With President Morsi Out, Gulf States Open Their Checkbooks

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In Egypt, many are hopeful that with the Islamist president out of power, stability will return — and so will foreign investment. Already, Saudi Arabia and the United Arab Emirates are pumping billions into Egypt now that the Muslim Brotherhood is no longer in power. And miraculously, the fuel shortages and power cuts that were plaguing the nation seem to be gone.

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Copyright NPR. View this article on npr.org.