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Awarded for the first time at the annual meetings of Arab financial institutions in Rabat, Morocco; The South Helwan Power Station project won the Abdul Latif Youssef Al-Hamad Development Award in the Arab Region, in a Competition Among 11 Projects from Different Arab Countries
The South Helwan Power Station project won the Abdul Latif Youssef Al-Hamad Development Award in the Arab region during the 2023 joint annual meetings of Arab financial institutions held in Rabat, Morocco. This was presented by the Arab Fund for Economic and Social Development (AFESD) in a competition with 11 projects. It was nominated for the award, including two projects from Egypt and 9 projects from Jordan, Sudan, Djibouti, Somalia, Mauritania and Yemen, in addition to a project implemented at the regional level.
Read MoreWithin H.E.’s Meetings in Morocco: The Minister of International Cooperation H.E. Dr. Rania A. Al-Mashat Announces that Egypt will Host Annual High-Level meetings With Arab Financial Authorities and Institutions Next Year
The Minister of International Cooperation H.E. Dr. Rania A. Al-Mashat announced that the Arab Republic of Egypt will be hosting the Annual High-Level meetings With Arab Financial Authorities and Institutions next year. This is in light of the Egyptian government’s keenness to support the efforts of various joint Arab institutions, in order to achieve its development mission effectively and efficiently.
Read MoreWithin the framework of the partnership between the Ministry of International Cooperation, the Dutch Embassy and the Bank of Alexandria: The graduation of 76 startups during 4 sessions of the Orange Corners Upper Egypt Entrepreneurship Support Program.
The Ministry of International Cooperation, the Dutch Embassy, and the Bank of Alexandria celebrated the graduation of 76 startups over the course of 4 sessions of the Orange Corners Upper Egypt Program. This is implemented within the framework of the international partnership and cooperation of the Arab Republic of Egypt with multilateral and bilateral development partners, to support entrepreneurship and improve the startup environment in Egypt.
Read MoreDuring the Spring Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF), H.E. Dr. Rania A. Al-Mashat Holds Bilateral Meeting with the US nominee for the World Bank Group Presidency & Participates in Meeting with Governors
During the Spring Meetings in Washington, the Minister of International Cooperation and Governor of Egypt at the World Bank H.E. Dr. Rania A. Al-Mashat met with Ajay Banga, the US candidate for the presidency of the World Bank. The current president of the bank, David Malpass, is scheduled to leave his position at the end of the bank's fiscal year on June 30, after holding the position for 4 years,
Read MoreMinister of International Cooperation H.E. Dr. Rania A. Al-Mashat Participates in Human Capital Ministerial Conclave at the World Bank & IMF Spring Meetings
The Minister of International Cooperation and Governor of Egypt at the World Bank Group (WBG) H.E. Dr. Rania A. Al-Mashat participated in the 2023 Human Capital Project (HCP) Ministerial Conclave, within the activities of the World Bank and International Monetary Fund (IMF) Spring Meetings, which was held under the title "Investing in Human Capital to Accelerate Green Transition".
Read MoreMinister of International Cooperation H.E. Dr. Rania A. Al-Mashat Meets Iraqi Minister of Environment on Strengthening Joint Cooperation & Preparations of the Egyptian-Iraqi Joint Committee
The Egyptian Minister of International Cooperation H.E. Dr. Rania A. Al-Mashat met H.E. Dr. Nizar Amedy, Iraqi Minister of Environment, on the sidelines of the 2023 Spring Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF) in Washington.
Read MoreMinister of International Cooperation Holds Bilateral Meetings at the World Bank & IMF 2023 Spring Meetings
The Minister of International Cooperation and Governor of Egypt at the World Bank Group H.E. Dr. Rania A. Al-Mashat, held a number of bilateral meetings with representatives of governments and international financing institutions, during the World Bank and International Monetary Fund 2023 spring meetings in Washington, where she met officials of the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA), and the Climate Investment Funds (CIF).
Read MoreMinister of International Cooperation H.E. Dr. Rania A. Al-Mashat Thanks David Malpass, President of the World Bank, for his Efforts in Supporting the Partnership with Egypt Throughout his Tenure at the Bank.
During the 2023 World Bank Group and International Monetary Fund (IMF) Spring Meetings, in Washington, Dr. Rania Al-Mashat, Minister of International Cooperation and Governor of Egypt at the World Bank Group, met with Mr. David Malpass, President of the World Bank, who will be leaving his position at the end of the bank’s fiscal year on June 30.
Read MoreMinister of International Cooperation Meets the Presidents of the European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD) during the Spring Meetings in Washington.
H.E. Dr. Rania A. Al-Mashat, Minister of International Cooperation and Governor of Egypt at the World Bank Group (WBG), met Werner Hoyer, President of EIB, and Odile Renaud-Basso, President of EBRD, as part of their bilateral meetings and activities during their participation in the World Bank and International Monetary Fund (IMF) 2023 Spring Meetings in Washington.
Read MoreH.E. Dr. Rania A. Al-Mashat, Minister of International Cooperation, During the meeting of the African Consultative Group with David Malpass, President of the World Bank Group (WBG): We call on the World Bank to strengthen the call to activate the Loss and Damage Fund and provide technical assistance and reports to African countries
The Minister of International Cooperation and Governor of Egypt at the World Bank H.E. Dr. Rania A. Al-Mashat said that the climate crisis undermines development gains achieved over the past decades and raises poverty rates, especially in the African continent. H.E. also noted and thanked the World Bank for the climate finance delivered to Sub-Saharan Africa worth $14.3 billion, in addition to issuing Climate and Development Reports (CCDRs), adding that these reports will enable the World Bank and other development partners to tailor climate support to country needs by ensuring alignment with existing Country Partnership Frameworks (CPFs).
Read MoreMinister of International Cooperation meets Global Vice President for Government Affairs and Public Policy at Google at the Spring Meetings in Washington
The Minister of International Cooperation and Governor of Egypt at the World Bank Group H.E. Dr. Rania A. Al-Mashat met with Ambassador Karan Bhatia, Global Vice President for Government Affairs and Public Policy of Google, during her participation at the World Bank and International Monetary Fund (IMF) in Washington.
Read MoreAl-Mashat Particiaptes in Rockefeller Foundation Roundtable on Multilateral Development Bank Reform at the World Bank & IMF 2023 Spring Meetings
The Minister of International Cooperation and Governor of Egypt at the World Bank Group (WBG) H.E. Dr. Rania A. Al-Mashat participated in the round table organized by the Rockefeller Foundation and the Open Society Foundations, within the activities of the World Bank and International Monetary Fund (IMF) Spring Meetings in Washington, to discuss multilateral development bank reforms, the escalating global debt crisis, development efforts and climate action.
Read MoreMinister of International Cooperation H.E. Dr. Rania A. Al-Mashat Participates in Events to Discuss Private Sector Role in Sustainable Development Efforts & Climate Action with World Bank President, UN DSG & IMF Executive Director
The Minister of International Cooperation and Governor of Egypt at the World Bank Group H.E. Dr. Rania Al-Mashat, said that mobilizing resources from various relevant parties to finance climate change has become crucial, in order to face global challenges. H.E. pointed out that despite the challenges posed by climate change, financing is still at levels less than required, which highlights the need for innovative financing mechanisms.
Read MoreWithin the 2023 World Bank & IMF Spring Meetings, Minister of International Cooperation H.E. Dr. Rania A. Al-Mashat Participates in 2 Events on Egypt's Experience in the Country Climate Development Report (CCDR) & Green Hydrogen Generation
Within the framework of the series of events organized by the World Bank Group (WBG) to discuss climate and development issues in the Middle East and North Africa, during the 2023 Spring Meetings in Washington, Minister of International Cooperation and Governor of Egypt at the WBG H.E. Dr. Rania A. Al-Mashat, participated in two high-level meetings on “Accelerating Climate Smart Development - Implementing Lessons from the MENA CCDRs” and “MENA Day Event: Green Hydrogen Development – What does MENA need to do to become a Global Hub?”
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