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Egyptian Foreign Minister Praises European Bank's Efforts in Supporting Economic Development

2026-09-09

Egyptian Foreign Minister Praises European Bank's Efforts in Supporting Economic Development

Dr. Badr Abdelatty, Minister of Foreign Affairs, Immigration and Egyptian Expatriates, praised the vital role played by the European Bank for Reconstruction and Development (EBRD) in supporting the path of economic development within Egypt.

These statements came during an official meeting, where the Minister emphasized the importance of the strategic partnership between Egypt and the Bank. He noted that the ongoing cooperation contributes effectively to the implementation of national projects aimed at improving the level of services provided to citizens and developing infrastructure.

Dr. Abdelatty also explained that the European Bank is a key partner in supporting the Egyptian private sector, which helps in creating new job opportunities for youth and increasing local production rates. He affirmed that the Egyptian government is keen to strengthen these relations to attract more foreign investments.

For their part, the Bank's representatives expressed their appreciation for the economic reforms being undertaken by the Egyptian state, confirming their commitment to continue providing technical and financial support for development projects in various sectors.

These steps come within the framework of the Egyptian state's efforts to enhance international cooperation, ensuring the achievement of sustainable economic growth that positively reflects on the lives of citizens across the Republic.

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