Al-Mashat Named as Egypt's Governor at WB, Financial Institutions

Prime Minister Mostafa Madbouli issued on Saturday a decision no.81/2020 to appoint International Cooperation Minister Dr. Rania Al-Mashat as Egypt's governor at the World Bank and a number of financial institutions. 

Al-Mashat was appointed as Egypt's governor at the Arab Bank for Economic Development in Africa, the Arab Fund, and the European Bank for Reconstruction and Development (EBRD). 

The minister was also named as Egypt's alternate governor at the African Development Bank, the International Fund for Agricultural Development (IFAD), the Eastern and Southern African Trade & Development Bank (TDB), and the Arab Authority for Agricultural Investment and Development, as well as the Asian Infrastructure Investment Bank (AIIB). 

The decision was published at the official Gazette today. 

Moreover, Al-Mashat congratulated Egypt for being one of the World’s 100 Leading "Nation Brands", according to Brand Finance company. 

https://twitter.com/RaniaAlMashat/status/1218492976743297024

"Congratulations #Egypt for being one of the World’s 100 Leading “Nation Brands” drawn on 3 pillars: Goods & Services, Society & Investment. A nation brand is the most important asset of any state, & we are proud to have jumped 50.1% scoring 49th & 5th "Fastest Growing" globally," she tweeted. 

In 2019, Egypt jumped 50.1% to reach the 49th ranking on Brand Finance’s list of the most valuable nation brands, making it the world’s fifth fastest-growing national brand. 

Brand Finance draws the value of national brands based on three pillars: goods and services, investment, and society.