World Bulletin/News Desk
"The Finance Ministry has intensified its contacts (with Gulf states) to stand on the volume of financial aid announced," caretaker Finance Minister Fayyad Abdel Moneim told the Anadolu Agency in a phone interview Saturday.
Abdel Moneim spoke of contacts with Saudi Arabia, the United Arab Emirates (UAE), and Kuwait for urgent aid.
Saudi Arabia has already announced $8 billion, including $1 billion in non-refundable grant, he said.
Analysts said the country needs some $19.5 billion until June 2014 to cover debts and a $5.4 billion trade deficit.
Defense Minister Abdel Fatah al-Sisi phoned Saudi Kind Abdullah bin Abdel Aziz and UAE President Sheikh Khalifa bin Zayed al-Nuhayyan yesterday on the latest developments in Egypt.
King Abdullah was the first Arab and foreign leader to congratulate interim president Adly Mansour after his swearing-in ceremony.
Egypt's relations with both Saudi Arabia and the UAE took a downturn under Morsi.
Amnesty International released a report that the Saudi Arabia-led coalition has done anything to prevent civilian killings
Egyptian security forces have shot dead 13 Muslim Brotherhood members in an unprovoked attack.
Egypt launched air strikes killing 23 a day after the clashes in the North Sinai
British Prime Minister David Cameron's spokeswoman has said that growing evidence of ISIL posing a threat to the UK should be considered as a factor for joining against ISIL.
Different UN branches expressed their concerns about the deteriorating humanitarian situation in Yemen
PM of Egyptian dictatorship said Egypt was in a state of war and this new draft was necessary to battle with terror attack.
Child labor becomes increasingly common in Syria due to the deepening of the crisis
The death toll in attacks carried out by ISIL in North Sinai rose to 50 on Wednesday, security sources said.
Border clashes between Pakistani and Afghan security forces resulted into death of a policeman
Israel says around 40 Hamas member were detained around the city of Nablus in recent months
Security sources and witnesses said two explosions heard in Egypt's Rafah, Gaza border province.
The report prepared by UN over Gaza may be used as evidence of war crimes by Israel
The US has said that despite the challenges of Turkey, a buffer zone will not be supported.
A report by the UN has revealed that more than 135,000 asylum seekers have sought refuge in the EU in the first half of 2015.
According to Syrian Kurdish rebels they successfully re-took Tel Abyad after defeating ISIL
Staffan de Mistura will brief Ban Ki-moon next week on the current peace prospects in Syria