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.
Thursday’s vote make Diaz-Canel first person outside Castro family to rule country in almost 60 years
Syrian regime had no clear picture of what was happening to them, says U.S. general, referring to U.S.-led joint attack
Hamas, Islamic Jihad announced plans earlier to boycott scheduled meeting of PLO’s National Council
Canadian provinces at war over future delivery of oil to Pacific countries
Terrorists killed during operations in Saladin governorate
Decision follows Ecuador’s withdrawal as mediator in talks between Bogota and rebel group
The economic damage of trade war will be smaller than its perceived risk, experts say
Top court says in 5-4 decision federal statute is 'unconstitutionally vague'
'Both chlorine and sarin gas were used in the attack,' says State Department spokesperson
Move ‘is just one step in a journey that requires dedication,’ says coffee chain’s CEO
Turkish Air Force targets Zap region in northern Iraq, according to military
German foreign minister calls for reviving political talks after US-led airstrikes on Assad regime
Over $300 million worth of weapons and equipment will go to US allies in Syria if approved by Congress
The Japanese prime minister will make his second visit to Trump's ostentatious Palm Beach, Florida estate, when the focus will be on trade and security.
Still no explanation for illnesses experienced by Canadians, Americans
The ruling comes as the social network is snared in a scandal over the mishandling of 87 million users' data ahead of the 2016 US presidential election.