CAIRO: The UAE agreed to grant the Egyptian government a new aid package to establish 100 schools, set 50,000 housing units, and utilizing a sewage facility system for 151 Egyptian, UAE Minister of State Sultan Ahmed al-Jaber said, Al-Masry Al-Youm reported Wednesday.
Jaber’s statement was made during his tour checking construction works at a number of development projects in Qalyubia, Egypt Wednesday, which are part of UAE’s grant.
The value of the aid was kept undisclosed but was said could help provide 23,000 job opportunities in the fields of education and construction and will help solve problems of over-population.
“By presenting this package to support Egypt, the UAE seeks to restore its pivotal role in the Middle East,” Jaber said and that the Emirati donation is a gift for the Egyptian people who are worth the support from the Arab nations.
The UAE offered financial and tangible aid to Egypt valued at $3 billion. It resumed aid to Egypt in October 2013by signing a $4.9 billion agreement including a $1 billion grant and $1 billion in oil freights. The remaining amount will be for executing a number of developmental projects, according to the state information services website.
Such developmental projects will include establishing 25 wheat silos, 50,000 housing units in 18 governorates, 100 schools, and a number of sewage and infrastructure projects.
Cooperation ties between the UAE and Egypt were deep rooted since the late Sheikh Zayed bin Sultan Al-Nahyan established the relations.