Egypt's main index slips 0.5 percent after Saudi Arabia recalls its ambassador from Cairo, fuelling concern that $2.7 billion of financial aid pledged by the wealthy Gulf state could be delayed.
Citing security, Saudi Arabia pulled its envoy after activists gathered outside its embassy to protest against the
kingdom's arrest of an Egyptian lawyer.
The countries enjoy strong political ties and are important economic partners. Saudi Arabia is one of the largest foreign investors in Egypt and one of the largest employers of Egyptian expatriate workers.
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