UAE boosts Egyptian aid to $4.9 billion
ABU DHABI, United Arab Emirates (AP) — 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.