Jul 5, 2026
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The EU-Egypt money pipeline: €1.5 billion, with more before autumn

Egypt

The EU-Egypt money pipeline: €1.5 billion, with more before autumn

Money is on its way to Cairo. Egyptian Foreign Minister Badr Abdelatty confirmed Saturday that a €1.5 billion tranche from the European Union's macro-financial assistance package will arrive within days, the first of two remaining instalments from a €5 billion facility that forms the centrepiece of a broader EU-Egypt financial partnership.

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