Egypt's President Abdel Fattah al-Sisi (C) arrives for the opening of the Egypt Economic Development Conference (EEDC) in Sharm el-Sheikh, in the South Sinai governorate, about 550 km (342 miles) south of Cairo, March 13, 2015. REUTERS/Amr Abdallah Dalsh
SHARM EL-SHEIKH (Reuters) - Gulf Arab allies pledged a further $12 billion (8 billion pounds) of investments and central bank deposits for Egypt at an international summit on Friday, a big boost to President Abdel Fattah al-Sisi as he tries to reform the economy after years of political upheaval.
Kuwait, Saudi Arabia and United Arab Emirates each offered $4 billion to Egypt, which is grappling with Islamist insurgents as it seeks to improve the investment climate four years after a popular uprising that touched off protracted turmoil.
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