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Egypt has received 1 billion euros from the European Union and is set to receive a total of 3 billion euros in two tranches in 2026, the International Cooperation Ministry said.

The grant is part of a 5 billion euro ($5.82 billion) macro-financial assistance package from the EU. Egypt received the first tranche in January 2025.

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DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.