Egypt going to sell Alexandria?

Egypt, which is struggling financially as a result of the foreign exchange crisis, just made a significant move in the right direction. It is not solely dependent on economic factors. The Ras El-Hikma region, which is roughly 350 kilometers northwest of Cairo, is being sold to the United Arab Emirates for $22 billion in this phase. Would Egypt now sell Alexandria, a city rich in historical and cultural value, to Turkiye, which has long been looking for a hub for supply and trade with Africa?
Throughout history, Alexandria, a city established by Alexander the Great, has welcomed numerous civilizations. Particularly during the Ottoman Empire’s reign, the city’s Turk residents forged close cultural and historical ties. Alexandria’s close historical and cultural ties to Turkiye imply that a sale or lease of this kind might be completed without much difficulty.
It is possible to argue that selling or leasing Alexandria to Turkiye will benefit both nations economically in a variety of ways in addition to enhancing historical and cultural links between them. Specifically, leasing Alexandria might help turn it into Turkiye’s gateway to Africa by creating a new hub for trade and logistics between the two nations. This would open up new commercial and economic possibilities that would benefit other African nations in addition to Turkey and Egypt. Alexandria, a major hub for trade and shipping in the Mediterranean, has a prime position that makes it an excellent choice for supply chain management and logistics services. Without a doubt, Turkiye’s infrastructure and experience in this area, along with Alexandria’s advantageous location, can provide the region with much needed economic energy and recovery. In addition, this collaboration may help find a solution for Egypt’s economic issues while simultaneously serving as a strategic move for Turkish commercial expansion in Africa.

In addition, the potential cooperation that Alexandria may foster may have a favorable effect on the two nations’ diplomatic ties. Using Alexandria as a “cultural and economic bridge” can help to boost relations between Egypt and Turkey by opening up new areas of cooperation. Egypt and Turkey have built strong relations at different points in history and suffered friction for a variety of reasons.
Leasing Alexandria to Turkiye would give Egypt a means of economic escape and might also result in deeper cultural and historical links. This possible collaboration might have a big impact on boosting regional trade, generating new employment possibilities, and fostering stronger links between the two nations. Making such a significant decision, however, undoubtedly demands thorough assessment of both nations’ shared interests as well as extensive diplomatic negotiations.