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Qatar gives financial aid to Egypt

Posted on 14 August 2012

In a move to manifest its solidarity in the revival of Egypt’s economy and its struggle to shake-off the effects of its post-revolution, Qatar has announced that it will deposit an amount of $2 billion at Egypt’s Central bank. The announcement was also confirmed by Egypt.
The gesture came after a closed door meeting was held by the Emir of Qatar, Sheikh Hamad bin Khalifa Al Thani, and Egypt’s new president Mohamed Morsi. The Emir is on a visit to Cairo and it’s the first of its kind by a Gulf leader after the election of the Muslim Brotherhood candidate as president………………………………………..Full Article: Source

 
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