EgSA to Launch MisrSat-2 Satellite to Track Climate Change

According to claims made by Sherif Sedqy, CEO of the Egyptian Space Agency (EgSA), the Egyptian remote sensing satellite MisrSat-2, or EgyptSat2, is prepared for launch in December 2023. The announcements came during an event hosted by the Chinese Embassy in Egypt on Wednesday with the theme “My Dreams in Space – Connecting Chinese Astronauts […]

Rania Al Mashat Participates in Diverse Preparatory Activities for Upcoming COP28 in UAE

Egypt’s Minister of International Cooperation, Dr. Rania Al Mashat, took part in several activities planned by the United Arab Emirates in the run-up to COP28. She spoke on a panel at the High-Level Meeting on “Finance for Action: Taking Stock and Moving Forward” about “Finance for Action: Taking Stock and Moving Forward”. Furthermore, the minister […]

Egypt, ADEX Sign $100M Financing Agreement for 5-Year Term

Abu Dhabi Exports Office (ADEX), the export-financing arm of the Abu Dhabi Fund for Development (ADFD), has signed an agreement with the Ministry of International Cooperation, the Ministry of Finance, and the General Authority for Supply Commodities in Egypt. The agreement entails a revolving financing program valued at US$100 million, with annual renewals, planned over […]

Rania Al Mashat Attends Launch of Arabic version of “Daughters of the Nile”

Minister of International Cooperation, Dr. Rania Al-Mashat, participated in the celebration of the launch of the Arabic version of the book “Daughters of the Nile”, hosted by the National Council for Women (NCW), in partnership with the Egypt Peace Lovers Association and Dar Al-Shorouk, to celebrate the pioneering women who dealt with the book “Daughters […]

Egypt to Host Annual Joint Meetings of Arab Financial Institutions in 2024

Minister of International Cooperation, Rania Al-Mashat, announced last Saturday that Egypt will host the annual joint meetings of Arab financial institutions next year. Mashat stated: The government is keen on providing a suitable environment for holding these meetings based on the experience of organizing international conferences, including Egypt’s hosting and presidency of the United Nations […]

Rania Al Mashat to Participate in 2023 Spring Meetings of WBG, IMF in Washington

Minister of International Cooperation Rania Al Mashat will take part in the 2023 Spring Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF) which will take place from Monday, April 10 to Sunday, April 16 in the WBG and IMF headquarters, in Washington D.C., under the theme of “The Way Forward: […]

CIB, IFC Cooperate in Managing Climate Risk, Promote Sustainability

The Commercial International Bank (CIB), Egypt’s leading private sector bank, is joining forces with the International Finance Corporation (IFC) to establish and put into effect a robust climate risk management system to guarantee the bank’s stability, regulatory compliance, and ultimately fulfill its clients’ funding requirements. The advisory project will comprise an initial portfolio screening for […]