UAE rules out plans to provide Egypt with more financial aid

May 17, 2014 2:52 am

UAE finance minister, Sheikh Hamdan bin Rashid al-Maktoum has said the country, a major supporter of Egypt since the ouster of former president Mohamed Morsi, had no plan for additional financial aid to Egypt for now, Reuters has reported. “We are talking about support (for Egypt).” Asked whether there were plans for more financial aid, he said: “No plans for now,” said Sheikh Hamdan, who is also the deputy ruler of Dubai.