Kuwait To Transfer $2 Bln Aid To Egypt - Egypt Central Bank Chief

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The Gulf Arab state of Kuwait will deposit $2 billion in aid in Egypt's central bank next week, the Egyptian central bank governor said on Wednesday.

Vehicles drive by in front of Central Bank of Egypt Headquarters in Cairo

The Gulf Arab state of Kuwait will deposit $2 billion in aid in Egypt's central bank next week, the Egyptian central bank governor said on Wednesday.

Hisham Ramez told the Al Arabiya television network the money would stay in the central bank for five years. Egypt's economy has been hit hard by a political crisis that has dramatically reduced tourism, a vital source of revenue.

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