In a tense atmosphere after the killing of 55 supporters of the deposed president and threats of fresh mass protests by his supporters, the army installed an interim civilian government. It also warned against political scheming at the time of instability regarding squabbling about political posts.
Moves towards political stability were swiftly rewarded. Saudi Arabia said it had approved a $5bn (£3.4bn) aid package to Egypt and the UAE agreed to grant it $1bn and lend another $2bn. Both the conservative Gulf monarchies were hostile to Morsi and the Brotherhood.
Earlier, the interim government announced plans for elections and drew up an interim constitution that gave full executive and legislative plans to the interim president, Adly Mansour. It was welcomed by the US, which had previously expressed concerns about Morsi's removal, but praised the way that Egyptian officials had now are moving towards civilian government.
Morsi supporters were still gathering near the scene of Monday's killings, described as a massacre by the Brotherhood, but defended by the army and a uniformly uncritical state media as a response to a "terrorist" attack.