Qatar, Libya give Egypt $5 bln boost amid IMF talks - Israel News, Ynetnews
 
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Qatar, Libya give Egypt $5 bln boost amid IMF talks

Published: 04.11.13, 00:51 / Israel News

Arab allies Qatar and Libya gave cash-strapped Egypt a $5 billion double boost on Wednesday as the Arab world's most populous nation struggles to secure an IMF loan to ease its deepening economic crisis.

 

Qatari Prime Minister Sheikh Hamad bin Jassim al-Thani said after talks with Egyptian Prime Minister Hisham Kandil that Qatar would provide an extra $3 billion on top of some $5 billion the Gulf state has already given Cairo, and would extend gas supplies to Egypt this summer as needed. (Reuters)

 

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