Egypt was a member of the allied coalition during the 1991 Gulf War; Egyptian infantry were some of the first to land in Saudi Arabia to remove Iraqi forces from Kuwait.
Egypt's participation in the war solidified its central role in the Arab World and brought financial benefits for the Egyptian government.
Reports of sums of up to US$20 billion worth of debt forgiveness were published in the news media.
According to The Economist: 
The programme worked like a charm: a textbook case, says the [International Monetary Fund].
In fact, luck was on Hosni Mubarak's side; when the US was hunting for a military alliance to force Iraq out of Kuwait, Egypt's president joined without hesitation.
After the war, his reward was that America, the Arab states of the Persian Gulf, and Europe forgave Egypt around $20 billion of debt.
Egypt was a member of the allied coalition during the 1991 Gulf War; Egyptian infantry were some of the first to land in Saudi Arabia to remove Iraqi forces from Kuwait. Egypt's participation in the war solidified its central role in the Arab World and brought financial benefits for the Egyptian government. Reports of sums of up to US$20 billion worth of debt forgiveness were published in the news media. According to The Economist: 
The programme worked like a charm: a textbook case, says the [International Monetary Fund]. In fact, luck was on Hosni Mubarak's side; when the US was hunting for a military alliance to force Iraq out of Kuwait, Egypt's president joined without hesitation. After the war, his reward was that America, the Arab states of the Persian Gulf, and Europe forgave Egypt around $20 billion of debt.
Hosni Mubarak