UAE offers $ 2bn loan to Egypt without interest

Cairo, July 10 (IANS/WAM) The United Arab Emirates (UAE) has offered $1 billion grant and $ 2 billion no-interest loan to Egypt.

The announcement for the grant and loan was made Tuesday when Egypt's interim president Adli Mansour met Sheikh Hazza bin Zayed Al Nahyan, UAE's national security advisor.

--IANS/WAM

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