The Qatari government has agreed to provide an additional $3 billion of aid to Egypt, Qatar's Prime Minister Sheikh Hamad bin Jassim al-Thani said on Wednesday.
"We reached an agreement to add more bonds from the Qatari government in the amount of $3 billion. During the coming days, we will discuss the details of issuing those bonds," Sheikh Hamad told a joint news conference with Egyptian Prime Minister Hisham Kandil.
He did not clarify the way in which the aid would be structured. Kandil told the news conference that the aid would be in the form of "bond deposits", also without elaborating.
Sheikh Hamad said Qatar would supply natural gas to Egypt in the summer when it was needed. "We also discussed projects that we agreed on four or five years ago, especially in iron and steel," he said.
Qatar did not ask Egypt for anything in return for its latest aid, Sheikh Hamad added.
The gas-rich Gulf state has already provided Cairo with $5 billion in loans and grants since Egypt's Islamist President Mohamed Mursi was elected last year.