November 2, 2021
1 min read

Egypt signs 7 grant agreements with the US

Egypt has signed seven grant agreements with the US, through the US Agency for International Development (USAID), worth $125 million as part of the joint economic relations program between the two countries…reports Asian Lite News

The agreements aim to bolster Egypt’s development efforts in the fields of education, science and technology, agriculture, health, economic governance, trade and investment, Egyptian Minister of International Cooperation, Rania al-Mashat said in a statement.

Egypt signs 7 grant agreements with the US

Al-Mashat pointed out that the strategic partnership with the United States is integrated with Egypt’s national efforts to achieve economic and social development, Xinhua news agency reported.

She revealed that Egypt’s International Cooperation Ministry and the National Council for Women, as well as the World Economic Forum, had launched the “Closing the Gender Gap Accelerator” initiative, the first of its kind in Africa and the Middle East, which works to take institutional measures to empower women.

ALSO READ: Prince Charles to visit Jordan, Egypt

“The Ministry is seeking to agree on a new partnership with the USAID in the context of achieving the goals of the initiative to bridge the gender gap, improve the work environment for women in the private sector, and enhance financial inclusion for women,” the Minister added.

She noted that the partnership with the USAID is also reflected in motivating the participation of the private sector in Egypt’s development and increasing its role in various projects, by supporting small and medium-sized companies.

Previous Story

Iran deplores western countries’ statement on its nuke program

Next Story

London Sikhs Reject Khalistan Referendum

Latest from Arab News

Hamas agrees to release all hostages

Hamas agrees to release all Israeli hostages under Trump’s 20-point Gaza peace plan, backed by global powers and the UN, paving the way for regional stability. Hamas has formally agreed to release

Qatar now under US shield

Trump offers Qatar an unprecedented security guarantee, pledging US military protection amid Israeli strike and Gaza peace negotiations, reinforcing Qatar’s role in regional diplomacy. In an extraordinary move, the United States has

Arab nations back Gaza peace plan

The US plan, comprising 20 points, has drawn support from a wide range of Arab and Muslim nations, including Saudi Arabia, the United Arab Emirates, Qatar, Egypt, Turkiye, and Indonesia. Qatar has

‘Gulf economies stand strong’

GCC chief emphasised that the region’s positive economic outlook is supported by continued reforms, expansion of natural gas production, reduced dependence on oil, and stable inflation rates. The economies of the Gulf

Young ambassadors lead the way

The Abu Dhabi Awards Young Ambassadors programme empowers children to champion social responsibility, volunteerism, and national pride, inspiring peers to recognise and honour individuals making positive societal impact. The Abu Dhabi Awards
Go toTop

Don't Miss

Jaishankar’s Cairo visit strengthens India-Egypt ties

The two ministers also discussed many regional and international issues,

Govts urge citizens to leave Ukraine amid fears of invasion

Canada is closing its embassy in Kyiv temporarily, moving diplomatic