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Daily News Egypt
6 days ago
- Business
- Daily News Egypt
World Bank proposes Egypt join new global health initiative
Egypt and the World Bank have discussed strengthening cooperation to support the country's economic development, with the bank proposing that Egypt join a new global health initiative, the planning ministry said on Tuesday. The proposal was made during a meeting between Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, and the World Bank's Regional Director for Egypt, Yemen, and Djibouti, Stephane Guimbert. According to a ministry statement, Guimbert presented an overview of a new World Bank-led global health initiative that aims to expand basic health coverage to an additional 1.5 billion people in middle- and low-income countries. He raised the idea of Egypt joining as a key participant, citing the country's significant progress in health sector reforms, particularly the implementation of its Universal Health Insurance system, which is one of the largest social protection projects in the region. For her part, Al-Mashat emphasized the importance of the partnership with the World Bank Group as a 'knowledge partner' to the Egyptian government. She highlighted joint efforts to develop a comprehensive implementation plan to achieve economic development, support macroeconomic stability, promote industrial development, mobilise foreign direct investment (FDI), and increase investment in human capital. The minister also outlined the government's national narrative for economic development, a framework which she said aims to create a unified development discourse. Its pillars include preparing a National Strategy for Industrial Development to increase exports, enhancing the value-added of manufacturing, expanding the green economy's contribution to GDP, and promoting investment in human capital. The meeting also covered updates on the World Bank's existing portfolio in Egypt, including the Universal Health Insurance Project, the Sustainable Rural Sanitation Services Programme, the Takaful and Karama social safety net programme, the Upper Egypt Local Development Program, and the Cairo-Alexandria Trade Logistics Development Project.
See - Sada Elbalad
7 days ago
- Business
- See - Sada Elbalad
Al-Mashat, WB Regional Director Discuss Advancing Multilateral Co-op to Enhance Economic Development in Egypt
Nada Mustafa Dr. Rania Al-Mashat, Minister of Planning, Economic Development, and International Cooperation, held a meeting with Mr. Stephane Guimbert, Regional Director of the World Bank for Egypt, Yemen, and Djibouti, to discuss avenues to strengthen joint cooperation to achieve economic development in Egypt. The Minister of Planning, Economic Development and International Cooperation discussed with the World Bank Regional Director the joint efforts to enhance economic development by leveraging the World Bank's international expertise and capabilities, emphasizing the importance of the partnership with the World Bank Group as a knowledge partner to the Egyptian government. Where joint work is underway to develop a comprehensive implementation plan to achieve economic development in cooperation with ministries and national entities, aiming to support macroeconomic stability, provide development financing, promote industrial development and trade, mobilize foreign direct investment (FDI), and increase investment in human capital. H.E. also highlighted the Ministry's efforts to implement the national narrative for economic development, which includes several pillars such as the preparation of the National Strategy for Industrial Development, which aims to increase exports, and enhance the value-added of manufacturing industries, and expand the contribution of the green economy to the GDP, as well as on enhancing integration and coherence between the FDI strategy and industrial development, supporting the labor market strategy focused on skills, and promote investment in human capital. She pointed out that this document comes within the framework of the effort to formulate a unified development discourse that reflects the state's priorities, enhances the consistency of macroeconomic policies, and serves as a common reference for the government, international institutions, and development partners. The meeting also discussed updates regarding the World Bank's portfolio, including the Universal Health Insurance Project, the Sustainable Rural Sanitation Services Program, and the Takaful and Karama Program. Discussions also covered the latest developments in the Upper Egypt Local Development Program and the Cairo-Alexandria Trade Logistics Development Project, which is being implemented in cooperation with the National Railways Authority of Egypt (NRA). For his part, Mr. Stephane Guimbert, Regional Director of the World Bank for Egypt, presented an overview of a new global health initiative led by the World Bank, which aims to expand basic health coverage to an additional 1.5 billion people worldwide, focusing on middle- and low-income countries. The idea of Egypt joining as a key participant in this initiative was raised in light of its significant progress in health sector reforms, particularly through the implementation of the Universal Health Insurance system, which is considered one of the largest social protection projects in the region. 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 Arts & Culture "Jurassic World Rebirth" Gets Streaming Date News China Launches Largest Ever Aircraft Carrier 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 Arts & Culture South Korean Actress Kang Seo-ha Dies at 31 after Cancer Battle Business Egyptian Pound Undervalued by 30%, Says Goldman Sachs Sports Get to Know 2025 WWE Evolution Results News "Tensions Escalate: Iran Probes Allegations of Indian Tech Collaboration with Israeli Intelligence" News Flights suspended at Port Sudan Airport after Drone Attacks
Daily News Egypt
03-05-2025
- Health
- Daily News Egypt
EU ambassador commends Aswan's public healthcare during official visit
In a high-level visit to Aswan, EU Ambassador to Egypt and the Arab League, Angelina Eichhorst, toured several public hospitals affiliated with Egypt's General Authority for Healthcare (GAHC), including Al-Massalah Specialized Hospital. She was accompanied by Amal Ammar, President of the National Council for Women, and Ismail Kamal, Governor of Aswan. The visit aimed to evaluate progress under Egypt's Universal Health Insurance System. Ambassador Eichhorst expressed her admiration for the quality of care provided, describing it as 'remarkable,' and said it reflects the Egyptian state's commitment to enhancing public services and improving citizens' quality of life. Ahmed El-Sobky, Chairperson of the GAHC and General Supervisor of the Universal Health Insurance Project, welcomed the praise, noting it affirms Egypt's alignment with global standards of healthcare quality and sustainability. He highlighted that the EU ambassador's remarks underscore growing international confidence in Egypt's healthcare model. El-Sobky emphasized that the ongoing expansion of health insurance coverage in Aswan is a direct reflection of President Abdel Fattah Al-Sisi's vision for equitable healthcare nationwide. He added that Upper Egypt plays a central role in the government's development plans, with a focus on patient-centered services and adherence to international benchmarks. He also pointed to the comprehensive strategic partnership signed between Egypt and the European Union on March 17, 2024, during President Al-Sisi's meeting with European Commission President Ursula von der Leyen. The agreement, he said, marks a key milestone for deeper cooperation in the health sector and the pursuit of inclusive, sustainable healthcare reform. Ambassador Eichhorst reiterated the EU's strong support for Egypt's healthcare transformation, noting that Egypt is one of the EU's largest recipients of trust and development assistance. She described the partnership as a testament to the importance of continued collaboration between both sides. El-Sobky concluded by affirming that Aswan holds a prominent place in the Authority's roadmap for expanding access to advanced healthcare services. He stressed that this aligns with national directives to ensure fair and comprehensive health coverage across all governorates participating in the Universal Health Insurance System.
Daily News Egypt
01-03-2025
- Business
- Daily News Egypt
Egypt, Japan celebrate 70 years of development cooperation
The Japan International Cooperation Agency (JICA), in collaboration with the Embassy of Japan in Egypt, hosted a ceremony at the Egyptian Opera House on 22 February to commemorate 70 years of Egypt-Japan development cooperation. The event was attended by prominent dignitaries, including Japan's Ambassador to Egypt, IWAI Fumio, Egypt's Minister of Education and Technical Education, Mohamed Abd El Latif, and Vice Minister of Social Solidarity, Margrit Sarofum. Other high-ranking officials, such as Ahmed Shahin, Assistant Minister of Foreign Affairs for Asia, Australia, New Zealand, and the Pacific Islands, and Ahmed El Sobky, Chairperson of the Egypt Healthcare Authority and Supervisor General of the Universal Health Insurance and Life Dignified projects, were also present. The ceremony opened with an infographic video that highlighted key milestones of Egypt-Japan collaboration, showcasing the depth of their longstanding partnership. In his opening remarks, Ambassador IWAI Fumio expressed gratitude for the strong ties between the two nations, emphasizing that this anniversary marks a significant achievement in their shared history. Minister Mohamed Abd El Latif reflected on the success of their educational collaboration, noting that he had recently returned from an intensive visit to Japan, where he engaged in discussions to further enhance Egypt's education system by adopting Japanese expertise. JICA Egypt's Chief Representative, KATO Ken, underscored the importance of the partnership by quoting, 'The best way to predict the future is to create it.' He highlighted how Egypt and Japan have worked together to address critical challenges, aligning JICA's focus on quality growth and human security with Egypt's strategic priorities in infrastructure, food security, climate change, human resource development, private sector growth, and industrial localization. A video message from Rania El Mashat, Minister of Planning, Economic Development, and International Cooperation, reinforced Japan's vital role in Egypt's development, emphasizing its support through financial and technical assistance. She pointed to landmark projects such as the Grand Egyptian Museum (GEM), the Egypt-Japan University of Science and Technology (EJUST), the Universal Health Insurance Project, and Cairo Metro Line 4, all of which reflect the depth of Egyptian-Japanese collaboration over the decades. In her keynote speech, Margrit Sarofum expressed appreciation for Japan's contributions, particularly in early childhood education through the Egypt-Japan Education Partnership, a pillar of their successful cooperation. The event also featured a panel discussion titled 'Empowerment of Human Capital for Sustainable Industrial Growth.' Moderated by Mayada Magdy, Country Senior Representative for JICA Egypt, the discussion centered on the role of education and industry collaboration in driving economic progress. Panelists included Hany Helal, Secretary-General of the Egypt-Japan Education Partnership and Chairperson of EJUST; Amr Adly, President of EJUST; Rasha Sharaf, Executive Director of the Education Development Fund and EJ KOSEN Project; MURAKAMI Soichi, JICA's Expert for Investment Promotion at GAFI; Nabil El Mougy, Founder and Shareholder of Saraya Middle East; and TSUNODA Manabu, Chief Advisor of the EJUST Project. The discussion emphasized the necessity of investing in human capital to support sustainable industrial growth, highlighting successful projects and the potential for future cooperation. As part of the anniversary celebrations, students from Egypt-Japan Schools in Suez delivered a lively dance performance, followed by a Japanese YOSAKOI dance presented by both Japanese and Egyptian students, symbolizing the cultural exchange between the two nations. In his closing remarks, the newly appointed Chief Representative of JICA Egypt, EBISAWA Yo, praised the enduring partnership between Egypt and Japan, emphasizing that investing in people is the key to progress. He reaffirmed JICA's commitment to Egypt and expressed his gratitude to his predecessor, KATO Ken, for his efforts over the past three years. As Egypt and Japan mark seven decades of cooperation, this milestone event reaffirmed their shared commitment to sustainable development, human capital investment, and economic growth, setting the stage for continued collaboration in the years to come.
Middle East
10-02-2025
- Health
- Middle East
OPEN//Taj el Din: Presidential directives to expand coverage of health insurance system
CAIRO, Feb 9 (MENA) - Mohamed Awad Taj el Din, the Advisor to the President for health and prevention affairs, on Sunday said that President Abdel Fattah El Sisi has issued directives to expand the coverage of the Comprehensive Health Insurance System nationwide throughout the current year 2025 to ensure the provision of health services to a larger number of people. Taj el Din said that the president has adopted the Universal Health Insurance Project along with the improvement of healthcare in Egypt. The presidential advisor, in exclusive statements to Nile Radio, said that the Comprehensive Health Insurance System was initially applied in Port said governorate, then extended to other governorates. He added that it is currently covering six governorates, with plans for extension to other governorates during the current year.
