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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.
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In a Meeting with the Foreign Relations Committee in the House of Representatives to Review the Ministry of International Cooperation’s 's Budget and Investment Plan, the Minister H.E. Dr. Rania A. Al-Mashat Discussed the 169 Ongoing Projects With Development Grants Worth $3.4 Billion
The Minister of International Cooperation H.E. Dr. Rania A. Al-Mashat said that the ongoing development cooperation portfolio of the Ministry of International Cooperation includes 169 projects implemented in various development sectors through non-refundable development grants worth $3.4 billion, distributed by 23% for the housing and utilities sector, 15% for scientific research and higher education, 13% for supporting the efficiency of the Government of Egypt’s administrative apparatus, 8% for education and technical education and 41% for other sectors.
Read MoreMinister of International Cooperation H.E. Dr. Rania A. Al-Mashat Discusses Implementation of Agricultural and Rural Development Programs within the Food Pillar of the NWFE Program with IFAD Regional Director
The Minister of International Cooperation H.E. Dr. Rania A. Al-Mashat met with the Regional Director of the International Fund for Agricultural Development (IFAD) Dina Saleh, within the framework of the periodic meetings with multilateral and bilateral development partners to enhance the national development vision, and discuss the ongoing development cooperation portfolio to advance agricultural rural development efforts.
Read MoreMinister of International Cooperation H.E. Dr. Rania A. Al-Mashat Witnesses Graduation of 8 Startups Within the 1st Batch of the Technical Support Program for the CFA, in Cooperation with the UK
The Minister of International Cooperation H.E. Dr. Rania A. Al-Mashat witnessed the graduation of the first batch of the technical support program for the Climate Finance Accelerator (CFA), which includes 8 startups in the field of energy, blue economy, manufacturing and circular economy, agriculture and land use, and waste management. This is in light of the partnership between Egypt and the UK to promote climate action by providing technical assistance and support to startups and environmentally friendly projects.
Read MoreMinister of International Cooperation H.E. Dr. Rania A. Al-Mashat, meets President of the NDB Dilma Rousseff, at the Bank’s Annual Meetings in China
Minister of International Cooperation and Alternate Governor of Egypt at the New Development Bank (NDB) H.E. Dr. Rania Al-Mashat, reviewed the framework of international cooperation and development financing for Egypt, stressing that Egypt's relations with multilateral and bilateral development partners are based on clear and strong foundations and a careful governance structure in order to support development efforts and climate action and stimulating the development vision of Egypt 2030. This is part of Egypt's accession to the list of members of the NDB that stimulates development cooperation efforts, south-south cooperation, joint action mechanisms for the exchange of knowledge, expertise and development experiences in a way that enhances comprehensive and sustainable growth efforts.
Read MoreAt the Annual Meetings of the NDB of BRICS in Shanghai, China, Minister of International Cooperation H.E. Dr. Rania A. Al-Mashat Meets with the Bank’s VPs to Study Mechanisms for Joint Cooperation Following Egypt’s Membership
During the annual meetings of the New Development Bank (NDB) in Shanghai, China, on May 30 and 31, Minister of International Cooperation and Alternate Governor of Egypt at the NDB H.E. Dr. Rania A. Al-Mashat met with the Vice-Presidents of the Bank; Vladimir Kazbekov, the Chief Operations Officer; Leslie Maasdorp, the Chief Financial Officer Anil Kishora, Chief Risk Officer and Chief Administrative Officer Qiangwu Zhou.
Read MoreAt the 8th Annual Meetings of the NDB of the BRICS bloc in Shanghai, China: Minister of International Cooperation H.E. Dr. Rania A. Al-Mashat Meets With Governors & Representatives from Brazil, South Africa and Russia at the NDB to Discuss the Bank's Strategic Objectives & Enhance Efforts to Exchange Experiences.
At the 8th Annual Meetings of the New Development Bank (NDB) of the BRICS bloc, held in Shanghai, China, the Minister of International Cooperation H.E. Dr. Rania A. Al-Mashat met with the Russian Minister of Finance and Governor of Russia at the NDB, Dr. Anton Siluanov, the International Affairs Officer at the Brazilian Ministry of Finance Dr. Tatiana Roseto, and the Minister of Finance and Governor of South Africa at the NDB, Dr. David Masondo. The meetings witnessed discussions on efforts to enhance the exchange of experiences between member countries, the strategic objectives of the NDB and its role in supporting developing countries and emerging economies.
Read MoreThe Ministers of International Cooperation and Communications and Information Technology signed a German Grant Agreement to Support e-Government & Innovation worth €8 million
Minister of International Cooperation H.E. Dr. Rania A. Al-Mashat, and Minister of Communications and Information Technology H.E. Dr. Amr Talaat signed an agreement between the Ministry of Communications and Information Technology and the German Agency for International Cooperation in Egypt (GIZ) on behalf of the German government for cooperation in implementing the first phase of the project to support e-government and innovation In the Public Administration (INNOPA), with a grant of €8 million out of a total of €17.5 million. The project aims to support innovation in digital transformation and the promotion of e-government, including cooperation in establishing a laboratory to develop applications in the field of government services
Read MoreMinister of International Cooperation H.E. Dr. Rania A. Al-Mashat at the Board of Governors Plenary Session New Development Bank in Shanghai, China: Egypt's new membership to the New Development Bank, along with major emerging economies, enhances South-South cooperation and regional integration to advance development efforts.
The Minister of International Cooperation H.E. Dr. Rania A. Al-Mashat said that the Arab Republic of Egypt is one of the most recent countries to join the New Development Bank (NDB). Egypt has long-standing experience in the field of international cooperation and development financing through relations with multilateral and bilateral development partners, which are based on increasing efforts exerted in various sectors of development and financing projects that are of priority to the country.
Read MoreIn H.E.’s Visit to China to Participate in the New Development Bank Annual Meeting | Minister of International Cooperation Dr. Rania A. Al-Mashat Discusses Ongoing Development Cooperation Portfolio & Future Partnerships with the Vice President of the Export-Import Bank of China
The Minister of International Cooperation stresses the importance of strengthening joint efforts among emerging countries through the New Development Bank to advance development efforts.
Read MoreMinister of International Cooperation H.E. Dr. Rania A. Al-Mashat Participates in 8th Annual Meeting of the NDB at the headquarters in China
Minister of International Cooperation H.E. Dr. Rania A. Al-Mashat is participating in the annual meetings of the New Development Bank (NDB) 8th session, held at its headquarters in Shanghai, China, on May 30th and 31st. This is in light of the role played by the Ministry to strengthen development cooperation relations with multilateral and bilateral development partners and promote a national development vision that is consistent with the UN SDGs.
Read MoreDuring a briefing session held at the headquarters in New York, the United Nations presented the pioneering experience of the United Nations Resident Representative system in Egypt.
The UN held a briefing session, at the headquarters in New York to shed light on the pioneering experience of the UN’s Resident Representative system that has been implemented and activated in Egypt since the launch of the United Nations Secretary-General's vision for the development and reform of the UN system in 2017 to strengthen the United Nations development role in assisting member states in order to maximize the development impact of UN projects and programs and the sustainability of results, in a way that stimulates efforts towards achieving SDGs and the 2030 Agenda.
Read MoreMinister of International Cooperation H.E. Dr. Rania A. Al-Mashat Holds Bilateral Discussions with AfDB President Akinwumi Adesina At the Bank’s 58th Annual Meetings in Sharm El-Sheikh
The Minister of International Cooperation, H.E. Dr. Rania A. Al-Mashat, held a bilateral discussion with the President of the African Development Bank (AfDB), Akinwumi Adesina, as part of the bank’s 58th annual meetings, which concluded yesterday in Sharm El-Sheikh.
Read MoreThe Minister of International Cooperation، H.E. Dr. Rania A. Al-Mashat: “Egypt is the first country to benefit from the guarantee available from the United Kingdom to the African Development Bank (AfDB) to finance climate projects in Africa and to promote the implementation of Nationally Determined Contributions (NDCs)
The Minister of International Cooperation, H.E. Dr. Rania A. Al-Mashat, witnessed the announcement of the United Kingdom and the AfDB about the first tranche of projects benefiting from the United Kingdom’s guarantee to support the AfDB in financing climate projects on the continent, including the provision of a guarantee of €80 million, to cover part of the financing provided by the bank for the implementation of the third phase of the Al-Gabal Al-Asfar water treatment plant project. This enhances the bank’s ability to expand financing of other projects in the fields of mitigation and adaptation in Egypt, within the framework of the guarantee that was announced during COP26, at a value of $2 billion. The bank aims to increase climate financing in the countries of the African continent until 2027, and to enable countries to implement their NDCs, divided between efforts and projects to mitigate and adapt to the repercussions of climate change.
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