Gulf aid to Egypt

Egypt has reached an agreement with Saudi Arabia (KSA) whereby KSA will provide petroleum aid to Egypt worth US$1.4 billion…

Leaked conversations between President Abdel Fattah al-Sisi and members of his presidency and army staff regularly aired by pro-Muslim Brotherhood…

Egypt’s Prime Minister Ibrahim Mehleb has denied recent news reports claiming that his country would receive US$10 billion in depository…

As Saudi Arabia announced last Friday both the death of its 10-year ruler, King Abdullah bin Abdulaziz, and the coronation…

Gulf countries' aid to Egypt has declined by 98 percent during July-November 2014/2015 recording LE700 million compared to LE36.8 billion…

The Egyptian government seeks to obtain a new Saudi deposit, worth up 2 billion Saudi riyals (US$1.06 billion) in the…

Egypt is expected to receive US$5 billion in depository aid from Saudi Arabia and the UAE later this month to…

Washington (AFP) - Egypt will need further international assistance to put its economy back on track despite receiving huge loans…

The Ministry of Petroleum received fuel shipments valued at US$2.48 billion from Saudi Arabia, UAE and Kuwait in November, a…

Egypt is engaged in a high stakes gamble, using billions of dollars from Gulf Arab allies to stimulate the economy and keep its…