Kuwait delivers free fuel to Egypt

Kuwait has delivered crude oil and diesel worth $200 million to Egypt as part of a $4-billion aid package to bolster the faltering economy, a newspaper reported on Sunday. Two tankers, one carrying around 100,000 tonnes of diesel and the other 1.1 million barrels of crude, have docked in Egypt, Al-Rai reported, citing Kuwaiti oil sources. The emirate announced on Wednesday that it would provide $4 billion in urgent aid to Egypt, half a deposit in the Egyptian central bank, and the remainder made up of a grant of $1 billion and $1 billion in free oil and oil products. Neighbouring Saudi Arabia and the United Arab Emirates have pledged $5 billion and $3 billion respectively, bringing the total promised by Gulf Arab states since the Egyptian army ousted Islamist president Mohamed Mursi earlier this month to $12 billion.