UAE increases Egyptian aid to $4.9 billion
New deal worth $1.9 billion signed by Egyptian interim PM during visit to Abu Dhabi
ABU DHABI, United Arab Emirates — The United Arab Emirates says it has boosted its aid pledges to Egypt’s military-backed government, now making it a total of $4.9 billion.
The deal signed Saturday for $1.9 billion in new loans, fuel supplies and other assistance comes during a visit by Egyptian interim Prime Minister Hazem El-Beblawi.
In July, the UAE promised $3 billion in aid as part of the overall $12 billion aid package from Gulf states following the ouster of the Muslim Brotherhood-led government of President Mohammed Morsi in a popularly supported military coup.
The official UAE news agency WAM says the new pact provides a framework for the aid and could open the door for more assistance.
The UAE has waged its own crackdown against suspected backers of the Muslim Brotherhood.
Copyright 2013 The Associated Press.
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