Saudis Offered $3.7 Billion Aid to Post-Mubarak Egypt, SPA Says
Saudi Arabia offered $3.7 billion to aid the Egyptian economy after mass protests led to the ouster of Hosni Mubarak, Egypt’s former president, a year ago, the official Saudi Press Agency reported last night, citing Foreign Minister Prince Saud Faisal.
The kingdom transferred $500 million in May, SPA said. Egypt has delayed talks over a $1.45 billion aid package offered by the Saudi Development Fund, the Riyadh-based news service said, citing the minister.
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