UAE says no plans for more financial aid to Egypt for now


  • World
  • Thursday, 15 May 2014

ABOARD AL-FAHEDI (Reuters) - The United Arab Emirates, a major donor to Egypt since the army removed former president Mohamed Mursi from power, has no plans at present to step up its financial aid, the Gulf Arab state's finance minister said on Thursday.

Sheikh Hamdan bin Rashid al-Maktoum, who is also the deputy ruler of Dubai, told reporters aboard his royal yacht Al Fahedi: "We are talking about support (for Egypt)." Asked whether there were plans for more financial aid, he said: "No plans for now."

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