Latest news with #Al-Mashat
Saba Yemen
2 days ago
- Politics
- Saba Yemen
President Al-Mashat congratulates Arab, Islamic leaders on arrival of Hijri Year 1447 AH
Sana'a – SABA: His Excellency Field Marshal Mahdi Al-Mashat, President of the Supreme Political Council, sent congratulatory cables to the leaders of Arab and Islamic countries on the occasion of the new Hijri year 1447 AH and the anniversary of the noble Prophet's migration—peace and blessings be upon him. In his messages, President Al-Mashat extended warm congratulations and best wishes to the leaders, wishing them good health and continued progress and prosperity for their nations. He stated: 'These blessed religious occasions come as we continue to face the immoral and inhumane aggression led by the Israeli entity—with American support—in the Middle East, aimed at subjugating the region and seizing its resources and sovereign decision-making.' President Al-Mashat stressed that the only path forward for the Arab and Islamic nations to overcome crises and resist all forms of domination by evil powers is through unity and solidarity in defending the causes of the Ummah—foremost among them, the Palestinian cause. He concluded his messages with prayers to Almighty Allah to bring this noble occasion back upon the Arab and Islamic nations with greater security, dignity, and prosperity. Whatsapp Telegram Email Print
Al-Ahram Weekly
3 days ago
- Business
- Al-Ahram Weekly
Egypt courts Chinese investment in key sectors amid economic reform drive - Economy
Egypt seeks to deepen economic ties with China as it pushes for foreign investment to support a broad programme of structural reforms and infrastructure upgrades. Planning and International Cooperation Minister Rania Al-Mashat led a high-level meeting with senior Chinese business figures in Tianjin on the sidelines of the World Economic Forum. The talks focused on potential collaboration in sectors, including energy, digital infrastructure and logistics, under the 2014 Comprehensive Strategic Partnership between the two countries. The meeting, which was also attended by Investment and Foreign Trade Minister Hassan El-Khatib, included executives from Chinese firms operating in industries such as automotive, pharmaceuticals, and finance. Al-Mashat presented Egypt's reform agenda as an opportunity for joint investment, citing progress in trade facilitation, private-sector development, and legislative reform. She also pointed to Egypt's geographic position and network of trade agreements as incentives for businesses looking to expand in Africa, the Middle East or Europe. While Egypt and China have maintained diplomatic and economic ties for decades, Beijing's role in Africa and the Middle East has expanded markedly in recent years, particularly through its Belt and Road Initiative. During the meeting, Al-Mashat referenced Egypt's Vision 2030 strategy, which includes targets for sustainable growth and localization of key industries. She also reiterated the government's interest in partnerships that support green transition efforts. In 2023, Egypt and China signed a memorandum of understanding under China's Global Development Initiative (GDI) and their first debt-for-development swap agreement—tools intended to increase cooperation in technology transfer, research and development. The government is now working on a medium-term strategy to guide these efforts. However, specific outcomes or projects have yet to be announced. Follow us on: Facebook Instagram Whatsapp Short link:
Saba Yemen
4 days ago
- Politics
- Saba Yemen
President Al-Mashat congratulates Iran on victory over Israeli enemy & foiling its schemes
Sana'a - Saba: His Excellency Marshal Mahdi Al-Mashat, President of the Supreme Political Council, extended his congratulations to the Islamic Republic of Iran—its people, army, and leadership—on the great victory achieved against the aggressive Israeli enemy and the foiling of its schemes. In a congratulatory message sent to Iranian President Masoud Pezeshkian, President Al-Mashat affirmed that this significant victory represented a legitimate defense of Iran's national sovereignty, territorial integrity, and the preservation of its national security. He emphasized that this triumph aligns with Iran's steadfast positions in supporting just causes for the Islamic nation, foremost among them the Palestinian issue. President Al-Mashat stated: "The Islamic Republic has inflicted a crushing defeat on the criminal Zionist enemy, causing immense destruction and thwarting its hostile attempts to subjugate Iran through devastation and criminal operations. Iran has upheld its rights to invest in a peaceful nuclear program and its defensive rights, including its ballistic arsenal and programs. It has also overcome international aggression aimed at toppling its system and creating internal chaos." He added that Iran "has shattered the desperate attempt to impose hegemony over the Arab and Islamic region by neutralizing a capable regional power and granting so-called 'Israel' military superiority. This would have led to the complete domination of the region and the implementation of what they call 'changing the face of the new Middle East.'" President Al-Mashat noted that the Islamic Republic emerged victorious from this aggressive war following regional mediation requested by the United States—which had sponsored, planned, and participated in the aggression—when it realized that Israel's existence would be threatened if the battle continued. "While we congratulate and commend Iran—its people, government, and leadership—on their victory, resilience, and patience, we also applaud the national unity demonstrated by the Iranian people, their adherence to their national , Islamic identity, and their defense of their country across political and opposition forces. This unity shattered the enemies' conspiracies and played a key role in overcoming serious security breaches orchestrated by saboteurs serving the criminal Zionist enemy," he continued. President Al-Mashat also extended his congratulations to the Islamic nation and all free people of the world, stating that this victory serves as a deterrent to the forces of evil and domination globally. He highlighted that this aggressive war was a result of Iran's honorable and supportive stance on the just cause of the Palestinian people and the free world. Whatsapp Telegram Email Print
See - Sada Elbalad
4 days ago
- Business
- See - Sada Elbalad
Mashat: Egypt Committed to Sustainable, Private-Led Economic Growth
H-Tayea At the opening of the World Economic Forum (WEF) Annual Meetings in China, Egypt's Minister of Planning, Economic Development, and International Cooperation, Dr. Rania A. Al-Mashat, held a high-level meeting with WEF President and CEO Børge Brende to discuss global economic shifts, regional instability, and Egypt's ongoing reform efforts. The meeting was attended by Egypt's Minister of Investment and Foreign Trade, Eng. Hassan El-Khatib. Participating as a co-chair of this year's WEF meetings, Dr. Al-Mashat emphasized Egypt's commitment to economic transformation driven by the private sector and reinforced by international partnerships. She underscored the evolving collaboration between Egypt and the WEF, which she described as 'central to supporting structural reforms, enhancing economic resilience, and confronting global challenges.' With the Forum serving as the world's largest gathering of private sector leaders and investors, Egypt is positioning itself to fully leverage this platform to support national development priorities. Al-Mashat pointed to the flexibility and strength of the Egyptian economy in navigating successive global and regional shocks. She highlighted the government's three-year reform program, which focuses on macroeconomic stability, attracting foreign direct investment, boosting industrial development, and strengthening human capital. A key highlight was Egypt's preparation of a national economic narrative that integrates multiple strategic frameworks—including Egypt Vision 2030, the government's current program (2024/25–2026/27), the National Structural Reforms Programme, and the Integrated National Financing Strategy. The aim: to build a competitive, investment-friendly economy with inclusive, sustainable growth. Dr. Al-Mashat also presented Brende with a report titled 'Development Finance to Foster Private Sector-Led Growth and Jobs', which documents over $15.6 billion in development finance mobilized since 2020 to empower the private sector. She reaffirmed Egypt's determination to expand access to financing tools that enable the private sector to drive development. For his part, WEF President Brende praised Egypt's ongoing economic reforms and strategic direction, applauding the strength of the bilateral relationship and the government's dedication to macroeconomic stability. The meeting follows Brende's 2024 visit to Cairo, during which he met with President Abdel Fattah El-Sisi and Prime Minister Mostafa Madbouly, reinforcing the strategic nature of the Egypt-WEF partnership. Dr. Al-Mashat currently serves as co-chair of the WEF's MICEE (Mobilizing Investment for Clean Energy in Emerging Economies) and holds memberships in multiple WEF initiatives focused on economic resilience and inclusive growth. The discussions concluded with both sides reaffirming the importance of collaboration to address today's most pressing economic and geopolitical challenges and to shape a more resilient, inclusive, and sustainable global economy. 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 Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War Arts & Culture Zahi Hawass: Claims of Columns Beneath the Pyramid of Khafre Are Lies 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
Daily News Egypt
4 days ago
- Business
- Daily News Egypt
Egypt highlights economic reforms, resilience in WEF meeting
Egypt's Minister of Planning and Economic Development, Rania Al-Mashat, has highlighted the country's economic reforms and resilience during a meeting with World Economic Forum (WEF) President Børge Brende in Tianjin, China. The meeting, in which Minister of Investment and Foreign Trade Hassan El-Khatib also participated, took place at the opening of the WEF's meetings focused on resilient economic policies. Al-Mashat is a co-chair of the event. The discussion addressed the impact of turbulent global and regional developments on the economic situation. It also covered the reactions of global markets, which were noted as having shown greater resilience than expected amidst economic disruptions and geopolitical tensions. Al-Mashat said Egypt was moving forward with its economic transformation, led by the private sector. 'The Egyptian economy has demonstrated resilience in dealing with changes and the ability to withstand successive global and regional shocks,' she said. The minister reviewed the measures being implemented by the government through its programme for the next three years. She said the programme aims to elevate the resilience and stability of the Egyptian economy, build a competitive economy attractive to investments, and continue implementing economic and structural reforms to create a sustainable growth model. 'We are moving forward with consistent steps towards economic transformation and growth led by the local and foreign private sector,' Al-Mashat stated. She affirmed Egypt's commitment to continue with reforms to enhance the economy's ability to withstand regional and international transformations and geopolitical tensions. Al-Mashat emphasised the importance of the partnership between Egypt and the WEF, which she said has seen remarkable progress. 'Our partnership with the World Economic Forum is continuously evolving to enhance economic transformation, support reforms, and confront global challenges,' she said. 'The WEF is the largest international gathering of private sector companies and investors… We seek to maximize the benefit from joint cooperation to support national priorities.' The minister pointed to the preparation of a national narrative for economic development, which aims to promote policies supporting growth and employment. She noted this plan builds on the integration of several national strategies, including Egypt Vision 2030, the National Structural Reforms Programme, the State Ownership Policy Document, and the Unified General Planning and Finance Laws. This strategy is based on four main pillars: macroeconomic and financial stability, mobilising foreign direct investment, enhancing industrial development and trade, and investing in human capital and the labour market. During the meeting, Al-Mashat presented Brende with a copy of a report titled 'Development Finance to Foster Private Sector-Led Growth and Jobs.' The report reflects how international partnerships have provided over $15.6bn in financing from 2020 to May 2025 to empower the private sector in Egypt. For his part, the WEF President expressed his appreciation for the strong relationship with Egypt and commended the Egyptian government's efforts in economic reform to enhance macroeconomic stability and address development challenges. The meeting follows a visit by Brende to Egypt last November, during which he met with President Abdel Fattah Al-Sisi to discuss the partnership. In 2021, Egypt held a Strategic Dialogue with the WEF, led by Prime Minister Mostafa Madbouly, with the aim of attracting foreign investments. Al-Mashat also co-chairs the Mobilizing Investment for Clean Energy in Emerging Economies (MICEE) initiative, launched by the WEF in 2024. She is a member of several other WEF bodies, including the Centre for the New Economy and Society, the Resilience Consortium, and the Future of Growth Initiative.
