During The Minister of International Cooperation H.E. Dr. Rania A. Al-Mashat’s Speech to Members of the Executive Board and Senior management of the IFAD: The partnership with the IFAD has promoted innovative solutions to advance rural development, support small farmers and resilience to climate change.

The Minister of International Cooperation H.E. Dr. Rania A. Al-Mashat, delivered a speech to members of the Executive Board and Senior Management of the International Fund for Agricultural Development (IFAD) as part of the activities of the 2nd session of the 13th replenishment consultations held at the IFAD’s headquarters in Italy, to increase capital and mobilize the necessary resources to support the Fund's efforts to promote development. The President of IFAD, Alvaro Lario, invited Al-Mashat to review aspects of the effective partnership between Egypt and the Fund and its role in promoting comprehensive and sustainable rural development, supporting small farmers and motivating member states to inject more resources.

The IFAD Allocates Development Experiences with Egypt and its Role in the NWFE Program to Promote Efforts to Mobilize Funds & Increase its Capital

The Minister of International Cooperation H.E. Dr. Rania A. Al-Mashat is participating in the 2nd session of the consultation on the 13th replenishment of the International Fund for Agricultural Development’s (IFAD) resources, held in Italy on June 19 and 20.

The IFC and Egypt Share an Extended Relationship with Exceptional Partnerships to Stimulate Private Sector Investment

The relationship between the Egyptian government and the International Finance Corporation (IFC) is part of the broader relationship with the World Bank Group (WBG). The WGB is one of the largest multilateral development partners that the Arab Republic of Egypt cooperates with to support and stimulate sustainable development efforts. The WBG, along with the IFC, follows the International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA), which supports low-income countries through highly concessional development financing, the Multilateral Investment Guarantee Agency (MIGA) and the International Center for Settlement of Investment Disputes (ICSID).

IFC Appointed as Strategic Advisor to Government of Egypt for its Asset Monetization Program

IFC is joining forces with the Government of Egypt to boost private sector participation in the economy – helping to increase competitiveness, create jobs, and improve living standards for Egyptians.

During her Speech at the Press Conference of the Transaction Advisory Services Agreement (“TASA”) Signing Ceremony between Egypt & the IFC, the Minister of International Cooperation and Governor of Egypt at the WBG H.E. Dr. Rania A. Al-Mashat: The agreement is the first one following the approval of the CPF with the WBG 2023-2027 to enhance joint efforts to empower private sector participation.

The Minister of International Cooperation and Governor of Egypt at the World Bank Group (WBG) H.E. Dr. Rania A. Al-Mashat stated that joint relations with the International Finance Corporation (IFC) greatly enhance efforts to empower the private sector, attract investments and provide opportunities to contribute to a greater role in various fields of development, especially green financing and the priority sectors of the state.

Minister of International Cooperation H.E. Dr. Rania A. Al-Mashat Witnesses the Signing of the UNFPA CPD 2023-2027

The Minister of International Cooperation H.E. Dr. Rania A. Al-Mashat said that the Country Partnership Document (CPD) with the United Nations Population Fund (UNFPA) 2023-2027 falls under the umbrella of the United Nations Sustainable Development Cooperation Framework (UNSDCF). The partnership forms cooperation programs with the government in a way that reflects national needs and priorities, specifically in the areas of gender equality and developing the capacities of adolescents and youth. H.E. noted that with the launch of the CPD for national consultations in November 2021, the Ministry of International Cooperation and the Ministry of Foreign Affairs worked side by side with the UNFPA to ensure that the document is consistent with national priorities related to equal opportunities for gender, and empowering youth to accelerate the pace of sustainable development.

The Minister of International Cooperation H.E. Dr. Rania A. Al-Mashat Witnesses the Signing of a Development Financing Agreement Worth 150 Million EGP between the Saudi Grant Management Committee and the Micro, Small and Medium Enterprises Development Agency (MSMEDA) to Support Industrial Projects, Focus on Supply Chains and Provide Raw Materials

The Minister of International Cooperation H.E. Dr. Rania A. Al-Mashat witnessed the signing of a financing agreement between the Saudi Grant Management Committee and MSMEDA, at a value of 150 million EGP, to contribute to the financing of MSMEs, on the sidelines of the committee’s meetings in Cairo that were held over the course of three days, at the headquarters of the Ministry of International Cooperation from 11 to 13 June 2023.

The Ministry of International Cooperation and the Korean Embassy Signe a Development Financing Agreement Worth $460 Million to Supply 40 Train Units for the 2nd and 3rd Lines of the Greater Cairo Metro in Line With Partnership between Egypt and South Korea

In line with the cooperation and strategic partnership between the two countries, and after South Korea chose Egypt to become the strategic partner in the field of development cooperation for the next five years, a development financing agreement worth $460 million for the implementation of the manufacturing and supplying 40 train units (320 wagons) for the 2nd and 3rd lines of the Greater Cairo Metro project, through the concessional financing window provided through the Korean Cooperation Fund for Economic Development of the Export-Import Bank of Korea.

ُThe Minister of International Cooperation H.E. Dr. Rania A. Al-Mashat and the Iraqi Minister of Trade, Chair the Preparatory Meetings at the Ministerial Level for the 2nd Egyptian-Iraqi joint committee Session

Yesterday, Monday, the Minister of International Cooperation H.E. Dr. Rania A. Al-Mashat and Iraqi Minister of Trade H.E. Dr. Atheer Al-Ghurairy chaired the preparatory meetings at the ministerial level for the second session of the Egyptian-Iraqi joint committee, held from June 10 to 13.

The Minister of International Cooperation H.E. Dr. Rania A. Al-Mashat Speech Highlights at the Second Annual Conference of the Chamber of Food Industries

The Minister of International Cooperation H.E. Dr. Rania A. Al-Mashat said that food security is one of the most challenging sectors in the world in the current period as a result of the repercussions of the COVID-19 pandemic and the Russian-Ukrainian crisis that resulted in an increase in food prices. This confirms the need for concerted efforts by the international community to enhance security. In this regard, the government is making great efforts at the level of economic reforms and various measures that support the food industry sector and stimulate investments and exports in this vital sector.

During her Speech at the Opening Session of the Arab-China Business Conference in Saudi Arabia, Minister of International Cooperation H.E. Dr. Rania A. Al-Mashat Stressed that Egypt and China Have Close Relations, Pivotal Investment & Economic Partnerships.

The Minister of International Cooperation H.E. Dr. Rania A. Al-Mashat Participates in the Opening of the 10th Session of the Arab-China Business Conference in the Kingdom of Saudi Arabia with the Aim of Enhancing Mutual Investments with China

The Minister of International Cooperation H.E. Dr. Rania A. Al-Mashat participates in the opening of the tenth session of the Arab-China Business Conference in the Kingdom of Saudi Arabia on June 11 and 12, under the auspices of Prince Mohammed Bin Salman, the Saudi Crown Prince, with the participation of delegations from 23 Arab countries along with a delegation from the Republic of China, to discuss prospects and opportunities for economic cooperation and joint investment.

The Ministry of International Cooperation Begins Preparatory Meetings at the Expert Level for the 2nd Session of the Egyptian-Iraqi Joint Committee in Cairo

In continuation of efforts to develop joint Egyptian-Iraqi relations, in implementation of the directives of President Abdel Fattah El-Sisi, President of the Arab Republic of Egypt, preparatory meetings at the expert level for the second session of the Egyptian-Iraqi joint committee, headed by the Ministry of International Cooperation from the Egyptian side, and the Ministry of Trade from the Iraqi side, starts today in Cairo.

Following Updated Strategies with Multilateral and Bilateral Development Partners, the Minister of International Cooperation H.E. Dr. Rania A. Al-Mashat Announces that the Ministry is Developing an Integrated Framework for Development Cooperation to Maximize the Benefit from Concessional Development Funds

The Minister of International Cooperation H.E. Dr. Rania A.Al-Mashat announced that in light of the Government of Egypt’s vision to strengthen economic relations with multilateral and bilateral development partners at the regional and international levels and to mobilize efforts to achieve economic development in all sectors, the Ministry of International Cooperation is developing an integrated framework for development cooperation that acts as an umbrella under which all strategies with multilateral and bilateral development partners are involved. This is a way to enhance integration efforts, maximize the use of development funds in meeting the country’s priorities, stimulate the principles of transparency, inclusiveness and integration, maximize the use of concessional development funds to achieve development, promote climate action and expand mechanisms of private sector support.