SAIL Project delivers mechanisation, microgrants to rural areas in Egypt
Egypt’s Minister of Planning, Economic Development, and International Cooperation Rania Al-Mashat oversaw the delivery of agricultural mechanisation equipment to agricultural and marketing cooperatives, alongside the distribution of microenterprise grants to rural women, during an inspection tour of the Sustainable Agricultural
Egypt secures $230m in Japanese funding for budget support
Egypt’s Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, and Japan’s State Minister for Foreign Affairs, Fuji Hisayuki, signed agreements for development financing worth $234m. The agreements, encompassing both grants and concessional loans, aim to support the Egyptian
Egypt, Germany sign €77.3m debt swap, grant agreements to boost development
Egypt and Germany have strengthened their economic partnership with the signing of agreements worth a total of €77.3m, aimed at supporting development across multiple sectors. The agreements include a debt swap and grant funding for projects focused on technical education,
Egypt’s Decent Life project nears completion at 85%: report shows
The first phase of Egypt’s “Decent Life” presidential initiative for rural development is 85.5% complete, according to a new report from the Ministry of Planning, Economic Development, and International Cooperation. The report, released on Sunday, details significant progress across multiple
Financial regulation backs entrepreneurship, says Egypt’s FRA Chairperson
The Financial Regulatory Authority (FRA) is actively supporting entrepreneurship in Egypt through regulatory changes designed to foster growth in the non-banking financial sector, Chairperson Mohamed Farid announced at an event Tuesday. The announcement was made during a meeting hosted by
Madbouly meets KOICA president to strengthen Egypt-Korea partnership
Egypt’s Prime Minister Mostafa Madbouly held a meeting this morning at the government headquarters in the New Administrative Capital with President of the Korea International Cooperation Agency (KOICA), Chang Won-Sam, and his accompanying delegation. The Prime Minister noted that
KOICA invests $95m in Egypt, eyes further cooperation: Chief
What are your Cairo visit’s expected outcomes? Which of Egypt’s officials have you met? Thanks for the warm welcome. This is my first official visit to Egypt as President of KOICA, and in fact the first visit to Egypt made
Multilateral banks laud Egypt’s Climate Finance Platform at COP29
Twelve multilateral development banks issued a joint statement at COP29 in Azerbaijan praising Egypt’s Nexus of Water, Food, and Energy (NWFE) program as a model for mobilising climate finance. The statement, titled “Country Platforms for Climate Action: MDB Statement of
Egypt, IFC discuss collaboration to unlock mining, infrastructure potential
Egypt’s Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, met with International Finance Corporation (IFC) officials to explore opportunities for collaboration in the mining and infrastructure sectors. The Monday meeting, held in Cairo, aimed to leverage the IFC’s
Egypt, OECD discuss progress on country programme, potential membership
Egypt’s Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, met with Ulrik Vestergaard Knudsen, Deputy Secretary-General of the Organisation for Economic Co-operation and Development (OECD), during his first visit to Egypt. The meeting focused on the close partnership