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Egypt received 52% of UAE's foreign aid in 2014

The UAE sent 52 percent of its total foreign aid in 2014 to Egypt, Emirati Minister of International Cooperation and Development Lubna al-Qasimi said in a Tuesday statement.

Egypt received AED 11.78 billion ($3.21 billion) in foreign aid in 2014 from UAE, the statement said. Al-Qasimi released the statement after receiving Sahar Nasr, her Egyptian counterpart.

Al-Qasimi, who is also head of the UAE Committee for Coordination of Humanitarian Foreign Aid, added that, between 2010 and 2014, UAE supported Egypt with AED 29.04 billion ($5.81 billion) – that amount equalled 48.6 percent of UAE’s total foreign aid during the period.

Al-Qasimi in the statement reiterated UAE’s support for development in Egypt, with particular attention to infrastructure projects, education, health and energy.

Egypt witnessed major change in mid-2013, when Mohamed Morsi – Egypt’s first freely elected president and a Muslim Brotherhood leader – was ousted in a military coup.

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AfricaEgyptMiddle EastNewsUAE
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