January 15, 2013 / 5:14 PM / 7 years ago

Qatari PM says will stand by Egypt

Qatari Prime Minister Sheikh Hamad bin Jassim Al-Thani speaks during the General Assembly of the Syrian National Council in Doha November 11, 2012. REUTERS/Mohammed Dabbous

DOHA (Reuters) - Qatar’s prime minister said on Tuesday his country would stand by Egypt and did not want to see it go bankrupt, a week after the Gulf state said it would lend Cairo an additional $2 billion and grant it an extra $500 million outright.

Asked whether his country would increase aid to Egypt, Sheikh Hamad bin Jassim al-Thani said: “Qatar will stand by Egypt and the Egyptian people’s needs. We don’t want to see the biggest country in the Arab world bankrupt. I don’t think this is wise. I think it is in the interest of the World Bank and the international community not to see Egypt brought down.”

Reporting by Regan Doherty; Writing by Mahmoud Habboush; Editing by Alison Williams

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