Saleh stressed that the opening of the new office would enable IFAD to serve its investment portfolio in the region and establish a corridor for South-South cooperation to exchange experiences.

She noted that the regional office in Cairo managed an investment portfolio of 18 ongoing projects, benefiting millions of rural people.

Also on Monday, Egyptian President Abdel Fattah al-Sisi met in Cairo with IFAD's President Houngbo, where both tackled mutual cooperation.

During the meeting, President Sisi said Egypt is looking forward to working with IFAD to transform Egypt into a regional center for agricultural development and management.

He also welcomed the opening of IFAD's regional office in Cairo, expressing appreciation for the fund's support for development projects in Egypt.

IFAD, an international financial institution and a United Nations specialized agency based in Rome, invests in rural people, empowering them to reduce poverty, increase food security, improve nutrition and strengthen resilience.

Since 1978, IFAD has provided 21.5 billion U.S. dollars in grants and low-interest loans to projects that have reached about 491 million people.

【国际英语资讯:IFAD opens regional office in Cairo to boost agricultural development in 7 countries】相关文章：

★ 保障全球粮食供应安全亟待行动

★ 华尔街对MBA吸引力大不如前

★ 香港开征印花税抑制非本地购房者

★ 中情局长婚外情女主角曝光 始于一起跑步

★ 迎新年英语手抄报：美国人的新年计划TOP10

★ 谷歌无垄断

★ 奥运前夕中国加紧空气治理

★ 朱莉大谈育儿经 感慨“当妈很累”

★ 全球气候谈判再度陷入僵局

★ “跳水沙皇”萨乌丁：北京奥运会没有遗憾