UAE Spent More Than Half of 2014 Aid budget on Egypt
The UAE sent 52 percent of its total foreign aid budget to close ally Egypt in 2014, Emirati government officials said on Tuesday.
Egypt received $3.21bn in foreign aid in 2014 from UAE, according to a statement from the Emirati Minister of International Cooperation and Development, Lubna al-Qasimi.
Al-Qasimi released the statement after receiving Sahar Nasr, her Egyptian counterpart.
Al-Qasimi, who also heads the UAE’s Committee for Coordination of Humanitarian Foreign Aid, added that, between 2010 and 2014, UAE supported Egypt to the tune of $5.81bn.
The amount equalled 48.6 percent of UAE’s total foreign aid during the same period.
In her statement, al-Qasimi reiterated UAE’s support for development in Egypt, with particular attention to infrastructure projects, education, health and energy. Details
