Egypt's deputy PM discusses deeper cooperation with US financing institutions

Hussein Eissa, Egypt's Deputy Prime Minister for Economic Affairs, took part in a joint Egyptian-American working session hosted by Motaz Zahran, Egypt's Ambassador to the United States. The meeting included Mohamed Farid Saleh, Minister of Investment and Foreign Trade, Samar El-Ahdal, Deputy Minister of Foreign Affairs for International Cooperation, and senior officials from the US Export-Import Bank (EXIM) and the US International Development Finance Corporation (DFC). Discussions aimed to strengthen economic and investment relations between the two countries.

Motaz Zahran, Egypt's Ambassador to the United States, hosted a joint Egyptian-American working session. Participants included Hussein Eissa, Deputy Prime Minister for Economic Affairs; Mohamed Farid Saleh, Minister of Investment and Foreign Trade; Samar El-Ahdal, Deputy Minister of Foreign Affairs for International Cooperation; and senior officials from the US Export-Import Bank (EXIM) and the US International Development Finance Corporation (DFC).

Mohamed El-Homsani, the Cabinet's official spokesperson, said the discussions focused on advancing existing cooperation with EXIM and DFC, particularly their role in mobilising investment, expanding access to financing tools, and promoting private sector participation in development projects. He added that the meeting provided a platform to exchange views on building upon the longstanding strategic partnership between Egypt and the United States, serving shared interests.

The Egyptian side outlined economic and fiscal measures implemented to mitigate the impact of ongoing geopolitical tensions in the Middle East on global markets. Discussions also covered efforts to improve the investment climate, streamline the business environment, strengthen private sector engagement, and attract high-quality US investments aligned with Egypt's development priorities for sustainable growth and job creation.

Participants underscored the importance of sustained coordination to explore new avenues of cooperation with EXIM and DFC. These efforts aim to support priority projects across short, medium, and long terms, enhance Egypt's capacity to leverage financing and development instruments, and build on positive momentum in bilateral relations.

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Ahmed Rostom, Egypt's Minister of Planning and Economic Development, met with Abdel Aziz Al Mulla, Executive Director for Arab countries at the World Bank, and Hisham Seif, Alternate Executive Director, to explore ways to deepen cooperation between Egypt and the World Bank Group. The meeting supports Egypt's path toward comprehensive and sustainable development and the goals of Egypt Vision 2030. Discussions focused on development financing and employment programs.

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Mohamed Farid Saleh, Egypt's Minister of Investment and Foreign Trade, met with Mark Bryson-Richardson, the UK Ambassador to Egypt, to discuss strengthening economic and investment cooperation between the two countries. The meeting addressed priority issues within their strategic partnership, including expanding access for Egyptian agricultural exports to the UK market. Both sides reaffirmed their commitment to deepening economic ties.

Egypt's Finance Minister Ahmed Kouchouk announced that his ministry seeks to deepen ties with the Mostakbal Misr for Sustainable Development Authority to support economic growth and create sustainable jobs. The statement came during a meeting with executive director Bahaa El-Ghannam at the authority's headquarters.

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Following the recent industry minister's engagement with the Federation of Egyptian Industries (FEI), Mohamed Farid, Egypt's Minister of Investment and Foreign Trade, met with FEI Chairperson Mohamed El Sewedy to discuss expanding cooperation, bolstering industrial competitiveness, and advancing export goals.

 

 

 

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