On system update, Grub throws an error regarding EFI

Your partition layout is EFI.

The EFI partition size indicates a former Windows system.

Switch the system firmware to use EFI.

Boot a live USB - then follow [root tip] [recovery] Basic Manjaro Linux Rescue and Recovery

EFI is a boot loader it self - which need firmware entries to identify which loaders are present and where they are stored.

GRUB is yet another boot loader which - is a part of the Manjaro ISO.

The lack of boot entries in the firmware - the following is a guess - may have been caused by a firmware update where your boot entries has been removed or by a failing CMOS battery.

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