This funding is part of a €7.4 billion financial package announced during the Egypt-EU summit in March, attended by President Abdel Fattah El-Sisi and European Commission President Ursula von der Leyen.
Egypt and France expand cooperation with major development projects across key sectors.
Egypt and the EU discuss a €1 billion MFA program to support structural reforms and economic growth.
He emphasized a focus on diversifying financing sources, expanding investor base, and implementing governance policies to prioritize high-impact spending areas
The largest portion of the funding, €1 billion, will be allocated to macro-financial assistance.
