Saudi Arabia to give Egypt up to $4.0b more aid


FE Team | Published: January 31, 2014 00:00:00 | Updated: November 30, 2026 06:01:00


CAIRO, Jan 30 (Reuters): Saudi Arabia is expected to give Egypt up to $4 billion in additional aid in the form of central bank deposits and petroleum products, state-run Egyptian newspaper Al Ahram reported on Thursday.
Citing an unnamed ministerial source, the newspaper said the package would be worked out during a visit next week to the kingdom by Egypt's interim prime minister Hazem el-Beblawi.
Gulf Arab states have showered Egypt with billions of dollars since the army toppled President Mohamed Mursi of the Muslim Brotherhood in July.

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