Talks with Qatar for US$2 bn in financial aid

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“We are offering bonds of US$2 billion to Qatar in August and September through the Irish Stock Exchange,” Samir said.
Qatar, the largest financier of Egypt since deposed President Mohamed Morsy came to power a year ago, provided Egypt with US$8 billion, of which US$5.5 billion was in the form of bonds, while the remaining aid was added to foreign reserves.
According to the Egyptian Finance Ministry, the government offered US$3.5 billion in bonds from the Qatari financial package to Qatar National Bank, of which US$2.5 billion was offered in May for an annual interest rate of 4.25 percent, and US$1 billion early this July for an annual interest rate of 3.5 percent.

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