European Commission President Ursula von der Leyen addressed a conference in Cairo on Saturday to mark the signing of an agreement that will see the EU invest €1 billion ($1.1 billion) in Egypt. “Today, Egypt and Europe are closer than ever before, so this is a true win-win partnership for Egypt and for Europe alike,” said von der Leyen. The €1 billion financing agreement is the first tranche of a larger €7.4 billion package that von der Leyen announced in March. The money will be invested in sectors including clean energy, manufacturing, and food security, according to the commission. Von der…