Egypt's Foreign Minister Badr Abdelatty announced on Saturday that Cairo expects to receive $1.7 billion from the European Union within days, representing the first of two remaining tranches of a $5.7 billion macro-financial assistance package. The EU funding forms part of Europe's broader strategy to stabilise Egypt's economy, with Brussels viewing Cairo as a key partner given its role in managing migration flows, influencing regional conflicts, and navigating disruptions in the Red Sea. The disbursement coincides with Egypt's ongoing implementation of economic reforms under an IMF-backed programme aimed at addressing years of rising external debt, high inflation, and foreign currency shortages, with Abdelatty expressing hope that the final payment will arrive by early autumn.