Financial Times: Qatar additional aid to Egypt index to heal the rift between them

The newspaper "Financial Times," the British prime minister announced his country's national granting additional financial aid worth $ 3 billion to Egypt, which is cash-strapped, is an indication heal rift that emerged between the two countries in part because of an agreement banker turned off.The newspaper pointed out, in the context of the report aired on Thursday, on its website, that the Declaration Sheikh Hamad bin Jassim al-Thani, who came after an unexpected trip from most of the Egyptian government to the Qatari capital of Doha, surprised many observers.The newspaper pointed out that the Qatari prime minister said that the new batch of financial support will be provided within days, either as a deposit in the Central Bank of Egypt or the purchase of treasury bonds.The newspaper said, what surprised observers is what is stated by the Minister of Finance Qatari Youssef Kamal, a month ago, about that new aid close to Egypt, in addition to EFG-Hermes, the largest investment bank in the country, awaiting approval by the FSA in Egypt agreement to buy "QInvest" country share controlled by the group.The newspaper quoted Raza Agha, senior economist in the "VTB" Capital for the Middle East and Africa in London, as saying, "The declaration of the country support the extra was unexpected and contrary to public statements .. and apart from that it is positive and gives the government more space" .The newspaper found that the Qatari capital injections may strengthen Cairo's negotiating position in talks with the International Monetary Fund, which wants the Egyptian officials to reduce support for food and energy, increased taxes as a condition for the loan package.The newspaper noted that Qatar already granted Egypt a financial aid worth $ 5 billion since the 2011 revolution that toppled Hosni Mubarak.The newspaper pointed out that despite the financial aid many Egyptians are skeptical about the motives of Qatar to help their country, where the accused Qatar of trying to politically influence on Egypt by supporting the government of President Mohamed Morsi, which is dominated by Islamists.