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A high-ranking delegation from the European Union (EU), including President of the European Commission Ursula von der Leyen, announced a substantial funding package of USD 8.06 billion (EGP 385.38 billion) for Egypt on 17 March, the organization announced in a press release circulated across media outlets. The package was unveiled during a visit to Cairo from the Italian, Greek, Austrian and Belgian prime ministers, the Cypriot president, and Leyen to meet Egyptian President Abdel Fattah Al-Sisi. "The EU and Egypt…