Latest in Tag: Ministry of International Cooperation Highlight
Latest in Tag: Ministry of International Cooperation

Egypt launches interactive website to track SDG-aligned development
On the sidelines of the release of the 2020 annual report titled, ‘International Partnerships for Sustainable Development’, Ministry of International Cooperation launched an interactive website to visualise Egypt’s SDG-aligned development story. As all countries embark on a decade of action until 2030 to achieve the SDGs, the website aims to bridge Egypt’s local success stories …

Egypt, ILO expand Better Work programme
About 30 textile companies already benefited from the programme, says Al-Mashat

WB’s board of directors to visit Egypt in January: MIC
Delegation to meet Madbouly, Al-Mashat, other senior officials, says statement

MIIC, MCIT sign protocol to promote Egypt’s regional position in entrepreneurship, investment
Agreement includes promotion of investment in field of entrepreneurship, establishment of investment zones for emerging companies

Nasr heads Egyptian-Kazakh ministerial committee, signs cooperation protocol
Kazakhstan to support Egypt in negotiations to establish a free trade zone between Egypt and EAEU, establish joint projects

International Cooperation Ministry signs 6 agreements with EU, receives €130m in donations
Minister of International Cooperation Sahar Nasr met on Tuesday with EU representative and the Commissioner for European Neighbourhood Policy, Johannes Hahn, to sign an agreement on six projects worth €130m, according to a statement from the ministry. The projects that will receive financing from the agreement include the construction of a wind power plant in …

6 Arab financial institutions proposed to develop Sinai Peninsula
Development in housing, transportation infrastructure, agriculture and education estimated at $1.5bn

Egypt proposes Sinai development projects to Arab institutions
International Cooperation Minister says projects cost $1.5bn

EU grants €32m for wastewater expansion project in Egypt
500,000 inhabitants in 79 villages in Kafr El-Sheikh to benefit from the project

EU grants €30m for expanding access to education in Egypt
EU’s contribution to programme will help establish 1,200 community schools in “disadvantaged” Egyptian governorates

AfDB grants Egypt $2.25m for victims of heavy rains, CBE project
International cooperation minister signed €50.2m loan for sanitation sector

World Bank agrees to raise Egypt’s portfolio to $6bn: Nasr
World Bank highly considers giving $3bn loan to support budget, the first since 25 January Revolution

EU grants €68m for natural gas delivery to low-income Egyptian households
Grant to support part of the Ministry of Petroleum’s mega project of delivering natural gas to approximately 1.2m households during current FY

International cooperation minister to meet with heads of WB, IDB, and EBRD
Sahar Nasr headed to Lima, Peru to attend World Bank and IMF annual meetings

Newly appointed international cooperation minister to attend WB meetings
Sahar Nasr affirmed that the ministry is working on receiving needed financing for national development projects

Al-Ahwani negotiates $ 115m loan with South Korean government
KOICA provided Egypt with a grant worth $ 1m to prepare feasibility studies needed to operate an integrated technological educational complex

Egypt, France 2014 trade exchange valued at $2.6m
Volume of France’s investments in Egypt stands at approximately €7bn

AfDB loans worth $140m finalised for Sharm El-Sheikh airport extension
A grant amounting to $1.7m also provided for the development of the airport’s second phase

Agreements to be signed with IDB to bolster cooperation: Al-Ahwani
Minister of International Cooperation denies reports that bank demands repayments of loans owed by Egypt
Egypt, CMI sign MoU
Signingis Egypt’s third extension of agreement, prolonging cooperation period from 2015 to 2018

Saudi Arabia, UAE, Kuwait strong backers of Egypt’s economy
Overview of Gulf aid to Egypt in the new era

Ministry of Tourism finalises studies for March economic summit: Chairman of TDA
Tourism Development Authority projects hope to attract investments worth EGP 5bn

Chinese investors show interest in infrastructure ahead of Al-Sisi’s visit
Egyptian ministers propose projects to China, which Al-Sisi will negotiate during his visit

Government postpones Economic Summit to avoid Chinese New Year
Dispute surrounding Kuwaiti grant valuing $1bn, Ministry of Finance confirms its arrival, International Cooperation denies
International cooperation ministry denies receiving $1bn from Kuwait
Last aid to Egypt was $350m Saudi loan for electricity projects and promoting Saudi exports to Egypt, says ministry spokesperson

Saudi Arabia allocates $350m to Egypt in 3 agreements
The agreements include two electricity stations in Western Damietta and El-Shabab

EU allocates €4.7m for mine clearance in Egypt
17m unexploded mines are still planted in World War II battlefield El Alamein

Kuwaiti fund to grant Egypt $100m loan for power station
Director General of Kuwait Fund Abdul Wahab Al-Bader scheduled to visit Egypt in coming weeks to sign loan agreement

Development studies for Ismailia, Nubaria canals nearing completion: Ministry of Cooperation
Ministry of International Cooperation to receive loan from African Development Bank worth €1.9m

EIB contributes €250m to electricity sector
Vice President of EIB also expressed, during his meeting with Ashraf El-Arabi, interest in helping to fund government’s projects.