Kuwait promises Egypt $4 billion in aid

KUNA said the package would comprise a $2 billion central bank deposit, a $1 billion grant and $1 billion in oil products,

Kuwait promises Egypt $4 billion in aid

Kuwait will provide $4 billion in aid to Egypt, state news agency KUNA said on Wednesday, matching pledges by Saudi Arabia and the United Arab Emirates that showed Gulf Arab approval of the Egyptian army's ousting of President Mohamed Mursi.

KUNA said the package would comprise a $2 billion central bank deposit, a $1 billion grant and $1 billion in oil products,

On Tuesday Saudi Arabia and the United Arab Emirates each pledged $4 billion in aid to Egypt, where the army overthrew the Muslim Brotherhood's Mursi a week ago after huge street demonstrations against the elected president.

KUNA did not say when the Kuwaiti aid would arrive.


Morsi in a “safe place'': ministry

14:25 - Egypt's ousted president Mohamed Morsi is in a “safe place'' following his overthrow by the military, a foreign ministry spokesman Badr Abdelatty said in Cairo, adding that no charges had been levelled against him yet.


Brotherhood says leaders not arrested

14:02- Egypt's Muslim Brotherhood said its leaders had not been detained by midday on Wednesday after prosecutors ordered them arrested on charges of inciting violence.

Spokesman Gehad El-Haddad said the announcement of charges against Mohamed Badie and several other Brotherhood leaders was an attempt by the authorities to break up a vigil by thousands of Brotherhood supporters demanding the reinstatement of Mohamed Mursi, ousted as president by the army last week.

The charges were "nothing more than an attempt by the police state to dismantle the Rabaa protest", he said by telephone from the vigil at Rabaa Adaweya mosque in northeast Cairo. He said some of the leaders whose arrest was being sought were now at the site of the protest.


New prosecutor general appointed

13:58 - Egypt’s Supreme Judicial Council has appointed a new prosecutor general.

The council named Hisham Barakat as a replacement for Abdel Maguid Mahmoud who resigned his post as prosecutor general earlier this week.


Egypt prosecutor orders arrest of Muslim Broterhood leader, others

13:42- Egypt's prosecutor's office ordered the arrest on Wednesday of Muslim Brotherhood leader Mohamed Badie on charges of inciting violence outside the Republican Guard headquarters where 55 people were killed on Monday, state news agency MENA reported.

Other senior Brotherhood officials were also ordered held, including Badie's deputy Mahmoud Ezzat and party leaders Essam El-Erian and Mohamed El-Beltagi.

Thousands of Brotherhood followers have been maintaining a vigil near a mosque in northeast Cairo demanding the reinstatement of Mohamed Mursi, toppled as president by the army last week.


Egypt opens Rafah crossing for several hours

12:28 - Egypt opened its crossing with the Gaza Strip on Wednesday for several hours to allow stranded Palestinians to return to the enclave and for others to leave after five days of closure.

The Rafah crossing is the only gateway to the world for the 1.7 million Palestinians in the Gaza Strip.

Egyptian authorities ordered the passage closed last Friday after Mursi was removed and amid widescale protests in Egypt.

Ghazi Hamad, Hamas's deputy foreign minister, said the crossing would remain open for a few hours on Wednesday so Palestinians could return and so foreigners, patients due to receive medical treatment inCairo and Palestinians with residency permits in third countries could leave the Gaza Strip.

"I could not sleep all night and I arrived here very early to travel," said Adel Mohammed, 47, waiting in the sun for the gate to open so he could cross into Egypt for treatment for breathing problems.

"May God protect Egyptian lives. When Egypt is in peace, we are in peace too."


Egyptian NSF withdraws statement rejecting decree

10:45 - Egypt's main liberal alliance withdrew a statement that rejected outright a constitutional decree announced by the state's interim president and issued more mildly worded criticism.

The National Salvation Front (NSF) reiterated that it was not consulted on the decree and said the plan included articles it did not agree upon, while other important ones were lacking or needed amendments.

The new statement said the NSF would communicate its views to interim President Adli Mansour. The decree sets the rules for the interim period leading to new parliamentary and presidential elections.


UAE, Saudi Arabia vow $8 bln aid to Egypt

09:59 - The Egyptian Presidency announced on Tuesday that United Arab Emirates (UAE) and Saudi Arabia promised to provide them 8 billion USD aid.

Issuing a statement, the Egyptian Presidency stated that the UAE would grant the Egyptian interim administration 1 billion USD and give an interest free loan of 2 billion USD along with oil and energy support.

Saudi Arabia's Finance Minister Ibrahim al-Assaf also issued a statement saying they agreed on an aid of 5 billion USD to Egypt, 2 billion USD of it will be provided as oil products and natural gas while 2 billion USD as loan and 1 billion USD will be given in cash as grant.


New gov't in 72 hours, says PM-designate

21:16 - Egypt's prime minister-designate Hazem Al-Beblawi told the Anadolu Agency that the new government lineup will be announced in 72 hours.

"We will examine all the nominations put forward by the political powers, including the National Salvation Front (NSF), the Salafist Nour Party and Tamarod (Rebellion) Movement to choose the most qualified," he told the AA over the phone.

Al-Beblawi, a veteran economist with close ties to the oil-rich Gulf countries, was appointed by interim president Adly Mansour earlier today to form the new government. 


19:32 - Military head meets UAE delegation

Egyptian military chief and Defense Minister Abdel Fatah al-Sisi met Tuesday with a high-level ministerial delegation from the United Arab Emirates (UAE) that arrived earlier on the first official Arab visit since the ouster of elected President Mohammad Morsi.

They discussed a number of issues of common interests in light of the "deeply-rooted" relations between the two countries, according to the official Facebook of al-Sisi.

The meeting was attended by army Chief of Staff Sedqi Sobhi.

The 15-strong UAE delegation is led by national security advisor Hazza bin Zayed and Foreign Minister Abdullah bin Zayed Al-Nuhayyan.

They met earlier with interim President Adly Mansour.

Following the meeting, the Egyptian Presidency announced that the UAE will offer Egypt $1 billion as a grant and will deposit with the Central Bank $2 billion interest-free.

The visit is the first by an Arab delegation since Morsi's removal by the army last week.

Relations between Egypt and the UAE had strained under Morsi. 


19:10 - Army says will defend Egypt public peace at all cost

The Egyptian army has warned against any attempt to undermine "the people's will", vowing to defend public peace at all cost.

"The Armed Forces will preserve the public peace at any cost," Egyptian military chief and Defense Minister Abdel Fatah al-Sisi said in a statement read out on state TV.

Egypt has been ravaged by rival demonstrations since the army removal of elected President Mohammad Morsi following mass protests against his regime.

More than 51 people were killed Monday outside the Republican Guards headquarters when security forces opened fire on pro-Morsi supporters who were camping to protest his ouster.


18:45 - UAE offers Egypt $3 billion in grant, deposits

The United Arab Emirates (UAE) will offer Egypt $1 billion as a grant and will deposit with the Central Bank $2 billion interest-free, the Egyptian Presidency announced Tuesday.

Interim President Adly Mansour met earlier Tuesday with a high-level ministerial delegation from the UAE that arrived today on the first official Arab visit since the ouster of elected President Mohammad Morsi.

Relations between Egypt and the UAE had strained under Morsi.

Güncelleme Tarihi: 11 Temmuz 2013, 09:30
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