A group of wealthy Gulf states have promised Egypt £12 billion in aid to stave off the country's growing economic crisis, Reuters reports.
The grants and loans unveiled by Saudi Arabia, the United Arab Emirates and Kuwait should boost Egyptian foreign reserves enough to keep government departments running and help authorities end fuel shortages.
One expert from a Riyadh-based investment firm, John Sfakianakis, estimated that £8 billion could give Egypt a breathing space of four to six months.
The Muslim Brotherhood tells ITV News they are against violence but will "pay the price of their blood" to restore their ousted president.
Egypt's army has named two further officials in the transitional government as its supporters and opponents vowed to stay on the streets.
There has been outrage in Egypt after 51 people were killed near an barracks where ousted President Mohamed Morsi is thought to be held.