Egypt’s Minister of Public Enterprises Sector, Mohamed El-Shimy, met with a high-level delegation from the World Bank Group at the ministry’s headquarters in the New Administrative Capital. The delegation included Stéphane Guimbert, World Bank Country Director for Egypt, Yemen, and Djibouti; Cheikh Oumar Seydi, Regional Director for North Africa at the International Finance Corporation (IFC); and Saad Sabra, IFC Country Officer in Egypt.

The discussions focused on opportunities to deepen cooperation and strengthen the partnership between the Ministry of Public Enterprises and the World Bank Group, particularly in the areas of institutional development and attracting investment into state-owned enterprises, aligning with Egypt’s broader strategy for inclusive and sustainable development.

For more information, please see https://www.dailynewsegypt.com/2025/07/13/egypt-world-bank-explore-deeper-cooperation-partnership-opportunities/