Egypt : Ties with Iran in line with Arab interests: Egypt
on 2013/10/29 16:32:19
Egypt

Egyptian Prime Minister Hazem Beblawi says Cairo’s relation with Iran is in line with the interests of Persian Gulf, Arab states.

In a Press conference on the second day of his visit to the UAE on Sunday, Beblawi said that Egypt is committed to the security of the [Persian] Gulf Cooperation Council ([P]GCC) countries.

“Any matter that affects the stability of the [P]GCC will directly affect Egyptian national security,” the prime minister said.

“This matter is non-negotiable and [P]GCC security is one of the main support points of Egypt’s security.”


Beblawi’s remarks came after the United Arab Emirates agreed to grant an additional $3.9 billion in aid to Egypt,

According to media reports on Saturday, one billion dollars of the aid will be allocated for meeting the fuel needs of Egypt, while the remainder will be “aimed at improving the living conditions, lives and human development of the Egyptian people through a number of projects.”

The construction of 50,000 homes and 100 schools, as well as health clinics, renewable energy initiatives and 25 wheat silos are among the projects.

In July, Abu Dhabi gave one billion dollars in aid to Egypt to show its support for the Egyptian army’s coup against President Mohamed Morsi, the country’s first democratically elected leader.

The UAE also had previously deposited an additional $2 billion in Egypt’s central bank to be held without interest, in order to prop up Cairo’s currency.

Saudi Arabia and Kuwait have also pledged nine billion dollars in aid to Egypt.

The head of Egypt’s armed forces, General Abdel Fattah el-Sisi announced that President Morsi was no longer in office on July 3. The head of the Supreme Constitutional Court, Adly Mahmoud Mansour, was appointed the new interim president.

Previous article - Next article Printer Friendly Page Send this Story to a Friend Create a PDF from the article


Other articles
2023/7/22 15:36:35 - Uncertainty looms as negotiations on the US-Kenya trade agreement proceeds without a timetable
2023/7/22 13:48:23 - 40 More Countries Want to Join BRICS, Says South Africa
2023/7/18 13:25:04 - South Africa’s Putin problem just got a lot more messy
2023/7/18 13:17:58 - Too Much Noise Over Russia’s Influence In Africa – OpEd
2023/7/18 11:15:08 - Lagos now most expensive state in Nigeria
2023/7/18 10:43:40 - Nigeria Customs Intercepts Arms, Ammunition From US
2023/7/17 16:07:56 - Minister Eli Cohen: Nairobi visit has regional and strategic importance
2023/7/17 16:01:56 - Ruto Outlines Roadmap for Africa to Rival First World Countries
2023/7/17 15:47:30 - African heads of state arrive in Kenya for key meeting
2023/7/12 15:51:54 - Kenya, Iran sign five MoUs as Ruto rolls out red carpet for Raisi
2023/7/12 15:46:35 - Ambassador-at-Large for Global Women’s Issues Gupta Travels to Kenya and Rwanda
2023/7/2 14:57:52 - We Will Protect Water Catchments
2023/7/2 14:53:49 - Kenya records slight improvement in global peace ranking
2023/7/2 13:33:37 - South Sudan, South Africa forge joint efforts for peace in Sudan
2023/7/2 12:08:02 - Tinubu Ready To Assume Leadership Role In Africa
2023/7/2 10:50:34 - CDP ranks Nigeria, others low in zero-emission race
2023/6/19 15:30:00 - South Africa's Ramaphosa tells Putin Ukraine war must end
2023/6/17 15:30:20 - World Bank approves Sh45bn for Kenya Urban Programme
2023/6/17 15:25:47 - Sudan's military govt rejects Kenyan President Ruto as chief peace negotiatorThe Sudanese military government of Abdel Fattah al-Burhan has rejected Kenyan President William Ruto's leadership of the "Troika on Sudan."
2023/6/17 15:21:15 - Kenya Sells Record 2.2m Tonnes of Carbon Credits to Saudi Firms

The comments are owned by the author. We aren't responsible for their content.