Rania Al Mashat
Following ceremony, Al-Mashat expressed her gratitude to the United Nations Secretary-General and the Commission’s Member States for the confidence they placed in her.
At the UN headquarters, Al-Mashat reaffirmed her commitment to serving the Arab region at a time marked by significant political, security and development challenges, according to a statement by ESCWA.
Rania Al-Mashat officially assumed her duties as Under-Secretary-General of the United Nations and Executive Secretary of the United Nations Economic and Social Commission for Western Asia (ESCWA) at the commission headquarters in Beirut.
Under the MoU, Schneider Electric will provide integrated solutions for sustainable, climate-resilient agriculture, leveraging technologies including solar energy and IoT systems.
The facility, launched with investments of $5 million, has the capThe project aims to support delivery volumes of around 80 million shipments in 2026, according to an official statement.
The agreement builds on commitments made during French President Emmanuel Macron’s April 2025 visit to Egypt, which elevated relations to a strategic partnership.
She noted that in the first eight months of 2025, startups attracted $254 million in announced investments, with a 17% increase in the total number of deals compared to the same period last year.
The Seville Commitment outlines an ambitious roadmap focused on expanding fiscal space, supporting sustainable investment, and addressing sovereign debt vulnerabilities
“This report is being released at a time of rising uncertainty, even more than when it was drafted,” Al-Mashat said during her speech at the launch of the UNCTAD World Investment Report 2025 in Cairo.
Al-Mashat also explained that the Ministry is working to increase the private sector’s utilization of the Hub for Advisory, Finance & Investment for Enterprises platform
Minister of Planning, Economic Development and International Cooperation emphasized that the selection from a competitive pool of 26 applicant countries underscores international confidence in Egypt’s climate policies and green transformation agenda
Minister of Planning, Rania Al-Mashat, highlighted the critical role of the MFA in driving these reforms and pointed to the forthcoming launch of a €1.8 billion EU-backed investment guarantee mechanism.
Rania Al-Mashat, Minister of Planning, Economic Development, and International Cooperation, presented that during the plenary session of the Senate.
The high-level meeting reflects the strong and evolving partnership between Egypt and the EBRD.
Egypt’s structural reform efforts—particularly in renewable energy—have strengthened its investment climate and enabled access to innovative financing, says Al Mashat
The agreements span vital sectors including water treatment, sanitation, electricity, and railway infrastructure, reflecting Egypt’s commitment to sustainable development and regional cooperation.
This financing is a segment of a larger €7.4 billion agreement made between Egypt and the EU in March of last year.
A major focus of the discussion was the vital role that electricity and renewable energy play in bolstering Egypt’s economic growth while promoting long-term sustainability across the nation.
Ukraine’s Minister of Agricultural Policy and Food Vitaliy Koval recently expressed the country’s interest in establishing a logistics zone in Egypt to facilitate Ukrainian exports to Africa.
This funding is part of a broader €5 billion support package from the EU, with €1 billion already received by the Egyptian government in December.
