purple tie, said to one of many rounds of applause that interrupted his 26-minute address.
President Abdel-Fattah el-Sissi made his case for the world’s support, depicting Egypt as vital to regional stability and a bulwark against Islamic militancy. The three-day gathering in the Sinai resort of Sharm el-Sheikh is meant to show the world Egypt is open for business again to draw investors after four years of instability and turmoil that followed the 2011 Arab Spring uprising that ousted longtime autocrat Hosni Mubarak. SHARM EL-SHEIKH, Egypt (AP) - Egypt raked in promises of more than $12 billion in investment and aid from its Gulf Arab allies on Friday, kicking off an international conference aimed at rescuing the country’s gutted economy and giving a political boost to its soldier-turned-president.
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