CAIRO: Iran has offered to lend money to cash-strapped Egypt despite being under international economic sanctions itself over its nuclear programme, visiting President Mahmoud Ahmadinejad was quoted today as saying.
The two countries do not have diplomatic relations but Egypt’s first Islamist president, Mohamed Mursi, gave Ahmadinejad a red-carpet welcome yesterday when he became the first Iranian leader to visit in more than 34 years.
Ahmadinejad told the Egyptian daily al-Ahram in an interview that he has said previously that they can offer a big credit line to the Egyptian brothers, and many services.
He did not say if there had been any response.
The president said the Iranian economy had been affected by sanctions but it is a great economy that was witnessing positive matters, saying exports were increasing gradually.