Home NewsEgypt News Oman unveils Half Billion dollars in Grants to Egypt at Economic Summit

Oman unveils Half Billion dollars in Grants to Egypt at Economic Summit

by Noha Gad

Oman will grant Egypt US$500 million in 5 years, Yahya bin Mahfouz al-Manzari, President of the State Council of the Sultanate of Oman announced durign Egypt’s Economic Development Conference on Friday. 
The Omani grants will include US$250 million as a financial aid, and US$250 million in form of investments in Egypt, the officiail stated.

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