Cairo: Egypt expects to receive the remaining four billion euros from a European Union financial support package by 2027, as part of a broader partnership aimed at helping the country stabilise its economy amid growing regional and global pressures.
The support is part of a wider 7.4 billion euro package agreed between Egypt and the European Union for the period from 2024 to 2027. Of this amount, five billion euros are allocated as macro financial assistance in the form of low interest loans.
Egypt has already received one billion euros. The remaining four billion euros are expected to be released in stages, linked to economic reforms and reviews carried out under Egypt’s programme with the International Monetary Fund.
Egyptian officials said the funding will help the country cope with rising economic strain caused by regional conflicts, disruptions to Red Sea shipping routes and pressure on foreign currency reserves. Tourism and Suez Canal revenues have both been affected by instability in the region.
The financial assistance forms part of a new strategic partnership between Egypt and the EU, which was strengthened during a summit held in late 2025. At that meeting, attended by President Abdel Fattah el Sisi, both sides agreed to deepen cooperation in areas such as trade, investment, energy, research and migration management.
In addition to loans, the EU package includes grants and investment support aimed at improving public services, supporting social protection and encouraging private sector growth. Some funds are also directed towards education, healthcare and green transition projects.
EU officials have said the release of future tranches will depend on continued economic reforms and policy commitments by Egypt. Despite criticism from some rights groups, both sides have stressed the importance of stability and economic recovery in a region facing prolonged uncertainty.
If fully implemented, the EU support is expected to play a key role in helping Egypt manage its financial challenges and support long term economic recovery through 2027.