The Rafah Crossing Point to Egypt from the Gaza Strip, on Oct. 21.
Photographer: Ahmad Salem/BloombergEgypt Needs Cash and Gaza War Gives World New Reasons to Help Out
The Israel-Hamas conflict raging next door is a reminder of why the Arab nation is too big to fail.
Two months ago, Egypt looked like a country in grave danger of financial collapse. Now the world has urgent new reasons to come to the rescue.
Israel’s war with Hamas has put Egypt center-stage. It’s the only gateway for aid to reach Gaza, and besieged Palestinians to escape. It’s a key player in hostage talks that allowed a truce after six weeks of fighting. Abdel-Fattah El-Sisi, the former army chief set to be re-elected as president in a barely contested vote next week, is suddenly high on the must-visit list for global leaders.