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Germany earmarks $500m for Egyptian economy

Germany earmarks $500m for Egyptian economy
The agreement includes providing $250 million to support Egypt’s economic programme (Photo Credit: Arabianeye-Reuters)

Cairo – Mubasher: Germany has allocated $500 million to support Egypt’s economy, the international cooperation ministry said on Friday.

The agreement includes providing $250 million to support Egypt’s economic programme, as well as $250 million to support several other sectors, including micro-enterprises and the small and medium-sized enterprises, according to the official statement.