Oman unveils Half Billion dollars in Grants to Egypt at Economic Summit

Oman will grant Egypt US$500 million in 5 years, Yahya bin Mahfouz al-Manzari, President of the State Council of the Sultanate of Oman announced durign Egypt’s Economic Development Conference on Friday. 
The Omani grants will include US$250 million as a financial aid, and US$250 million in form of investments in Egypt, the officiail stated.