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Seeing that his adherents, the Hamdanites, were greatly discouraged by their recent reverses, Muttaki resolved to accept the offer. When Muhammed el-Ikshid heard this, he hastened to Rakkah and offered the caliph refuge in Egypt.

They took Aleppo, then in the possession of the Hamdanites, and, encountering Saif ed-Dowlah, overthrew him also. The governor of Damascus, Dalim el-Ukazly, and ten thousand men came to the rescue of the Hamdanites, but Phocas beat a retreat on hearing of his approach. Abu'l-Hasan Ali died in the year 355 of the Hegira. The regent Kafur then ascended the throne, assuming the surname el-Ikshid.

It was held at this time by a Turk named Turun, who so oppressed the caliph Muttaki that the latter was forced to fly from his capital and retire to Mosul. He then besought help from the Hamdanites, who immediately rallied their forces and, accompanied by the caliph, marched upon Baghdad. They were, however, completely routed by Turun and obliged V to retreat.

He thereupon threatened to abdicate, but when he learned that his palace with all its treasures would then be given up to plunder, he refrained from fulfilling his threat. The power of the Hamdanites and the Turks increased with every victory over the negroes, who finally could no longer maintain themselves at all in Upper Egypt.

To ratify this solemn peace, Saif ed-Dowlah married the daughter of Muhammed el-Ikshid; then each prince returned to his own province. The treaty was, however, almost immediately set aside by the Hamdanites, and el-Ikshid, forced to retrace his steps, defeated them in several engagements and seized the town of Aleppo. He was buried at Jerusalem.

Shortly after, he learnt that his former enemy, Muhammed ibn Raik had been killed by the Hamdanites; he thereupon seized the opportunity to recover those provinces he had granted him, and, marching into Syria, captured Damascus and all the possessions he had relinquished upon the conclusion of their treaty.