Egypt negotiating €800 million finances from some European countries – minister

Egypt is negotiating a number of European countries to obtain €800 million ($868.5 million) in finances, Egyptian Minister of International Cooperation Sahar Nasr said Sunday.

The requested money will be in forms of grants and loans to go for financing developmental projects and supporting the country’s budget, Nasr told Amwal Al Ghad on the sidelines of an economic conference took place in Cairo.