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Vol 65 No 14

Published 5th July 2024


Egypt

Ignoring abuses, Brussels courts El Sisi with energy funds 

After an EU summit offers billions for power projects, Cairo will have raised $90bn over the past year

Europe’s energy conglomerates queued up to sign a series of multi-billion euro deals with the Egyptian government on 29 and 30 June as President Abdel Fattah el Sisi continues to reap rewards from the regional shockwaves caused by the Gaza war, and the international community’s determination for Egypt to avoid economic crisis.

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