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Egypt, Goldman Sachs Group Examine Methods to Enhance Cooperation

Minister of Planning and Economic Development Hala el-Saeed has discussed during a meeting with Executive Vice President of Goldman Sachs Group Inc John Rogers and the group’s global head of sustainability and inclusive growth Dina Powell ways of cooperation between the two sides.

The meeting held at the fringes of the World Economic Forum (WEF) 2023 in Davos, touched on the current global conditions that have affected all countries across the world, geopolitical crises, economic changes, and the repercussions of Covid-19.

Said briefed the two officials on Egypt’s efforts to create an environment that attracts domestic and foreign private investments, supports the business environment, and strengthens the private sector’s role as one of the main axes of Egypt’s National Structural Reform Program (NSRP).

She also underlined the role played by the Sovereign Fund of Egypt in developing projects of renewable energy, green hydrogen, and green infrastructure.

The minister noted that the transition to green economy has become necessary to confront unprecedented global challenges in recent times, especially those related to climate change.

In this regard, Said pointed out that the Egyptian State attaches paramount importance to climate change issues in light of its efforts to achieve comprehensive and sustainable development.




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