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 Houthi have abducted Yemeni lawyer Ahmed al-Hajj and three of his sons from his home in Ibb province.
Qatar will open an embassy in Baghdad, Iraq's foreign minister said Friday.
ISIL has claimed responsibility for the suicide attack at the entrance of a mosque in Saudi Arabia today.
A nine year $12 billion dollar petrochemical project will be built in the Iranian city of Chabahar.
Iran has shared a very limited amount of information with the IAEA with no breakthrough in its inquiry regarding Iran's nuclear plans.
Syrian government forces have evacuated Ariha as the alliance of opposition forces have advanced upon the Syrian town of Ariha which borders Turkey
The bomb detonated outside Imam Hussein mosque in the city of al-Dammam during the Friday sermon.
The UN aid chief in her final briefing to Security Council, has painted a disturbed picture of the savagery of the war.
Saudi-led coalition warplanes struck Houthi militias in Yemen on Friday
The EU has extended the sanction over Syria for another year, also adding a senior official to its sanctions list.
Israel already gets at least $3 billion annually from Washington however fears over an Iran deal has seen a request from Israel to the US to increase the spending.
Yemen border strikes have killed two Saudis on Wednesday, with the Yemeni death toll nearing 2,000 according to WHO.
Egyptian forces have arrested Mohame Taha Wahdan, near Cairo. Wahdan had been absent from the public since mid-2013.
The imam of Al Azhar Grand Imam Ahmed al-Tayeb has agreed to meet with French far-right leader Marine Le Pen.
With pressure mounting on Sepp Blatter to step aside, the UK Prime Minister David Cameron has called for the backing of Jordan's Prince Ali bin Ali Hussein has a candidate.
Iran's Foreign Minister Javad Zarif has said on Thursday he was hopeful that a deal regarding the nuclear negotiations would be finalized in the earliest possible time.