Rania Al Mashat
The new HQ will enhance the bank’s cooperation with Egypt and Middle Eastern and North African (MENA) partners, as well as open “new opportunities to advance development efforts in the coming years,” according to an official statement
During her participation, Al-Mashat emphasized Egypt's dedication to strengthening international partnerships with both multilateral and bilateral development partners in the water sector
Egypt is set to undertake renewable energy projects with a total capacity of 10 gigawatts and investments amounting to $10 billion over the next five years
The hubs will provide facilities for the refrigeration, packing, and sorting of food products for local market distribution and exports
Egypt’s Minister of International Cooperation Rania Al-Mashat discussed cooperation today with Secretary-General of the France-based Organization for Economic Cooperation and Development (OECD) Mathias Corman.
During the first day of the annual meetings, President El-Sisi emphasized the need for additional low-cost funding for emerging countries in light of the global economic challenges
The package is divided to $400 million for the National Bank, $100 million for Banque Misr, and €30 million euros for Mediterrania Capital fund, which accounts for more than $32 million.
This came during Al-Mashat’s speech within the activities of the second annual conference of the Chamber of Food Industries, under the title "Sustainability and Increasing Investment in the Food Industries".
The agreement will implement 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 MOIC minister is Egypt’s alternate governor for the NDB, with Finance Minister Mohamed Maait as the main governor
The project provides its services to about 12 million people in the first and second phases, and the third phase provides services to about 5.5 million people
The UNSDCF “provides guidance to UN Country Teams as they plan, finance, deliver and evaluate their support to countries in achieving the SDGs
Both parties signed a non-binding agreement to explore cooperation in renewable energy and green fuels including ammonia and hydrogen.
The Egyptian Minister is scheduled to speak at a number of events and discussion sessions, and to hold a number of bilateral meetings with multilateral and bilateral development partners.
Minister of International Cooperation Rania A. Al-Mashat began her agenda at the World Economic Forum Annual Meetings 2023 in Davos by participating in the launch of the “Giving to Amplify Earth Action” (GAEA);
This comes in line with the second U.S.-Africa Leaders Summit hosted by the USA in the presence of U.S. President and African heads of state.
Al-Mashat elaborated that the main objective is to move from pledges to implementation; accelerating climate action, mobilizing development financing and private sector investments, and providing technical support in the priority sectors of water, food, and energy.
Egypt’s Minister of International Cooperation Rania El-Mashat and Assistant Secretary General for UN Global Compact (UNCG) Sanda Ojiambo have discussed mechanisms of joint cooperation to support climate work.
The Minister held a bilateral meeting with Her Majesty Queen Maxima of the Netherlands, United Nations Secretary-General's Special Advocate for Inclusive Finance for Development, to deepen financial inclusion in Egypt and particularly in the rural areas.
The meetings were held on strengthening economic cooperation and increasing partnerships to support the global 2030 goals, as well as in preparations for COP27.