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UAE offers $3b aid package to Egypt
Reuters Published in The Saudi Gazette on 06 - 07 - 2011

The United Arab Emirates (UAE) announced Monday a $3 billion aid package to Egypt, the state news agency WAM said.
The agency said the announcement was made by Deputy UAE Prime Minister Sheikh Mansour Bin Zayed Al-Nahayan during a meeting with Egyptian Prime Minister Essam Sharaf in Abu Dhabi, his first visit to the oil-producing Gulf state since an uprising ousted president Hosni Mubarak in February.
"According to these instructions, it was decided to set up the Khalifa bin Zayed Fund to support medium and small projects in the Arab Republic of Egypt to the value of $1.5 billion, with the aim of creating job opportunities for Egyptian youth."

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