Within the Framework of the Development Policy Financing (DPF) with the World Bank, the Ministry of International Cooperation Announces Implementation of A Number of Structural Reforms to Enhance Competitiveness of the Egyptian Economy & Strengthen Private Sector Participation

The Ministry of International Cooperation announced the approval of the Board of Directors of the World Bank Group to provide financing worth $700 million to the Egyptian government. This is within the framework of the Development Policy Financing (DPF) to support the country’s transition towards more private sector participation, enhanced macroeconomic stability, and a green transition.

The Ministry of International Cooperation announces the mobilization of $2 billion in budget support from the World Bank, the European Union, the African Development Bank, and South Korea to support structural reforms and strengthen private sector participation

New World Bank US$700 million Support to Help Egypt Achieve More Sustainable, Diversified and Resilient Growth

The World Bank has announced US$700 million in Development Policy Financing (DPF) for the Government of Egypt to support the country to shift toward more private sector participation, better macroeconomic and fiscal resilience, and a greener growth trajectory.

Dr. Rania Al-Mashat, Minister of International Cooperation, Signs 8 Development Grants worth $130 Million with U.S. Ambassador

H.E. Dr. Rania Al-Mashat, Minister of International Cooperation, signed 8 developmental grant agreements totaling $130 million with Ambassador Herro Mustafa Garg, the US Ambassador to Egypt, under the framework of the Joint Economic Relations Program between the two countries. This enhances developmental cooperation efforts to support the implementation of the state's developmental vision across various sectors and encourages sustainable development efforts. The signing ceremony was attended by Mr. Sean Jones, the new Mission Director of the United States Agency for International Development (USAID) in Egypt.

At the conclusion of the New Development Bank (NDB) Seminar, Dr. Rania Al-Mashat, Minister of International Cooperation, and Ms. Dilma Rousseff, President of the New Development Bank, on a Visit to the Economic Zone of the Suez Canal

During the inaugural seminar of the New Development Bank in Egypt, H.E. Dr. Rania Al-Mashat, Minister of International Cooperation, discusses with officials from the Chinese International Development Cooperation Agency (CIDCA) the Activation of the Joint Memorandum of Understanding on Debt-for-Development Swap

Final Session of the New Development Bank Seminar in Egypt Discusses Enhancing Global Development through South-South Cooperation

The New Development Bank Seminar, held under the auspices of President Abdel Fattah El-Sisi, concluded its activities in the New Administrative Capital with a high-level discussion panel on "Enhancing Global Development through South-South Cooperation."

During the Second Day of the New Development Bank Seminar Activities ... Third Session of the Bank's Seminar Discusses Egypt's Efforts as a Connectivity Hub

During a High-Level Session with Bank Officials The New Development Bank Forum Explores Innovative Financial Tools and Mechanisms to Support Development Strategies in Egypt

The first Seminar of the New Development Bank (NDB) in Egypt discusses Egypt's multidimensional plan towards growth and investment…

During the inaugural session of the New Development Bank (NDB) Seminar ... Dr. Rania Al-Mashat, Minister of International Cooperation, engages in a dialogue with Professor NK Singh, President of the Indian Institute of Economic Growth, and Chairman of the 15th Financial Committee, to explore opportunities for cooperation with the BRICS group and the New Development Bank, as well as the challenges facing developing countries

Professor NK Singh, President of the Indian Institute of Economic Growth, Commends the Timing of the NDB Seminar in Egypt

H.E. Ms. Dilma Rousseff, President of the New Development Bank, during her opening speech: Egypt's membership in the New Development Bank enhances its focus on cooperation with developing countries, and the bank is committed to supporting Egypt through all cooperation mechanisms.