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#energy security

The European Union (EU) is providing Egypt with a EUR 117.9 million grant to support the budget of the water and energy sectors, the Ministry of International Cooperation announced in a statement. The Minister of International Cooperation Rania Al-Mashat, noted that the development financing grant falls in line with Egypt’s vision to strengthen international partnerships and spur sustainable economic growth through development financing. The Minister added that international partnerships have achieved mutual benefits for Egypt and the international community, as…