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.
Palestinians mark 6th anniversary of deadly raid on Turkish aid flotilla that had sought to break Israeli embargo on Gaza
UK Special Representative for Syria Gareth Bayley says Assad regime uses 'starvation and suffering as a weapon of war'
2016 so far is a deadly year for refugees crossing the Mediterranean, with 2,510 lives lost already, says UN refugee agency
Iran Petroleum Contract to launch joint ventures for crude oil and gas production with international companies being paid a share of the total output
ISIL sweeps towards the opposition strongholds of Marea and nearby Azaz in Aleppo province, forcing thousands of civilians to flee
At least 23 rebels and 15 Yemeni soldiers died as a result of the latest fighting
Elite troops support SDF fighters in operation to seize control of northern Raqqa, the home province of ISIL 'capital'
Development comes as ongoing Yemen talks in Kuwait remain in deadlock
The Syrian Observatory for Human Rights monitoring group counted 10 air strikes on the city of Idlib in the evening, which it said killed dozens of civilians, including children
Palestine, Turkmenistan agree to bolster diplomatic ties
The new terminal, due to be completed in six years, will raise capacity at Kuwait's only airport to 25 million passengers annually from around seven million now
Appointment of Avigdor Lieberman comes as quid pro quo for his Yisrael Beiteinu party joining fragile Netanyahu government
Mohamed Badie, the Brotherhood's supreme guide, has already been sentenced to death and prison terms in other trials
'The coalition crisis is over and the cabinet will convene tomorrow (Monday) morning to approve the appointment of the ministers,' Netanyahu's Likud party says
Mohammed Alloush condemns the international community's 'inability to enforce resolutions, in particular regarding humanitarian issues, (such as) the lifting of sieges, access to aid, the release of prisoners and adherence to the ceasefire'
'Iraq's problem is religious conflicts caused by Iranian interference,' says Saudi Foreign Minister Adel al-Jubeir