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Minister of International Cooperation H.E. Dr. Rania A. Al-Mashat Hold Talks With Hungarian Minister of Foreign Affairs and Trade H.E. Péter Szijjártó Within the Activities of the Joint Committee

Within the framework of the activities of the joint Egyptian-Hungarian Committee for Economic, Scientific and Technical Cooperation, held in Budapest, the capital of Hungary, the Minister of International Cooperation H.E. Dr. Rania A. Al-Mashat held extensive discussions with the Hungarian Minister of Foreign Affairs and Trade H.E. Péter Szijjártó on efforts to strengthen joint Egyptian-Hungarian relations, and open horizons on all economic, commercial and investment levels; utilizing the positive relations between both countries.

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Held in Budapest, Hungary: The joint Egyptian-Hungarian Committee for Economic, Scientific and Technical Cooperation launched Today at the Expert Level, led by the Ministry of International Cooperation

Today, the joint Egyptian-Hungarian Committee for Economic, Scientific and Technical Cooperation began at the expert-level in Budapest, Hungary, headed by the Ministry of International Cooperation from the Egyptian side and the Ministry of Foreign Affairs and Trade from the Hungarian side, where areas of common interest will be discussed within the framework of Egypt's commitment to strengthen bilateral relations with Hungary across all areas, especially economic, scientific and technical cooperation.

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In light of the partnership with the European Bank for Reconstruction and Development: Minister of International Cooperation H.E. Dr. Rania A. Al-Mashat Witnessed Launch of the Green Economy Financing Facility Egypt II – GEFF Egypt II for the Private Sector in Egypt, worth $175 million

The Minister of International Cooperation and Governor of Egypt at the European Bank for Reconstruction and Development (EBRD) H.E. Dr. Rania A. Al-Mashat witnessed the launch of the second phase of the Green Economy Financing Facility Egypt II – GEFF Egypt II and greening value chains for the private sector, with a value of $175 million. This comes as a result of the effective partnerships between the Government of Egypt and the EBRD to stimulate the participation of the private sector and increase its role in development efforts in Egypt.

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In the Presence of the Prime Minister H.E. Dr. Mostafa Madbouly, Investors and Private Sector Companies: Minister of International Cooperation Discusses Mechanisms to Stimulate Private Sector Engagement Through International Partnerships in the CI Capital’s 7th Annual MENA Investor Conference

The Minister of International Cooperation H.E. Dr. Rania A. Al-Mashat participated in the CI Capital’s 7th Annual MENA Investor Conference, in the presence of the Prime Minister H.E. Dr. Mostafa Madbouly, as well as the Ministers of Planning, Finance, and the Public Business Sector, as well as a group of investors, investment banks, private sector companies and CEOs from Egypt and the MENA region.

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The Minister of International Cooperation H.E. Dr. Rania A. Al-Mashat Discussed Expansion of Development Finance with the IFC to Increase Private Sector Participation in Egypt

Within the framework of discussions with multilateral and bilateral development partners to stimulate private sector investments, enhance its role in implementing national development plans, and provide more financing mechanisms and tools for the private sector and the financial sector in Egypt through international partnerships, the Minister of International Cooperation H.E. Dr. Rania A. Al-Mashat met with the International Finance Corporation delegation headed by Cheick-Oumar Sylla, IFC’s Regional Director for North Africa; Aliou Maïga, IFC's Regional Director for the Financial Institutions Group (FIG) in Africa, Sandra Boumah, Director of Investments of Financial Institutions, Yasmine El-Hini, IFC’s Country Officer, Deputy to Country Manager, alongside a team from the Ministry of International Cooperation.

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Minister of International Cooperation Meets the WBG Regional Director for Equitable Growth, Finance and Institutions to Discuss 2023-2027 Country Partnership Framework (CPF) & Private Sector Engagement

The Minister of International Cooperation H.E. Dr. Rania A. Al Mashat met with the World Bank Group (WBG) Regional Director for Equitable Growth, Finance and Institutions Nadir Mohammed to discuss efforts to stimulate the private sector and finalize the 2023-2027 Country Partnership Framework (CPF).

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The Ministers of International Cooperation and Water Resources & Irrigation Held an Extensive Meeting to Discuss the Projects in the "NWFE" program and Follow up on the Ongoing Portfolio of the Irrigation and Water Resources Sector

The Minister of International Cooperation H.E. Dr. Rania A. Al-Mashat and Minister of Water Resources and Irrigation H.E. Dr. Hani Sewilam held an extensive meeting at the Ministry of Water Resources and Irrigation headquarters, to discuss the latest developments and technical details of the works and projects included in the fields of water and food within the national platform for green projects "NWFE” Program, and follow up on the status of ongoing projects in the water resources, irrigation and food security sectors funded by development partners.

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The Ministry of International Cooperation Secured $13.7bn in Development Financing from Bilateral and Multilateral Development Partners to Support Sovereign Projects and the Private Sectors in 2022

The Minister of International Cooperation H.E. Dr. Rania A. Al-Mashat announced that in 2022, $13.7 billion was secured to support Egypt’s national development objectives. This included $11.1 billion directed to sovereign projects across various economic activities and $2.6 billion for the private sector.

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Minister of International Cooperation H.E. Dr. Rania A. Al-Mashat Meets with the Chinese Ambassador to Egypt on Egyptian-Chinese Relations & Cooperation Agreements in Transport, Vocational Training & Scientific Research

The Ministry of International Cooperation H.E. Dr. Rania A. Al-Mashat met with the Ambassador of China to Egypt Liao Liqiang in the presence of the technical teams of the embassy and the ministry to discuss the upcoming China-Arab Summit that will be held in Saudi Arabia on December 7. This meeting also falls within the framework of the periodic meetings held with multilateral and bilateral development partners to discuss strengthening joint cooperation and ongoing projects.

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Within the Activities of the Climate Conference COP27: Ministry of International Cooperation Announces the Signing of Joint Development Cooperation Agreements with Germany worth 160 million euros

The Ministry of International Cooperation announced the signing of 9 joint development cooperation agreements with the German side worth 160 million euros in many development sectors, including the development of technical education and infrastructure development, in the light of multilateral cooperation efforts to stimulate the state's agenda for sustainable development and 2030 and promote green transformation.

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Dr. Rania Al-Mashat, Minister of International Cooperation, Participates in the European Union and International Renewable Energy Agency Roundtable on "Energy transformation, Green hydrogen and Partnerships for a Carbon-Neutral Future”

Dr. Rania Al-Mashat, Minister of International Cooperation, participated in the round table organized by the International Renewable Energy Agency (IRENA) in cooperation with the European Union Held at COP27 Climate Conference, Sharm el-Sheikh City

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At the beginning of its activities during its "Water Day" events at the Climate Conference COP27: Minister of International Cooperation Rania Al-Mashat participates in a European Bank for Reconstruction and Development panel discussion on "Water and enhancing sustainability efforts" along with the Moroccan Minister of Water, Head of Sovereign Fund and Private Sector Companies

Dr. Rania al-Mashat, Minister of International Cooperation, said that the Egyptian government has taken many policies over the past period to promote adaptation to the effects of climate change, promote sustainable practices in the water and agribusiness sectors, and increase the private sector's participation in investment in these sectors.

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