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Mashat recognized as one of top 30 “Visionary Women Driving Change in the Middle East”
Minister of International Cooperation Rania Mashat was recognized by the Economy Middle East as one of the top 30 “Visionary Women Driving Change in the Middle East”, alongside many of the region’s innovative trailblazers.
Mashat has been an influential member of Egypt’s cabinet since 2018. She has previously held the position of minister of International Cooperation from December 2019 to July 2024 and was Egypt’s first female minister of Tourism from January 2018 to December 2019.
Mashat’s tenure at the Central Bank of Egypt (CBE) from 2005 to 2016 was marked by significant contributions to
modernizing the country’s monetary policy. As sub-governor for Monetary Policy, she played a central role in implementing structural reforms, notably adopting an inflation-targeting regime as part of the broader banking sector reform program initiated in 2004.
Mashat previously worked at the International Monetary Fund (IMF) in Washington, D.C. as advisor to the chief economist from August 2016 to January 2018, and senior economist from 2001 to 2005, with specialization in central banking issues, including monetary policy frameworks and macro-prudential tools.
Mashat is actively engaged in global initiatives, holding positions on several prestigious advisory councils and
international alliances. She is a member of UNICEF’s GenU, a founding member of the Global Energy Alliance for People and Planet (GEAPP) launched by the Rockefeller Foundation, and a founding member of the World Economic Forum’s (WEF) Resilience Consortium.
Additionally, she co-chairs the WEF’s MENA Stewardship Board and the Network to Mobilize Investment for Clean Energy in the Global South.
Mashat is also involved with WEF’s Mission Possible for Climate Action, New Economy and Society Stewardship Board, and the Giving to Amplify Earth Action (GAEA) initiative. Through her diverse and transformative leadership roles, Mashat continues to play a key part in advancing Egypt’s economic development and fostering international collaboration to address global challenges.
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