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.
The largest hospital in rebel-held Aleppo has been hit by barrel bombs, according to a NGO working in the city.
The Free Syrian Army has edged closer to Hama and has captured 13 villages previously that of the regime
Demonstrators from across Jordan’s political spectrum decry energy agreement inked with Jewish state
Infant is pulled from rubble of building flattened by regime, Russian warplanes
Five regime soldiers also die during ongoing clashes in northwestern Syria
Dozens of world leaders bid farewell to Shimon Peres in Jerusalem, whose detractors have described as ‘war criminal’
Syria's anti-regime opposition now stands only 15 kilometers from Hama city
If passed, law would allow victims of extremist attacks to sue foreign governments deemed responsible
The Tuwal district of Jazan, on the Saudi frontier with Yemen, came under fire on Thursday afternoon, wounding the border guard corporal, a ministry statement said.
"It is well into its terrible descent into the pitiless and merciless abyss of a humanitarian catastrophe unlike any we have witnessed in Syria," said the UN undersecretary-general for humanitarian affairs.
A Cairo court has approved the redrawing of the maritime boundary between Egypt and Saudi Arabia on Thursday, according to a report in Egypt’s state TV news portal Egynews.
Phone call dominated by violence in Aleppo plus Turkey's Operation Euphrates Shield in northern Syria
Turkish foreign minister insists any joint efforts must contain political solution, ceasefire
U.S. supports extremism by refusing to collaborate with Russia on fight against ISIL, Deputy Russian FM says
Funeral of former Israeli PM Shimon Peres – who passed away Wednesday – to be held same day
Russia said Wednesday it was ready to relaunch talks in Geneva with the United States following the collapse of a ceasefire.