Riyadh: United States (US) Secretary of State John Kerry has arrived Saudi Arabia on Sunday after a stop in Cairo where he pledged renewed financial assistance to Egypt.
Kerry has arrived Saudi capital on Sunday for talks with the Gulf monarchies on Iran and the deadly conflict roiling Syria.
Kerry, on his first trip to the region since taking over as the top US diplomat, was to dine with foreign ministers of the Gulf Cooperation Council, the group of six Gulf monarchies including Saudi Arabia.
On Monday he will hold separate talks with each GCC nation.
Earlier, on Sunday, during a meeting with Egypt’s President Mohamed Morsi on Sunday, Kerry said the U.S. will provide $190 million immediately as part of a larger $450 million assistance package to spur crucial economic reforms. He also said Washington will give an additional $60 million for a new enterprise fund to support Egyptian entrepreneurs and young people.
For his part, Mr. Morsi gave assurances that Cairo will implement political and economic reforms to help stabilize his bitterly divided country.
Mr. Morsi also promised to finalize an agreement with the International Monetary Fund on a $4.8 billion loan package that has languished for months.