Egypt's Arab Gulf partners have shown waning interest in aiding Cairo amid its uncertain fiscal outlook as it struggles with a mounting economic crisis. It seems that the era of Egypt receiving unrestricted funding, particularly from Saudi Arabia, may have come to an end, amid rumours of a rift. In January, the International Monetary Fund (IMF) encouraged Egypt’s Gulf Cooperation Council (GCC) allies to do more to assist Egypt financially. Just before that, the IMF approved Cairo's application for a $3 billion Extended Fund Facility agreement for a 46-month period in order to preserve macroeconomic stability, rebuild buffers, and clear the way for inclusive and privat
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