Minister of International Cooperation

Egypt, EU sign €292M deals to support private sector, youth, child protection, vaccine production

Sat, 29 Jun 2024 - 08:04 GMT

The agreements were signed during the Egypt-EU Investment Conference held at Cairo's Al Manara International Conference Center on June 29-30

Egypt-EU €1B agreement 'part of €5B total financing' until 2027: Al-Mashat

Sat, 29 Jun 2024 - 05:39 GMT

This follows the signing of the first tranche of Macro-Financial Assistance (MFA) to support the overall economy and budget deficit, totaling €1 billion, by Rania Al-Mashat, Minister of International Cooperation, and Valdis Dombrovskis, Executive Vice-President of the European Commission, during the Egyptian-EU Investment Conference.

Egypt secures $2B in budget support from key development partners to boost private sector

Mon, 24 Jun 2024 - 11:29 GMT

The World Bank Group has approved a financing package of $700 million, with $500 million from the World Bank itself and $200 million from other partners.

Egypt's accession to global development initiative spurs opportunities for enhanced partnerships with int'l partners: Al-Mashat

Tue, 11 Jun 2024 - 12:42 GMT

This came during her opening speech at the inaugural New Development Bank seminar in Egypt, noting that this is the first seminar to be held outside the founding countries of the bank, according to the Minister Al-Mashat.

Total cooperation portfolio bet. Egypt, South Korea hits $1.3B: MoIC Minister

Wed, 05 Jun 2024 - 01:38 GMT

The bilateral relationship between Egypt and South Korea is robust and enduring. South Korea, recognizing Egypt as a priority partner, has played a pivotal role in successful projects by providing substantial funding and fostering economic cooperation.

Egypt's startup deals hit 129 companies securing over $1M: MoIC Minister

Mon, 08 Apr 2024 - 11:33 GMT

Minister of International Cooperation (MoIC), Rania Al-Mashat, said that during the graduation ceremony of 20 promising startup ventures from the sixth group of the Orange Corners program.

EU, Egypt's National Council for Childhood and Motherhood sign Children Empowerment Initiative

Mon, 15 Jan 2024 - 03:16 GMT

The European Union (EU) and the National Council for Childhood and Motherhood (NCCM) signed on Sunday a Grant Agreement "National Children Empowerment Initiative" to improve the provision of child protection services, promote positive behavioral change, and provide supportive environment for kids to develop their skills.

Korea, Egypt sign $460 M agreement for manufacturing, provision of Metro trains for 2nd,3rd lines

Mon, 12 Jun 2023 - 12:54 GMT

The new Ambassador of Korea to Egypt, Kim Yong-hyon, and Egypt’s Minister of International Cooperation, Rania Al-Mashat, signed an implementation agreement on Monday to manufacture and provide metro trains for the second and third lines of Cairo Metro.

JBIC, Egypt explore cooperation in green fuels and renewable energy

Tue, 02 May 2023 - 11:28 GMT

Both parties signed a non-binding agreement to explore cooperation in renewable energy and green fuels including ammonia and hydrogen.

Egypt's Al-Mashat participates in 2023 Spring Meetings of WBG, IMF in Washington

Mon, 10 Apr 2023 - 03:38 GMT

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.

Climate change is global challenge, efforts must be unified to move from pledges to implementation: Egypt’s Minister of Int'l Cooperation

Tue, 17 Jan 2023 - 03:48 GMT

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);

Egypt seeks to finalize agreements on funds directed to “NWFE" Program ahead of COP28

Sun, 15 Jan 2023 - 05:02 GMT

According to Mashat, financing sources would include the State General Budget and the private sector, in addition to easy financing through development companies.

Infographic: Egypt secures $13.7B to support national development objectives

Tue, 20 Dec 2022 - 04:30 GMT

This included $11.1 billion directed to sovereign projects across various economic activities and $2.6 billion for the private sector.

Egypt signs agreements, letters of intent with int'l institutions to support NWFE program

Tue, 08 Nov 2022 - 05:49 GMT

This comes In the light of COP27, being held from 6 November until 18 November 2022 in Sharm El Sheikh, Egypt, and in the presence of leaders and heads of state, United Nations organizations and international institutions.

Mashat discusses remarks of national authorities on development, climate report

Mon, 25 Jul 2022 - 03:21 GMT

Earlier, Mashat held a meeting with 15 national bodies at the beginning of July to discuss the report's first draft.

Egypt participates in “Industry Transition Dialogue” as part of Stockholm +50

Thu, 02 Jun 2022 - 03:01 GMT

This falls within the context of strengthening international efforts to preserve the climate and environment, and to push for multilateral cooperation in financing the green transition and in stimulating urgent climate action.

Egypt's international cooperation min. stresses need to push for innovation at 2022 WEF annual meeting

Wed, 25 May 2022 - 12:48 GMT

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.

Int'l Cooperation Min. visits Assiut to oversee regional implementation of sustainable development goals

Sun, 20 Mar 2022 - 02:22 GMT

To map out SDG progress and achieve Communication for Development goals (C4D), the Ministry of International Cooperation’s SDG mapping activities includes carrying out field visits to Egypt’s different cities and regions, as incorporating the SDGs into local contexts is essential for the effective implementation of the 2030 Agenda.

Egypt, Grantham Research Institute discuss outlining framework for innovative climate funding

Sat, 12 Mar 2022 - 12:15 GMT

During her current visit to the UK, Mashat tackled the institute's participation in the International Cooperation Ministry's initiative to outline an international framework for an innovative fund that would enhance the climate fund and support the green transition.

How women can #BreakTheBias: Al-Mashat shares golden rules for success

Wed, 09 Mar 2022 - 05:03 GMT

The Minister of International Cooperation, during her GSK interview on ‘Breaking the Gender Bias’ held on International Women’s Day, shared her own golden rules for women to succeed and create less room for bias to creep in, and to define specific goals or metrics for success to help them evaluate their accomplishments.