UAE focuses on economic reform in Egypt in battle against Islamism - FT.com:
"The United Arab Emirates is shifting its assistance to Egypt from direct aid to private sector development as the Gulf state seeks to help build stronger economic foundations in the pivotal Arab country.
Seeing Egypt as the frontline in their battle against Islamism, Abu Dhabi and neighbouring Saudi Arabia are focusing on keeping the country financially stable through the summer.
People aware of the matter say Abu Dhabi has hired Lazard to advise Cairo on debt management as well as consultancy Strategy&, previously Booz, which is helping to develop investment strategies in various economic sectors.
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'via Blog this'
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