Cairo-Mubasher: Saudi King Salman ordered increasing the Saudi investments in Egypt by SAR 30 billion (nearly $8 billion).
The King also ordered contributing to fulfill Egypt's oil needs for five years, in addition to boosting Suez Canal traffic, Saudi Press Agency reported.
Saudi Arabia, the UAE and Kuwait had offered nearly $23 billion in aid to Egypt, including deposits in Egypt's central bank and oil supplies.
The kingdom announced in Sharm El Skeikh conference that it will offer $4 billion to Egypt in form of deposits and investment projects.
In April 2015, Saudi Arabia deposited $2 billion in Egypt's central bank.