Latest in Tag: Sahar Nasr Highlight
Latest in Tag: Sahar Nasr
Government is aiming to create attractive climate: Nasr
Investment in Egypt is handcuffed, we demand real incentives for investors, says AbulEnein
Date for receiving German finances worth $500 still unknown: Nasr
Minister of Investment and International Cooperation Sahar Nasr told Daily News Egypt that the ministry and the German government did not set a date for Egypt to receive the financing of $500m. During the visit of German chancellor Angela Merkel on 2 March, Germany offered Egypt $500m to support its economic programme and its small …
Germany pledges $500m to support Egyptian economy
The support will come in the form of grants and concessional funds: Reuters
Germany finances Egypt’s projects with €203m
An economic delegation accompanied Merkel to Cairo to discuss increasing German investments
World Bank delegation to visit Cairo
A high-level delegation from the World Bank is scheduled to visit Egypt within the next two weeks to review the regulations undertaken by the government to enhance Egypt’s business environment and activities. The review will then be published in the World Bank’s “Doing Business” annual report, said Minister of Investment and International Cooperation Sahar Nasr …
Developing ports in Suez Canal area will attract more investments: Mamish
Mamish showed the Minister of Investment the process of developing six ports in the area
Investment minister studies measures to improve business environment
Potential Lebanese investments in stainless steel and cement sector
Minister of Investment participates in Egyptian-Lebanese Business Forum in Lebanon
Minister of Investment and International Cooperation Sahar Nasr is scheduled to fly to Lebanon on a two-day visit to participate in the Egyptian-Lebanese Business Forum, which is taking place in Beirut. The forum is scheduled to be opened by the prime minister of Lebanon, Saad El-Hariry, on Thursday. 200 businesspeople from both countries will participate, …
IFC mission is to start evaluating investment procedures in March
The minister assigned leaders of the ministry to evaluate one-stop shop applied by GAFI
UK seeks investments expansion in Egypt: ambassador
The UK’s investments in Egypt stand at $30bn
Challenges that new ministers face
On 16 February, Prime Minister Sherif Ismail got parliamentary approval for the new ministers that he had chosen for the cabinet reshuffle. The reshuffle comes during a time that is seeing extreme instability of the economy. The new ministers will also have to deal with the heavy burdens that citizens face after the implementation of …
Investment ministry to open Cairo-based office to facilitate work of Arab businesswomen
Minister of Investment and International Cooperation Sahar Nasr opened on Sunday the Women Success Partners Conference at the headquarters of the Arab League in Cairo, which was held under the auspices of a number of Egyptian ministries. Nasr asserted that the political leadership pays special attention to women and works to enable them politically, economically, …
Five draft laws and money market development files are currently handed to Sahar Nasr business portfolio
Sherif Samy, chairperson of the Egyptian Financial Supervisory Authority (EFSA), said that five draft laws and money market development files are currently handed to the Minister of Investment’s Sahar Nasr business portfolio after assigning her the role of the competent Minister of EFSA. Samy explained that the money market is currently waiting for the approval …
Minister of International Cooperation, South Korean ambassador discuss establishing a technology university for $6m
Talks to complete the development of Nag Hammadi-Luxor railway line signals systems to reduce train accidents
Rising number of beneficiaries of school feeding programme for 500,000 students: minister
During the United Nations International Children’s Fund (UNICEF) ceremony, which was held on Sunday, the Minister of International Cooperation, Sahar Nasr, stated that the government consults all of the involved parties in order to support the poorest villages in Egypt. She added UNICEF responded to the Egyptian call for intensifying its support for the poorest …
EGP 10m grant from AFDB for developing Ashwa’yat
AFDB study to finance 5 renewable energy projects
International Cooperation Minister heads first consultative meeting to discuss new UN strategic framework in Egypt
Minister of International Cooperation Sahar Nasr held the first consultative meeting for national authorities on Sunday to discuss the new United Nations (UN) framework. The meeting was held with the participation of the UN resident coordinator Richard Dicts and representatives from 22 bodies, including the ministries of foreign affairs, justice, planning, local development and housing, …
International Cooperation Minister discusses boosting support to SMEs with EU delegation
Minister of International Cooperation Sahar Nasr met with a delegation of the European Union (EU) to Egypt, including Christian Leffler, deputy secretary general for European external action service (EEAS), Simon Mordue, deputy director-general for migration and asylum, Maciej Popowski, deputy director-general for neighbourhood and enlargement negotiations, and Reinhold Brender, acting head of the European Union …
Establishment of National Center for Mines Action and Sustainable Development completed: Nasr
The minister emphasised that the centre will also establish infrastructure after clearing the area of landmines
This year’s plan focuses on grants, raising demand on projects to 100%: Minister of International Cooperation
Development projects that received the funds will be inaugurated in 2017
Ministry provided EGP 50m from Emirati grant to reconstruct Museum of Islamic Art: Nasr
Minister of International Cooperation Sahar Nasr said that the ministry had provided EGP 50m from the United Arab Emirates (UAE) government grant for the reconstruction of the Museum of Islamic Art, after the terrorist bombing that targeted the Cairo Security Directorate in 2014 also hit the museum. Nasr said in press statements on Wednesday, on …
World Bank allocates $500m for development of Sohag and Qena
Minister of International Cooperation Sahar Nasr inspected the Red Monastery development project in Sohag, which was funded by the United States Agency for International Development (USAID) with EGP 20m. The project aims to restore and develop the archeological aspects of the monastery, being an important touristic attraction and providing employment for local residents and limited-skill …
International Cooperation Ministry signs €120m grant with EU
Grant will be used to train 150,000 families, lend 10,000 of them
IFC provided $2.8bn to support private sector in Egypt since 1979: Nasr
The IFC’s support to Egypt from 2011 until 2016 is estimated at EGP 1.5bn, says minister
Egypt committed to transparency and efficient governance: Nasr
Egypt’s top priority is to eliminate poverty and achieve sustainable growth, says Minister of International Cooperation
International Cooperation Minister signs 3 agreements with KFD worth EGP 2.5bn
$3bn total cooperation portfolio between the ministry and the fund directed to financing 42 development projects
Norway offers $1.2m to finance ‘Job opportunities for youth of Egypt’ project
Minister of International Cooperation Sahar Nasr and foreign minister of Norway Børge Brende signed on Sunday an agreement worth $1.2m regarding the implementation of the “Job opportunities for youth of Egypt” project in Qaliubiya and Menoufiya governorates. The agreement was signed in the presence of the Norwegian ambassador to Cairo, Sten Arne, and director of …
International Cooperation Ministry to increase support for Takaful, Karama programmes to include 1.7m families
Minister of International Cooperation Sahar Nasr said the government aims to achieve three key elements: boosting economic growth and GDP rates by working to create new jobs and support micro, small-, and medium-sized enterprises (MSME); supporting youth through training, rehabilitation, and skill development programmes; and eroding poverty and providing social protection for the most vulnerable …
International Cooperation Ministry holds meetings with European officials to look into development projects
Minister of International Cooperation Sahar Nasr met on Sunday with Stephanie La Frenchie, head of the French Development Agency’s (FDA) bureau in Cairo, and Mohamed Bouabdallah, French Cooperation and Cultural Activity Consultant, in order to look into developmental projects in cooperation with France, according to the priorities of the Egyptian government at the present time. …
International Cooperation Minister, Misr El-Kheir foundation discuss cooperation over establishing small businesses in New Valley governorate
International Cooperation Minister Sahar Nasr met on Sunday with Egypt’s former Mufti and the chairperson of the Board of Trustees at the Misr El-Kheir Foundation, Ali Gomaa, at the ministry’s headquarters. They discussed the progress of establishing several small businesses in the New Valley governorate with funding worth EGP 250m, according to an agreement signed …