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The United Arab of Emirates’ Minister of State Sultan Ahmed Al-Jaber announced that an agreement has been made with the Egyptian government to start a number of development projects across Egypt. The projects come as part of the UAE’s $4.9 billion aid package to Egypt. Al-Jaber said that the new projects will include the establishment of 100 schools across the nation which will provide some 23,000 job opportunities in the fiel… more…

The United Arab Emirates, Saudi Arabia and Kuwait are set to provide Egypt with a combined $20 billion to help fund the projects that winning presidential candidate Abdel-Fattah Al-Sisi included in his electoral programme. The money will be given only during Al-Sisi’s first year in office, a government source said. The source told Al-Mal newspaper that the money will be used to fund several projects, including infrastruc… more…

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