Egypt, EU to sign cooperation agreements at the end of the month during Mogherini visit: Egypt is set to sign a number of agreements with the European Union at the end of the month, during EU foreign policy chief Federica Mogherini’s visit to Cairo on 30 April, which should see both sides cooperate on various projects under the 2017-2022 cooperation framework. Nasr discussed ways to boost cooperation under the framework, in fields including energy, transport, sanitation, health, education, and the empowerment of women, with the EU with Regional Policy Commissioner Johannes Hahn ahead of Mogherini visit, the Investment Ministry said in a statement. Nasr, who also discussed progress on the Sinai development strategy with Saudi Fund for Development VP Yousef Albassam, said that the EU is Egypt’s largest lender with a portfolio of c. EUR 11 bn in grants and loans.
More from Enterprise
Banque du Caire’s blockbuster IPO holds firm against EGX selloff
The IFC and the EBRD are in for USD 100…
Electricity Ministry studies changing how your electricity bill gets calculated
The plan is still under study, and neither of the…
EGX30 sheds 4.43% in October to post its first back-to-back monthly loss of 2026
The benchmark fell 4.43% and the small caps twice as…
DPI closes Egypt-born fintech fund Nclude at USD 112 mn
The final close adds roughly USD 7 mn to a…