BREAKING NEWS

Qatar PM says to buy $3 billion of bonds from Egypt

By REUTERS

APRIL 10, 2013 13:08

DOHA- The Qatari government has agreed to buy $3 billion worth of bonds from Egypt in additional aid to that country, Qatar's Prime Minister Sheikh Hamad bin Jassim Thani said on Wednesday.

Speaking at a news conference, Sheikh Hamad did not give details of the plan, but said it would be discussed with Egypt in coming days. He also said Qatar would supply natural gas to Egypt in the summer when it was needed.

Egyptian Prime Minister Hisham Kandil told the news conference that the aid would be in the form of "bond deposits". He did not elaborate.

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