European Union
The EU pledged, Friday to provide Egypt with €1 billion in short-term financial aid to help stabilize the country's economy.
He clarified that the conference will be attended by President Abdel Fattah el-Sisi, President of the Republic, and Ursula von der Leyen, President of the European Commission.
The value of Egyptian exports to EU members declined by 31.8 percent year-on-year, amounting to $11.8 billion and the value of imports from EU members witnessed a drop of 9 percent and were valued at $19.4 billion
The plan's duration is between 2024 and 2027.
The European Commission president is holding a visit to Cairo – accompanied by a number of European heads of state – to attend the EU-Egypt Summit.
In another interview with the same publication, Maait confirmed that Egypt is set to receive an additional $3 billion from the World Bank in the coming period.
The purpose of the visit was to meet with the newly appointed President of the EIB, Calviño, and explore opportunities for enhancing collaboration and future joint efforts in line with the bilateral cooperation strategy between Egypt and the bank
That is in preparation for the investment conference Egypt will hold later this year.
The European Union (EU) has announced the allocation of additional economic and financial support to Egypt as both sides have agreed to elevate their relations to the level of a strategic partnership.
The meeting, co-chaired by High Representative Josep Borrell and Egyptian Foreign Minister Sameh Shoukry, focused on the success of the Economic and Investment Plan, which aims to mobilize €9 billion in investments for critical areas such as food, water, and energy
Egyptian Ambassador to Czech Republic Mahmoud Afifi met this week with the country's Special Envoy for Energy Security Vaclav Bartuska.
Minister of Foreign Affairs Sameh Shokry held a series of meetings with a number of EU commissioners in Brussels.
Minister of Foreign Affairs met Monday with his Bulgarian and Luxembourger counterparts in Brussels.
A business breakfast was hosted and attended by the Egyptian and European foreign ministers in Brussels.
Minister Shokry commended the role of Spain in backing the Palestinian Cause historically at the European Union (EU).
The endeavor capitalizes on the shortage in workers amounting to 100 million in the European Union and the United States.
The shipment was prepared in coordination with the European Civil Protection Mechanism.
The minister noted that France had dealt positively with the draft resolution on facilitating the entry of humanitarian aid.
The new HQ will enhance the bank’s cooperation with Egypt and Middle Eastern and North African (MENA) partners, as well as open “new opportunities to advance development efforts in the coming years,” according to an official statement
They also conferred over the necessity of unifying international messages directed at the Israeli side.
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