Cairo: Egyptian Minister of Planning, Economic Development and International Cooperation, and Egypt's Governor to the Islamic Development Bank (IsDB) Group, Rania Mashat said the bank's 2026-2035 development strategy has been passed at an important timing regionally and internationally.

According to State Information Service Egypt, the minister's remarks came during her participation in the IsDB Group's 2025 Annual Meetings, held from May 19 to 22, in the Algerian capital Algiers under the theme "Diversifying Economies, Enriching Lives." Mashat expressed a focus on enhancing cooperation between Egypt and the bank to advance economic development efforts, increase investments in human capital, and provide more funding tools for both local and foreign private sectors in Egypt.

Mashat emphasized Egypt's commitment to leveraging the bank's new strategy to create new opportunities for cooperation in supporting the private sector and financing projects related to infrastructure, education, digital transition, renewable energy, and climate change adaptation.