ECONOMICS - Egypt to get $5 billion in fresh aid from Saudi Arabia:
"A new package of Saudi financial aid to Cairo will be announced within a few days, a high-ranking Egyptian Finance Ministry official said Dec. 1.
The package amounts to $5 billion, the official, who spoke on the condition of anonymity, told the Anadolu Agency over the phone. He said negotiations between Cairo and Riyadh over the package lasted for a month and the package would be in the form of grants, a deposit at the Central Bank of Egypt and petroleum products.
The official added that the aid package is expected to include $1 billion in non-refundable grants."
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