Egypt’s central bank governor flew to Abu Dhabi yesterday to drum up badly needed financial support as cracks appeared within the political coalition that backed last week’s military overthrow of the country’s first elected leader.
The Gulf trip by Hisham Ramez to solicit funds from the oil-rich United Arab Emirates came as the central bank issued an unusual public appeal for Egyptians to deposit donations to a newly opened “Support Egypt” account.
There were also signs that weeks of political unrest had done further damage to the country’s already beleaguered economy and that the instability was far from over.
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