UPDATE 1-No more “free” Saudi money for Egypt -Saudi businessman familiar with matter

CAIRO, April 8 (Reuters) – Saudi Arabia’s financial support for strategic ally Egypt will no longer involve “free money” and Riyadh will focus on soft loans and a return on investment to help it grapple with low oil prices, a Saudi businessman familiar with the matter said.

UPDATE 1-No more “free” Saudi money for Egypt -Saudi businessman familiar with matter

CAIRO, April 8 (Reuters) – Saudi Arabia’s financial support for strategic ally Egypt will no longer involve “free money” and Riyadh will focus on soft loans and a return on investment to help it grapple with low oil prices, a Saudi businessman familiar with the matter said.

No more “free” Saudi money for Egypt -Saudi businessman familiar with matter

CAIRO, April 8 (Reuters) – Saudi Arabia’s financial support for strategic ally Egypt will no longer involve “free money” and Riyadh will focus on soft loans and a return on investment as it diversifies sources of revenue, a Saudi businessman familiar with the matter said.

No more “free” Saudi money for Egypt -Saudi businessman familiar with matter

CAIRO, April 8 (Reuters) – Saudi Arabia’s financial support for strategic ally Egypt will no longer involve “free money” and Riyadh will focus on soft loans and a return on investment as it diversifies sources of revenue, a Saudi businessman familiar with the matter said.