Latest news with #4thUnitedNationsConferenceonFinancingforDevelopment
Daily News Egypt
2 days ago
- Business
- Daily News Egypt
Egypt's Prime Minister holds high-level meetings at UN Conference on Financing for Development
Representing Egypt's President Abdel Fattah Al-Sisi, Prime Minister Mostafa Madbouly held a series of high-level diplomatic meetings on the sidelines of the 4th United Nations Conference on Financing for Development, held in Seville, Spain, reaffirming Egypt's commitment to strengthening international cooperation in the face of mounting global and regional pressures. In a pivotal discussion with Amy Pope, Director General of the International Organization for Migration (IOM), Madbouly highlighted the substantial burden Egypt shoulders as a host country for a large population of migrants and refugees—despite ongoing economic challenges. 'We call upon the international community to extend greater support to Egypt, especially given the economic strains caused by regional conflicts and global crises,' Madbouly said. He praised the strong partnership between Egypt and the IOM and reiterated Egypt's commitment to regional stability and inclusive policies, offering migrants access to education, healthcare, and employment—efforts recognised by numerous international bodies. Pope commended Egypt's humanitarian leadership and expressed the IOM's readiness to deepen cooperation. She also applauded Egypt's efforts to promote legal and organised migration and expressed interest in enhancing collaboration, particularly in seasonal and skilled labour migration to Europe. Responding to her inquiries, Madbouly outlined Egypt's coordination with European countries to establish legal migration frameworks that reflect Egypt's skilled labour potential and the mutual interest in addressing labour market demands. The meeting concluded with a shared commitment to explore new areas of cooperation, reinforcing Egypt's role as a key partner in global migration governance. Prime Minister Madbouly also met with Mathias Cormann, Secretary-General of the Organisation for Economic Co-operation and Development (OECD), to discuss ongoing collaboration, particularly through the OECD's MENA Initiative on Governance and Competitiveness for Development. Madbouly expressed Egypt's appreciation for the OECD's technical support and emphasised the importance of finalising the Country Cooperation Program, which he described as a cornerstone for deepening future collaboration in line with Egypt's national development priorities. Joining the meeting, Minister of Planning and Economic Development Dr. Rania Al-Mashat elaborated on the scope of current projects with the OECD, noting their alignment with Egypt's Vision 2030 and the government's structural reform agenda. She added that several joint activities and consultations are planned in the coming period to enhance Egypt's integration of global expertise into national planning. Cormann praised Egypt's reform momentum and reaffirmed the OECD's support for Egypt's sustainable development goals, acknowledging the country's critical role in regional stability and international cooperation. Madbouly proposed the development of a strategic roadmap for future cooperation with the OECD to deepen bilateral ties and accelerate Egypt's economic transformation. In a key regional dialogue, Prime Minister Madbouly met with Algerian Prime Minister Nadir Larbaoui, where both leaders reaffirmed the historic and strategic relationship between Egypt and Algeria. Madbouly conveyed President Al-Sisi's greetings to President Abdelmadjid Tebboune and emphasised the importance of elevating bilateral cooperation across a range of sectors. 'We must accelerate preparations for the next session of the Egyptian-Algerian High Joint Committee,' he stated, calling for enhanced cooperation in trade, investment, and regional affairs. Larbaoui echoed the call for deeper ties and conveyed President Tebboune's regards to President Al-Sisi. He also commended Egypt's pivotal role in promoting regional stability and security. The two leaders explored expanded cooperation in key sectors such as energy, infrastructure, and agriculture, and reaffirmed their mutual interest in fostering deeper economic integration between the two nations. Prime Minister Madbouly's diplomatic engagements in Seville reflect Egypt's strategic vision to bolster international partnerships, attract support for its development agenda, and reaffirm its role as a regional stabiliser amid global uncertainty. The meetings demonstrated broad international recognition of Egypt's importance and a shared readiness to deepen cooperation on key global challenges.
See - Sada Elbalad
3 days ago
- Business
- See - Sada Elbalad
Egypt's PM Meets Nepalese Counterpart
Ahmed Emam Egypt's Prime Minister Mostafa Madbouly held talks with Nepalese Prime Minister K.P. Sharma Oli on the sidelines of the 4th United Nations Conference on Financing for Development, currently taking place in Seville, Spain. According to the Cabinet, Madbouly is attending the conference on behalf of President Abdel Fattah El-Sisi. The meeting was attended by Egypt's Ambassador to Spain, Ihab Badawi. During the meeting, Prime Minister Madbouly highlighted the longstanding and historic ties between Egypt and Nepal, recalling that Egypt was the first African country to recognize Nepal. Madbouly expressed Egypt's keenness to strengthen bilateral relations and proposed convening the joint committee between the two nations to explore ways to deepen cooperation. He also suggested organizing a business forum to foster greater collaboration between the private sectors of Egypt and Nepal. The Egyptian Prime Minister noted that the two countries share similar views on various regional and international issues. He stressed the importance of boosting economic ties to match the robust political relations between Cairo and Kathmandu. He further expressed hope for closer cooperation in the field of education, noting that several Nepalese students are currently studying at Al-Azhar University in Egypt. The Premier also extended an invitation to Prime Minister Oli to visit Egypt to continue discussions on enhancing bilateral relations. In turn, Prime Minister Oli praised the strong and friendly relations between Nepal and Egypt, acknowledging Egypt's historic support for Nepal. He noted that Egypt was the first African country where Nepal established an embassy. Prime Minister Oli also expressed interest in attending the inauguration of the Grand Egyptian Museum once a new opening date is set, and voiced his desire to expand cooperation between Egypt and Nepal across various sectors. The meeting underscored mutual commitment to deepening collaboration and exploring new avenues for partnership between the two countries. read more Gold prices rise, 21 Karat at EGP 3685 NATO's Role in Israeli-Palestinian Conflict US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria Shoukry Meets Director-General of FAO Lavrov: confrontation bet. nuclear powers must be avoided News Iran Summons French Ambassador over Foreign Minister Remarks News Aboul Gheit Condemns Israeli Escalation in West Bank News Greek PM: Athens Plays Key Role in Improving Energy Security in Region News One Person Injured in Explosion at Ukrainian Embassy in Madrid News China Launches Largest Ever Aircraft Carrier Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War News Flights suspended at Port Sudan Airport after Drone Attacks Videos & Features Video: Trending Lifestyle TikToker Valeria Márquez Shot Dead during Live Stream News Shell Unveils Cost-Cutting, LNG Growth Plan Technology 50-Year Soviet Spacecraft 'Kosmos 482' Crashes into Indian Ocean Arts & Culture "6 Ayam" Sets Streaming Date
