Speaking of Al Sisi selling two strategic Egyptian islands in the Red Sea to the Saudi ruling family (my previous post).
I must add that Generalissimo Field Marshal President Al Sisi got a better deal, financially speaking, than the potentates of what is now the UAE did a few decades ago. Rather better than some rulers of the Gulf (emirates) Sheikhdoms in 1970. At that time, many of the smaller sheikhdoms of what was called Sahel Oman (Omani Coast) on the Persian Gulf had no oil fields, and they needed cash. They usually sold colorful stamps, passports, as well as their share of the rights to some of the islands in the Persian Gulf.
That was before the United Arab Emirates (UAE) was created to join all these small tribal neighborhoods. Through a deal brokered by the British overlords of the Arab side of the Gulf, the Shah of Iran paid a few million dollars for the deal to “get the islands back”, according to the Iranians. The islands are near the Strait of Hormuz. Actually the agreement was for “joint administration” of Abu Moussa. The Iranians claim the British took the islands in 1921 and put them under the jurisdiction of the sheikh of Sharjah, which was part of the British Empire. They also claim the Qasismi ruling sheikhs were at one time living on the Persian shores of the Gulf, and hence were Iranian subjects.Another convoluted complication.
Now the UAE leaders, who were not part to the deal since the UAE did not exist in 1970, would like to re-purchase the islands from Iran. Not sure why they want the islands since they have had to import 6 million foreigners to populate their own country on the mainland. It is not like they need Lebensraum.
In short: both sides in the Gulf are using any argument, whether it makes sense or not to support its case. Nobody seems in a mood to share the islands anymore: that would be too sensible for the Middle East mindset. History has been telling us this for at least 70 years.
Anyway, all this is history, but some sheikhs in the smaller Emirates of the UAE are now kicking themselves for not knowing at the time that they had so much oil under their privies and outhouses. Right under where their pet goats dropped their pellets. (FYI: I had pet goats as a kid, as well as pet birds. We also had chickens but I ate my pet eggs whenever I could).
Mohammed Haider Ghuloum