Speaking to Ashraq Business on the sidelines of the International Monetary Fund and WB’s spring meetings, Al Mashat noted that the financing will also be directed towards Egypt’s reform programs
The current IFC investment portfolio in Egypt amounts to approximately $1.84 billion across multiple sectors, with an additional $26.8 million injected into private sector investments during January 2024
Egyptian business tycoon Hisham Talaat Mostafa attended the meeting with the PM, which was held at Qasr Al Shati Palace in Abu Dhabi.
The purpose of this program is to address governance, human rights, green growth, youth skills development, protection issues, and migration
Al-Mashat expressed her appreciation of the strong partnership with Italy, particularly in the domains of bilateral cooperation and debt swap programs