UAE transferred $3 billion in aid to Egypt, Saudi to follow shortly


  • World
  • Friday, 19 Jul 2013

CAIRO (Reuters) - The United Arab Emirates has transferred $3 billion (1.97 billion pounds) in promised aid to Egypt and another $2 billion from Saudi Arabia will arrive shortly, Egypt's central bank governor told the state newspaper al-Ahram on Thursday.

Gulf Arab oil producers have promised aid packages worth $12 billion to Egypt since the overthrow of President Mohamed Mursi, throwing a lifeline to the most populous Arab nation.

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