Minister of International Cooperation, Sahar Nasr expressed her appreciation for Saudi Arabia's constant financial support to Egypt, Al Bawaba News reported. Deputy crown prince of Saudi Arabia, Mohamed bin Salman announced in December his country's intention to raise the volume of investments in Egypt to SR 30bn and $2bn grants and loans, as well as a five-year oil aid. Nasr stressed that the Saudi aids will be used in developing the Sinai Peninsula, which is suffering from the spread of terrorism.