Egypt moved this week to outlaw the Muslim Brotherhood – the party of ousted President Muhammad Mursi – when a court issued an injunction banning all Brotherhood activity and seizing party assets.
Just days before the order, Egypt returned $2bn that Qatar had deposited in Egypt’s central bank (see p15). But Kuwait has stepped in to shore Cairo’s coffers: on 26 September, Central Bank of Egypt Governor, Hisham Ramiz, said that Kuwait had made a $2bn deposit – part of the $4bn aid package Kuwait offered Egypt following the 3 July coup (see table). (CONTINUED - 646 WORDS)
