International Partnerships
Egypt's Minister of Planning and Economic Development Ahmed Rostom met with a high-level World Bank delegation led by Country Director for Egypt, Yemen, and Djibouti Stéphane Guimbert to discuss deepening their strategic partnership. The talks focused on enhancing bilateral cooperation and providing technical support for Egypt's annual and medium-term development plans. Rostom emphasized the importance of coordination with international financial institutions to accelerate structural reforms.
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Egypt's Minister of Petroleum and Mineral Resources, Karim Badawi, met with senior executives from international oil companies operating in Egypt to discuss advancing drilling technologies and accelerating field development, as part of a five-year strategy to double crude oil production. He highlighted the long-standing contributions of these companies to Egypt's petroleum sector, noting that the country has moved past the decline phase in oil and gas output and entered a period of stability.