Band of Brothers

17 April 2013 By Una Galani Follow @ugalani

The emirate says its financial aid to Egypt is neutral but its billions allow the Muslim Brotherhood government to delay unpopular reforms while the economy deteriorates. At best, Qatar is shoring up its political interests. At worst, it must prepare for an unpleasant backlash.

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Qatar said on April 10 that it will provide $3 billion of additional financial support to Egypt in the form of bonds.
The Gulf state’s Prime Minister Sheikh Hamad bin Jassim al-Thani also said that Qatar would supply Egypt with gas over the summer as needed.
Qatar has already given Egypt with $5 billion of direct assistance since the uprising at the start of 2011 in the form of grants and loans.
“Egypt is the largest Arab country. If Egypt is strong, all other Arabs will be equally strong,” the Sheikh Hamad said on Al Jazeera earlier this year.

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