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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.

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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."

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H.E. Dr. Rania Al-Mashat, Minister of International Cooperation, receives H.E. Ms. Dilma Rousseff, President of the New Development Bank, at the Ministry's headquarter in the New Administrative Capital

H.E. Dr. Rania Al-Mashat, Minister of International Cooperation and Egypt's Alternate Governor to the New Development Bank (NDB), received H.E. Ms. Dilma Rousseff, President of the New Development Bank (NDB) and former President of Brazil, at the Ministry's headquarters in the New Administrative Capital. They held a bilateral meeting ahead of the inaugural seminar of the bank, scheduled to commence tomorrow, Tuesday. The meeting witnessed discussions on areas of cooperation and opportunities available to enhance mutual economic relations, within the framework of the New Development Bank's strategy to enhance relations with developing countries and emerging economies, as well as national priorities and concerns.

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Dr. Rania Al-Mashat, Minister of International Cooperation, discusses with the Directorate-General Neighbourhood and Enlargement Negotiations (NEAR) Negotiations at the European Commission, the mechanism for private sector guarantees in preparation for the investment conference with the European Union.

Dr. Rania Al-Mashat, Minister of International Cooperation, held a virtual meeting with Mr. Gert Jan Koopman, Directorate-General Neighbourhood and Enlargement Negotiations (NEAR) Negotiations at the European Commission, within the framework of the close economic relations between Egypt and the European Union. The meeting followed up on the preparations for the investment conference between Egypt and the European Union at the end of this month and the stance regarding the guarantees that the European Union will provide to private sector companies totaling 1.8 billion euros to enhance foreign direct investment in Egypt.

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