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, according to Reuters.
Gulf Arab states have showered Egypt with billions of dollars since the army toppled President Mohamed Mursi of the Muslim Brotherhood in July.
The funds have kept the economy afloat during political turmoil which has hit investment and tourism hard.
Egypt will announce within days details of a second stimulus package since Mursi was ousted, its finance minister said on Tuesday, aiming to boost tepid growth rates and reassure investors.
The economy grew by just 1.04 percent in the three months through last September from a year earlier, according to central bank data.
Jamala’s song became soundtrack to film about Fanny Kaplan
Ukraine penalizes Russian airlines for flights to Crimea
Occupants continue to "bury" imported products in Crimea
Turkey continues to advance into Syria and Iraq
2016 Sakharov Prize winners named
Argentine Ambassador issued a statement on Crimea and Donbas
Ministry of Justice: Lustration is almost complete
Russia provided new data on downed Boeing
Ukrainian MFA protests against Putin's visit to Crimea
MFA compares trial of Chiygoz with Stalinist repression
School with children bombed in Syria
Hayser Jemilev denied early release
Ankara: The evidence to arrest Gulen is sufficient
Putin promised Crimeans ‘pipe & different life’ at year-end
NATO Ex-official: Putin feared in vain and annexed Crimea
NATO: Russia funding separatists in Eastern Ukraine
Turkish food entering Ukrainian market
WorldFood Ukraine gathers 125 companies from 13 countries
Ukrainian military to take part in US Marine Corps Marathon
Occupants fined Mejlis member in Crimea
Occupants try to show the scale of terrorism in Crimea
Kiev does not intend to leave demarcation line in Donbas
ATO Digest: Mariupol direction under fire
EU strengthens sanctions against RF with 5 countries
Sebastopol streets are swamp with litter