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