Rania A. Al-Mashat

About

International Economist Former Egyptian Minister

RANIA A. AL-MASHAT was appointed UN Under-Secretary General and Executive Secretary of the United Nations Economic and Social Commission for Western Asia (ESCWA) on April 20. She enjoys more than 25 years of international experience in macroeconomic policy; economic and sustainable development; international cooperation; climate finance, central banking, and monetary policy frameworks. She is a co-founder and member of several advisory boards, international alliances, and associations. She served for eight consecutive years (2018-2026) as Minister in the Egyptian Cabinet across three key portfolios: Tourism, International Cooperation, and Planning, Economic Development & International Cooperation. Her previous roles include Advisor to the Chief Economist of the International Monetary Fund, and Sub-Governor for Monetary Policy at the Central Bank of Egypt.

RANIA A. AL-MASHAT

Build Lasting Value Through, Innovation & Financial Expertis

1

Egypt's Narrative for Comprehensive Development: Reforms for Growth, Jobs & Resilience

A new growth model that extends beyond macroeconomic stability and fiscal sustainability to integrate human development and social justice.

2

Egypt’s Integrated National Financing Strategy (E-INFS)

A holistic strategy aimed at closing the financing gap to achieve the SDGs.

3

Entrepreneurship Ministerial Group

A Charter for Egypt’s Startup Ecosystem, including a unified definition for startups and structural reforms to foster innovation and job creation.

4

Egypt’s Country Platform for the Nexus of Water, Food & Energy (NWFE)

Accelerate Egypt’s transition to a sustainable and resilient economy.

5

Hub for Advisory, Finance and Investments for Enterprises

A platform providing integrated access to financing, advisory services, capacity building, and partnership opportunities for SMEs, startups, micro-enterprises, and large companies.
1
Years of Experience

Al-Mashat pushes forward partnerships and multilateralism as key enablers to accelerate macroeconomic stability, economic, sustainable and inclusive development, and climate action. She designed a novel approach to foster international cooperation through creating a country-led multi-stakeholder engagement framework for Egypt that strengthened partnerships with numerous bilateral and multilateral development institutions, ensuring the alignment and synergies of development finance and activities across different economic sectors, mobilizing $60 billion in concessional finance between 2020-2026, including budget support, blended finance tools to the private sector and diversified grants. She is an advocate for increasing private sector participation and developed Egypt’s Country Platform for the Nexus of Water, Food, and Energy «NWFE»-يِّفَوُن to leverage international partnerships and mobilize climate finance to the private sector, accelerating the green transition. She also pioneered an international, inclusive and consultative process to translate climate pledges into implementable projects in developing countries and transition economies, launching the “Sharm El-Sheikh Guidebook for Just Financing” at COP 27.

Financial Strategies

A Global Economic
Policy and Institutional Leader

Economic Transformation
Designing and executing large-scale economic reform.
Development Finance
Developing financing frameworks and mobilizing financing for development._
Climate Action
Spearheading Egypt’s Country Platform for the Nexus of Water, Food & Energy.
Multilateral Coordination
Building country-led financing architectures and institutional coordination frameworks that align all stakeholders.
Human Development & Social Inclusion
Advancing people-centered policies that link growth, opportunity, and human capital development.
Regional & International Partnerships
Building partnerships that translate shared priorities into measurable impact.
RANIA A. AL-MASHAT

Driven by Excellence, Trusted for Reliable Financial Solutions

Al-Mashat led the conceptualization and coordination between different ministries to produce “Egypt’s Narrative for Comprehensive Development: Reforms for Growth, Jobs & Resilience”, the country’s new growth model that extends beyond macroeconomic stability and fiscal sustainability to integrate human development and social justice as core pillars of Egypt’s economic transformation. She has engaged in evidence-based research to advance transparent monetary policy frameworks, characterize economic growth and development through institutional reforms and partnerships and has several publications in these subjects. In June 2021, Al-Mashat launched a book titled “Stakeholder Engagement Through Economic Diplomacy” from the London School of Economics. Additionally, she contributed several chapters to the International Monetary Fund’s book, titled, “Advancing the Frontiers of Monetary Policy”, published in 2018 and edited by Maurice Obstfeld, the Chief Economist at the time.

Al-Mashat is a member of several advisory councils and international alliances including: the High-Level Panel on Universal Energy Abundance an initiative led by the Center on Global Energy Policy at Columbia University’s School of International and Public Affairs with the Rockefeller Foundation, Commissioner for the Future of Development Coalition hosted by the Center for Global Developments, member of European Investment Bank Global Advisory Council, the United Nations International Children’s Emergency Fund (UNICEF) GenU, a founding member of the Global Energy Alliance for People and Planet (GEAPP) launched by the Rockefeller Foundation, a founding member of the Resilience Consortium of the World Economic Forum (WEF), a member of Mission Possible for Climate Action (WEF), Co-Chair of the MENA Stewardship Board (WEF), a member of the New Economy and Society Stewardship Board (WEF), Advisory Member of the Centre for the New Economy and Society (WEF). Al-Mashat served on several boards, including the Egyptian Stock Exchange, the Egyptian General Authority for Free Zones and Investment, the Arab International Bank, and the Arab Investment Bank. In her capacity as Minister of Planning, Economic Development and International Cooperation, she represented Egypt as Governor in several international financial institutions, including the World Bank Group, European Bank for Reconstruction and Development, Arab Fund for Economic and Social Development, Arab Bank for Economic Development in Africa, Islamic Development Bank, and New Development Bank as Egypt joined as a new member in 2023; and as Alternate Governor of Egypt at the African Development Bank, Asian Infrastructure Investment Bank and the International Fund for Agricultural Development.

Al-Mashat received several international and domestic awards: 2025 African Renaissance Leadership Award, 2025 Global Leadership Award from the Choiseul Institute, 2025 “Africa Political Outlook Prize for Leadership, Governance & Impact”; 2022 Most Visionary and Outstanding Minister of International Cooperation in Africa” by the Elliott School of International Affairs George Washington University and the GE7 Initiative; selected among the top 50 most influential women in the Egyptian economy in 2015 & 2020; the 2014 & 2015 “Choiseul Institute 100 Africa: Economic Leaders for Tomorrow”; and the 2014 Young Global Leaders by the World Economic Forum, to name a few.

Al-Mashat received her PhD and MA in Economics from the University of Maryland, College Park, USA, and her BA in Economics from the American University in Cairo. She completed Executive Education certificates in Leadership and Public Policy from the Kennedy School of Government at Harvard University and Transformational Leadership from Saïd Business School at Oxford University.

Rania A. Al-Mashat

Advancing Economic Transformation through Global Cooperation

Contact Info