KSA Pledges $5 Billion in Aid to Egypt
10 July, 2013 10:41
Saudi Arabia said on Tuesday that it would give Egypt $5 billion aid to support its economy, six days after the president Mohammed Mursi was toppled.
The aid, which was decided by King Abdullah, will be made up of a $2 billion interest-free deposit in Egypt’s central bank, a $1 billion donation and the equivalent of $2 billion in oil and gas products.
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