“Saudi Arabia and other Gulf countries welcomed Egypt’s ouster of Morsi, which infuriated supporters of the Muslim Brotherhood’s president and sent them to the streets. King Abdullah was the first leader to send a message of congratulations to caretaker president Adly Mansour, who was appointed shortly after the army deposed Morsi following nationwide protests. Saudi Arabia later announced an aid package of $5 billion to Egypt. Kuwait and the United Arab Emirates followed suit, bringing the pledges made by the three oil-rich Arab states of the Gulf to $12 billion. The Saudi monarch pledged on Friday the kingdom’s support for Egypt’s fight against ‘terrorism’.”
http://www.rawstory.com/rs/2013/08/19/saudi-arabia-ready-to-replace-western-aid-to-egypt/