Gulf aid to Egypt
Newspaper: Saudi Arabia offers petroleum aid to Egypt worth $1.4 billion
Egypt
August 9, 2015
Newspaper: Saudi Arabia offers petroleum aid to Egypt worth $1.4 billion
Egypt has reached an agreement with Saudi Arabia (KSA) whereby KSA will provide petroleum aid to Egypt worth US$1.4 billion…
Huffington Post: Sisi’s Gulf-deriding recordings are genuine
Egypt
February 25, 2015
Huffington Post: Sisi’s Gulf-deriding recordings are genuine
Leaked conversations between President Abdel Fattah al-Sisi and members of his presidency and army staff regularly aired by pro-Muslim Brotherhood…
PM denies reports on fresh, billions-worth Gulf aid
Egypt
February 5, 2015
PM denies reports on fresh, billions-worth Gulf aid
Egypt’s Prime Minister Ibrahim Mehleb has denied recent news reports claiming that his country would receive US$10 billion in depository…
Does Egypt’s confidence in new Saudi monarch have grounds?
Egypt
January 29, 2015
Does Egypt’s confidence in new Saudi monarch have grounds?
As Saudi Arabia announced last Friday both the death of its 10-year ruler, King Abdullah bin Abdulaziz, and the coronation…
Report: Gulf aid to Egypt declines 98% in five Month of 2014/15
Egypt
January 4, 2015
Report: Gulf aid to Egypt declines 98% in five Month of 2014/15
Gulf countries' aid to Egypt has declined by 98 percent during July-November 2014/2015 recording LE700 million compared to LE36.8 billion…
Egypt negotiates over new Saudi deposit worth US$1 billion
Egypt
November 10, 2014
Egypt negotiates over new Saudi deposit worth US$1 billion
The Egyptian government seeks to obtain a new Saudi deposit, worth up 2 billion Saudi riyals (US$1.06 billion) in the…
Saudi Arabia and UAE offer Egypt US$5 billion later this month
Egypt
October 13, 2014
Saudi Arabia and UAE offer Egypt US$5 billion later this month
Egypt is expected to receive US$5 billion in depository aid from Saudi Arabia and the UAE later this month to…
Egypt to need more financial support: IMF
Business
April 13, 2014
Egypt to need more financial support: IMF
Washington (AFP) - Egypt will need further international assistance to put its economy back on track despite receiving huge loans…
Egypt received fuel from Gulf at $2.48 bn in November
Business
December 3, 2013
Egypt received fuel from Gulf at $2.48 bn in November
The Ministry of Petroleum received fuel shipments valued at US$2.48 billion from Saudi Arabia, UAE and Kuwait in November, a…
Egypt relies on Gulf aid for economy: Then what?
Economy
November 10, 2013
Egypt relies on Gulf aid for economy: Then what?
Egypt is engaged in a high stakes gamble, using billions of dollars from Gulf Arab allies to stimulate the economy and keep its…