EGYPT/SAUDI ARABIA

 

Saudi Arabia Gives Further Details Of Its Aid To Egypt

Saudi Arabia has given further details about its aid package of $3.75bn to Egypt, pledged after the fall of the Mubarak regime in January 2011. Saudi Arabia announced on 8 June that under this package it had approved $430mn in aid for a number of projects to be provided through the Saudi Fund for Development (SFD). This consisted of $230mn – $90mn to build seed storage silos,...