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Sunday, 9 December 2018

Italy offers economic support despite Regeni drama

Italy showing Egypt love despite Regeni tensions: Investment Minister Sahar Nasr has signed a EUR 45 mn agreement with Italian Ambassador to Egypt Giampaolo Cantini to support training and technical programs for SMEs and financing for companies that need to purchase production inputs, according to a ministry statement. Italy is also backing the launch of an internship program known as the Youth Employment Program for El Roda Company for Agricultural Development, an Egyptian start up, in partnership with the European Union and The European Bank for Reconstruction and Development, according to a statement. The support comes despite renewed tension between the two countries as Italy presses the Egyptian government for answers over the death of Giulio Regeni.

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