Mohamed Morsi
Saudi Arabia and UAE to lend Egypt up to $8 billion
RT | July 9, 2013
The United Arab Emirates and Saudi Arabia will give Egypt money in the wake of its political and economic crisis. The UAE will provide Cairo with $1 billion and lend it a further $2 billion, while Saudi Arabia will give Egypt a $5 billion aid package.
The UAE loan would be in the form of a $2 billion interest free deposit in Egypt’s central bank, state news agency WAM reported on Tuesday. Abu Dhabi will also to give Egypt $1 billion.
US aid cut to Egypt worries Israel: Report
Press TV – July 4, 2013
The Israeli regime is worried that Washington’s plan to cut aid to Egypt in the wake of the ouster of President Mohamed Morsi could endanger the Israel-Egypt peace treaty, a report says.
The Tel Aviv regime fears that the US government would suspends the annual military aid of USD 1.3 billion to Egypt after the Egyptian Army overthrew Morsi’s government, Israeli daily Globes reported on Thursday.
‘Morsi ousted with US blessing’
RT | July 4, 2013
From its inception the uprising against President Morsi was aided by the US, researcher and writer Soraya Sepahpour-Ulrich told RT. She argues that whoever succeeds the ousted Egyptian leader will likely be beholden to the forces that put him in power.
RT: What do you think the future holds for Mohamed Morsi now?
Egypt not to sell more state-owned companies: Morsi
Xinhua | April 30, 2013
CAIRO — Egypt would not sell any more state- owned companies, President Mohamed Morsi said Tuesday.
In his speech to steel industry workers in Helwan district in Cairo on the eve of Labor Day, Morsi said there will be no more selling of the public sector again, stressing that the private sector could not be an alternative for the public sector.