ABU DHABI (Reuters) - The United Arab Emirates signed an aid agreement with Egypt on Saturday worth $4.9 billion (3.0 billion pounds), in another show of support from the wealthy Gulf state to Egypt's army-backed government.
The aid package includes a $1 billion grant already sent to Egypt in July, while the rest is fresh funds to support various sectors of the economy, the UAE's state news agency said.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!