By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
DailynewsegyptDailynewsegypt
  • Home
  • Business
    BusinessShow More
    Egypt to issue new bonds for climate, social goals
    Egypt to issue new bonds for climate, social goals
    September 27, 2023
    Saudi Public Investment Fund eyes stake in Palm Hills Development
    Saudi Public Investment Fund eyes stake in Palm Hills Development
    September 27, 2023
    UNDP, MBRF launch online learning initiative for Arab countries
    UNDP, MBRF launch online learning initiative for Arab countries
    September 27, 2023
    Egypt Post invests in Roaderz platform to enhance e-commerce, delivery services
    Egypt Post invests in Roaderz platform to enhance e-commerce, delivery services
    September 27, 2023
    GAFI to grant 45 more golden licences to boost investment
    GAFI to grant 45 more golden licences to boost investment
    September 27, 2023
  • Politics
    PoliticsShow More
    Egypt’s Irrigation Minister highlights climate challenges for water sector
    Egypt’s Irrigation Minister highlights climate challenges for water sector
    September 27, 2023
    CCCPA, Senghor University join forces for African peace, development
    CCCPA, Senghor University join forces for African peace, development
    September 27, 2023
    Arab League chief urges more funding, investment for food security
    Arab League chief urges more funding, investment for food security
    September 27, 2023
    Egypt denounces Houthi attack on Bahraini forces in Saudi Arabia
    Egypt denounces Houthi attack on Bahraini forces in Saudi Arabia
    September 27, 2023
    vPalestine urges international action to end Israeli occupation, crimes
    Palestine urges international action to end Israeli occupation, crimes
    September 26, 2023
  • Interviews
    InterviewsShow More
    Microsoft Egypt aims to provide advanced AI models, build solid AI ecosystem: Mirna Arif
    Microsoft Egypt aims to provide advanced AI models, build solid AI ecosystem: Mirna Arif
    September 18, 2023
    I love privacy, and I am not concerned about competition: Yasmine Sabry
    I love privacy, and I am not concerned about competition: Yasmine Sabry
    September 14, 2023
    Sustainability, digital transformation at the heart of our strategy: Heidelberg Materials Egypt
    Sustainability, digital transformation at the heart of our strategy: Heidelberg Materials Egypt
    September 12, 2023
    India welcomes Egypt's BRICS membership: Boosting trade, investment, and access to strategic commodities
    India welcomes Egypt’s BRICS membership: Boosting trade, investment, and access to strategic commodities
    September 11, 2023
    The box office is not a measure of success: Basma Hassan
    The box office is not a measure of success: Basma
    September 6, 2023
  • Culture
  • Opinion
  • Sports
  • Lifestyle
Reading: PM Madbouly leads Egypt’s delegation, meets WB President, US VP at  IMF and World Bank meetings
Share
Notification
Latest News
Genetically engineering associations between plants and nitrogen-fixing microbes could lessen dependence on synthetic fertilizer
Genetically engineering associations between plants and nitrogen-fixing microbes could lessen dependence on synthetic fertilizer
Science
Earthworms contribute to 6.5% of global grain production, says new research
Earthworms contribute to 6.5% of global grain production, says new research
Science
Researchers build and test a framework for achieving climate resilience across diverse fisheries
Researchers build and test a framework for achieving climate resilience across diverse fisheries
Science
Egypt to issue new bonds for climate, social goals
Egypt to issue new bonds for climate, social goals
Business
Saudi Public Investment Fund eyes stake in Palm Hills Development
Saudi Public Investment Fund eyes stake in Palm Hills Development
Business
Aa
Aa
DailynewsegyptDailynewsegypt
  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle
  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle
Have an existing account? Sign In
Follow US
  • Advertise
© 2023 DNE News. All Rights Reserved.
Dailynewsegypt > Blog > Business > PM Madbouly leads Egypt’s delegation, meets WB President, US VP at  IMF and World Bank meetings
Business

PM Madbouly leads Egypt’s delegation, meets WB President, US VP at  IMF and World Bank meetings

Bassant Mohammed
Last updated: 2019/10/16 at 11:12 PM
By Bassant Mohammed 3 Min Read
Share
SHARE

Leading Egypt’s delegation, Prime Minister (PM) Mostafa Madbouly has attended the annual meetings of the World Bank (WB) and the International Monetary Fund (IMF) in Washington DC, United States.

The WB’s President David Malpass tweeted that Madbouly along with his team had “discussed private enterprise and policies to create broad-based growth,” adding that “opening markets and sound rule of law are key.”

During the meetings, Madbouly reviewed the measures taken by the Egyptian government to encourage the private sector’s investments.

On the sideline of world bank’s annual meeting, the Egyptian Minister of Investment and International Cooperation Sahar Nasr, had a meeting with the World Bank’s Vice President for the Middle East and North Africa Ferid Belhaj, in which they agreed to increase the cooperation with the Bank in the field of infrastructure.

The cooperation will support the initiative of digital transformation in Africa, activate regional integration, and transforming Egypt into a regional centre for energy export via renewable energy projects.

The cooperation will also focus on supporting the health and education sectors in Egypt under the initiative of the president Abdel Fattah Al-Sisi to invest in human capital.

In another meeting with the IMF’s Managing Director Kristalina Georgieva, Madbouly reviewed the financial and economic reforms undertaken by the government and the results reached on the management of public assets.

Georgieva commended Egypt’s reform program, saying that she had “a constructive meeting” with the Egyptian PM, asserting that “Egypt’s reform program has made significant strides towards economic stability.”

“This is a moment of opportunity to further advance reforms to achieve more inclusive private-sector-led growth and job creation,” she added.

Madbouly also discussed with the US Secretary of Energy Rick Perry, ways of boosting cooperation in the fields of energy, electricity, and clean coal technology.

Moreover, the Egyptian PM met the US Vice president Mike Pence at the White House. They discussed means to enhance bilateral relations and strengthen cooperation in various domains.

 

The two officials also exchanged views on regional security issues, as well as the latest developments at the regional and global levels.

You Might Also Like

Egypt to issue new bonds for climate, social goals

Saudi Public Investment Fund eyes stake in Palm Hills Development

UNDP, MBRF launch online learning initiative for Arab countries

Egypt Post invests in Roaderz platform to enhance e-commerce, delivery services

GAFI to grant 45 more golden licences to boost investment

TAGGED: IMF, Mostafa Madbouly, US VP, WB President, World Bank
Share this Article
Facebook Twitter Email Print
Previous Article Egypt likely to launch electric buses, loaders by end-October: MUT Heavy equipment manufacturing company
Next Article Egypt, France carry out joint maritime drills in Mediterranean 
Ad image
Ad image

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe

Latest News

Genetically engineering associations between plants and nitrogen-fixing microbes could lessen dependence on synthetic fertilizer
Genetically engineering associations between plants and nitrogen-fixing microbes could lessen dependence on synthetic fertilizer
Science
Earthworms contribute to 6.5% of global grain production, says new research
Earthworms contribute to 6.5% of global grain production, says new research
Science
Researchers build and test a framework for achieving climate resilience across diverse fisheries
Researchers build and test a framework for achieving climate resilience across diverse fisheries
Science
Egypt to issue new bonds for climate, social goals
Egypt to issue new bonds for climate, social goals
Business
//
Egypt’s only independent daily newspaper in English. Discuss the country’s latest with the paper’s reporters, editors, and other readers.

Quick Link

  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

© 2023 DNE News. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?