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Egypt Foreign Minister Targets Private Investment at World Bank-IMF Meetings

Adam ·
Egypt Foreign Minister Targets Private Investment at World Bank-IMF Meetings

Egyptian Foreign Minister Badr Abdelatty met with international financial leaders in Bangkok this week to discuss strategies for boosting private-sector investment and development financing in Egypt.

  1. Abdelatty met with International Finance Corporation Managing Director Makhtar Diop to explore increased funding for renewable energy, green hydrogen, and infrastructure projects.
  2. The minister held discussions with the Arab Bank for Economic Development in Africa to increase Egyptian corporate participation in infrastructure and agriculture projects across the continent.
  3. During a ministerial roundtable with World Bank President Ajay Banga, Abdelatty emphasized the need for development finance to create sustainable jobs.
  4. Abdelatty conferred with the Multilateral Investment Guarantee Agency to strengthen investor confidence through expanded guarantee mechanisms.

The minister also discussed regional stability and trade with British Foreign Secretary Ed Miliband.

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