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Al Mashat Attends Farewell Ceremony for British Amb. in Cairo

Taarek Refaat Rania Al-Mashat, Minister of Planning and Economic Development participated in a farewell reception for British Ambassador Gareth Bayley, organized by the Egyptian-British Business Association. The event, held to mark the end of Ambassador Bayley's tenure in Egypt, was attended by prominent public figures and members of the Egyptian and British business communities. In her speech, Al-Mashat praised Ambassador Bayley's pivotal role in strengthening Egyptian-British economic relations since his arrival in 2021. She highlighted the Ambassador's efforts in fostering partnerships between the private sectors of both nations, notably through cooperation with the British International Investment (BII) and the fruitful bilateral collaboration between the governments of Egypt and the United Kingdom. Al-Mashat also reflected on the continued progress in Egyptian-British development cooperation, emphasizing the United Kingdom's support for the launch of Egypt's "Novee" National Platform. Additionally, the UK has contributed to the "Hafiz" platform, which provides both financial and technical support to Egypt's private sector. These efforts align with the two nations' joint goals of diversifying innovative financing sources for both public and private sectors, as well as supporting small and medium-sized enterprises (SMEs) and climate-focused startups. The Minister highlighted that the UK's commitment to Egypt's green transformation has been reflected in its support for climate-related financing mechanisms, such as the Climate Finance Acceleration Program, developed in collaboration with both the government and the private sector. In his farewell address, Ambassador Bayley expressed his sincere gratitude to the Egyptian government and people for the warm hospitality he received during his tenure. He acknowledged the longstanding and historical relationship between Egypt and the UK, underscoring the depth of cooperation between the two nations, both at the governmental and private sector levels. Bayley also pointed to several UK-supported projects in Egypt, such as the "Novee" National Platform, which plays a crucial role in attracting climate investments and advancing Egypt's green transformation agenda. He also emphasized the UK's contributions to energy and food security through various programs, including its role in the food sector within the Novee framework, through the International Partnership for Integration. 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 Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters 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 "Tensions Escalate: Iran Probes Allegations of Indian Tech Collaboration with Israeli Intelligence" News Flights suspended at Port Sudan Airport after Drone Attacks Videos & Features Video: Trending Lifestyle TikToker Valeria Márquez Shot Dead during Live Stream Arts & Culture Hawass Foundation Launches 1st Course to Teach Ancient Egyptian Language