Egypt shows flexibility in decade-long GERD talks hoping for fair deal: Water Ministry    Egypt, South Africa discuss latest GERD developments    President of Chad killed during clashes with rebels; Egypt's Al-Sisi expresses condolences    Germany Bundesliga results & fixtures (30th matchday)    Daltex boasts success in penetrating Japanese orange market for 1st time in history    Reform for recovery    International partnerships on SMEs    Safeguarding consumer rights    Relentless diplomacy    A momentous decision on Afghanistan    Remaking Turkey's Middle East policy    Sinai victim avenged    Preview: Buoyant Ahly eyeing 4th straight win in Egyptian league    Huge potential for pharmaceuticals    Al-Shafei Mausoleum reopens    Messages from our forefathers    Egypt, China, Russia discuss manufacturing COVID-19 vaccines    Planning Ministry receives 1st mobile technology centre cars for 8 governorates    Egypt Post achieves financial surplus of EGP 2.1bn in FY 2019/20    Grand Egyptian Museum receives 3rd Tutankhamun shrine    Christian life in Ramadan    Egypt's foreign minister lauds efforts by DRC's Tshisekedi in GERD crisis    Don't miss Roberto Gatto's concert on the Italian Institute YouTube channel    Iran welcomes Iraqi mediation with Gulf states    Egypt's prosecution orders detention of 4 railway staffers over train derailment accident    Russia will soon announce resumption of charter flights to Egyptian resorts    Arab League calls for strategic partnership with UN to establish regional stability    Layalina tent offers fancy Ramadan experience at ZED park    Egypt among few MENA economies to see positive growth during 2021– Fitch    CBE issues new regulations for mobile wallet users    Manchester United greats Beckham, Cantona oppose Super League plans    European democracy can't be achieved in Egypt rapidly: French Ambassador    Photos: Egypt lights up Ramadan with traditional lanterns    Egypt security neutralises 3 terrorists involved in executing Christian in North Sinai    US-Egypt Business Council urges Biden's administration to include Egypt in climate-focused discussions    Egypt studies possibility of locally manufacturing Sputnik V vaccine    Cairo International Film Festival unveils dates for 43rd edition    Rotterdam Film Festival announces June 2021 hybrid programme    Old Cairo's Al-Fustat will be revamped on Egyptian President's directives    Veteran Egyptian journalist Makram Mohamed Ahmed passes away at 86    Egypt halts traditional amateur football tournaments during Ramadan    Al Ahly get ready for fierce league clash against Zamalek    Fans allowed at opening match of UEFA EURO 2020: Italy    Egypt sees an uptick in new coronavirus infections registers 801 new cases on Saturday    Allianz Egypt partners with IGNITE to equip brand ambassadors for 2021 Olympics    Hassan Allam consortium wins contract to manage, operate Grand Egyptian Museum    Enhanced Labs signs Mr. Olympia 2020 "Big Ramy" And His Trainer Dennis James    Seasoned Egyptian screenwriter Wahid Hamed dies at 76    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.





President Sisi, World Bank head meet in Cairo
Published in Amwal Al Ghad on 05 - 05 - 2019

Egypt's President Abdel Fattah al-Sisi met with the head of the World Bank Group David Malpass in Cairo on Saturday, and discussed with him the importance of continuing the implementation of the cooperation programme between Egypt and the group.
The meeting was attended by the Minister of Investment and International Cooperation Sahar Nasr, Minister of Finance Mohamed Maait and the Egypt's head of intelligence service Abbas Kamel, according to a statement by El-Sisi's spokesman Bassam Rady.
Sisi and Malpas discussed ways to develop cooperation between Egypt and the World Bank in various fields, especially in infrastructure projects, the development of an integrated human development system, the development of the most needy areas of the country, and technical programmes supporting the government's efforts to carry out structural reforms.
They also discussed the activities of industry and exports, increasing the proportion and value of private and foreign investments, cooperation in health and education and on small and medium-sized enterprises, energy, including new and renewable forms, the digital economy, transport, agriculture, desalination and water treatment.
The president congratulated Malpass on his assumption of the presidency of the World Bank last month and expressed his appreciation of his choice to visit Egypt as his first foreign tour after assuming office.
He also expressed his hope for continued fruitful cooperation between Egypt and the World Bank.
Sisi also highlighted Egypt's keenness to develop its relations with the World Bank Group and the expansion of cooperation between the two sides to include many projects in various fields and sectors of development, management and optimal utilisation of the financial resources provided for the development process in Egypt.
Rady said that Malpass stressed importance of Egypt's pivotal role in Africa and the Middle East region and its success in overcoming the various challenges facing the country during the past years.
He has also hailed the implementation of a comprehensive programme of economic and social reform, which resulted in positive results in terms of raising growth rates and reducing the budget deficit, as well as reducing unemployment and reducing inflation, as well as implementing a package of major national projects that contributed to development efforts.
He praised the national projects and achievements he had visited during his two-day visit in Egypt, which began on Saturday, especially the Benpan solar power project, which is the largest project of its kind in the world.
Malpass also stressed the importance of continuing to implement programmes of cooperation with Egypt, in addition to supporting its development efforts, as well as supporting development projects in Africa under Egypt's chairmanship of the African Union this year.
The pair reviewed the steps taken within the framework of the social protection network to alleviate burdens from citizens as one of the main pillars of the economic reform programme, and progress made in the implementation of national projects that provide more opportunities for youth, Egypt's development map and attract more investments, taking into account that all these efforts were made in parallel with Egypt's efforts to restore security and stability, combat terrorism and control borders, as well as Egypt's active role in its unstable regional environment.
Source: Ahram Online


Clic here to read the story from its source.