Egypt and EU host investment conference to aid Cairo in battling inflation and foreign currency crisis

Reported about 1 year ago

Egypt and the European Union held a two-day investment conference to support the strategic partnership agreement that includes a 7.4 billion-euro aid package for Egypt, focusing on grants and loans to address the country's economic challenges like foreign currency shortage and inflation. The conference aimed at advancing employment, skills, vaccines production, food security, sustainable development, and signing investment deals worth 40 billion euros with European companies, highlighting the ongoing reform programs and partnership between both Egypt and the EU.

Source: YAHOO

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