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7/9/13 Egypt showered with Gulf billions in show of support for army

July 9, 2013/in Foreign Policy Issues/by AIFD

(Reuters) – Gulf states showered Cairo with $8 billion in aid on Tuesday, showing their support for the Egyptian army’s move to push the Muslim Brotherhood from power, a day after troops killed dozens of the movement’s supporters.

Military-backed interim head of state Adli Mansour named a liberal economist as acting prime minister and announced a faster-than-expected timetable for elections in six months.

Mansour’s army backers are under pressure to plot a path back to democracy less than a week after they overthrew Egypt’s first freely elected president, the Brotherhood’s Mohamed Mursi.

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