Gulf states pledge billions in aid for Egypt

Gulf states pledge billions in aid for Egypt
Gulf states pledge billions in aid for Egypt

Gulf states pledge billions in aid for Egypt

Kuwait, Saudi Arabia and the UAE have pledged $12 bn to Egypt. All three countries have historically been opposed to the Muslim Brotherhood, and their promises for aid come just days after Mohamed Morsi was removed from power. Hafez Ghanem, a senior fellow at the Brookings Institution, tells us how this will impact the current political situation in Egypt. (Photo: AP Images).