Gulf Arab governments are willing to pour billions of dollars into Egypt to prop up an ally's economy, but businessmen from the wealthy region are far more wary of a country where they have been burned before.
Saudi Arabia, Kuwait and the UAE came to Egypt's aid after the army toppled IslamistPresident Mohamed Mursi in July following mass protests against his rule.
The oil-producing states, deeply distrustful of Mursi's Muslim Brotherhood, pledged over $12 billion to help an economy that has been battered by political upheaval since a popular uprising ousted autocratHosni Mubarak in 2011.
This week at a Cairo conference designed to lure Gulf investors, officials promised to pay back some of the $6 billion Egypt owes foreign oil firms, reform legislation that hurts investors, and reduce the country's cumbersome bureaucracy.
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