Latest in Tag: The Minister of Investment and International Cooperation Highlight
Latest in Tag: The Minister of Investment and International Cooperation

Egypt, Britain deliberate increasing investment in education, transport, entrepreneurship
The two sides discussed increasing cooperation between Egypt and Britain during the coming period in various fields and increasing British investments in Egypt, which reached $47.4bn, representing 1,816 British companies operating in Egypt.

Nasr inaugurates Japanese SEWS’ two factories in Port Said
The Minister of Investment and International Cooperation (MIIC), Sahar Nasr, inaugurated two factories built by the Japanese Sumitomo Electric Wiring Systems (SEWS) with total investments of $200m in Port Said on Sunday. SEWS provides the Egyptian market with 12,000 job opportunities with investments over EGP 15bn and exports to many countries, including the UK, France, …

Egypt’s Investment Law amendments encourage local, foreign companies to expand: Minister
The Minister of Investment and International Cooperation, Sahar Nasr, said that amendments approved by the cabinet to adjust some provisions of the Investment Law number 72 of 2017 will encourage companies wishing to expand their investment projects through providing them with specific incentives after the law restricts these incentives to new projects. Nasr added that …

Nasr, Moeit, Mamish to meet South Korean Prime Minister in Seoul
Two countries witnessed fruitful cooperation since Al-Sisi’s visit to Korea in March 2016

MIIC seeks to attract more Italian investments into Egypt
The Minister of Investment and International Cooperation, Sahar Nasr, met with representatives of the Italian Export Credit Agency, SACE, and SIMEST, a company which supports the international development of Italian businesses. The meetings took place over her current visit to Italy in order to promote more investments to the Egyptian market. Italian investors affirmed their …

Corporations Law’s executive regulation adjusted to boost Egypt’s business rankingÂ
Ministry committed to continue regulative reforms, says Nasr

MIIC, IBRD discuss expediting procedures of signing $1.5bn for Sinai’s development
ADFD’s delegation to visit Egypt shortly, says statement

EBRD, MIIC, EPEA discuss improving investment climate for capital venture, private equity funds
Egypt’s latest reforms for improving investment climate, legislative reforms will contribute to increasing FDIs to Egypt, says Hansen

Egypt receives final $500m tranche of AfDB’s $1.5bn loan
Coming period will witness increased cooperation between Egypt, AfDB, says Nasr

55% of development aid in Egypt allocated for upgrading infrastructure: Nasr
About 17% of development assistance that Egypt received went for supporting housing, utilities sector, upgrading slum areas, says Nasr

Sahar Nasr to attend World Bank annual meetings in WashingtonÂ
The Minister of Investment and International Cooperation Sahar Nasr will travel to Washington on Wednesday to participate in the annual meetings of the World Bank. The minister is expected to hold several meetings with the World Bank’s officials, the International Finance Corporation (IFC), and a number of major US investors and companies. Nasr will be …

Tahya Misr Fund’s executive committee prioritises supporting 5 fields next year
Developing slums, nurseries, virus C treatment, women empowerment, youth employment, with allocation of percentage for special needs individuals in each field

IFC injects new investments in Egypt worth $150m: Nasr
The minister said MIGA will re-enter the Egyptian market through providing guarantees worth $210m

Investment Minister, Mamish discuss implementation of promotional plan for SCZone projects
A plan in place to develop the ports of the region and develop an electronic system

Completion of executive regulations of investment law within a month: Minister of investment and international cooperation
Sahar Nasr, the Minister of Investment and International Cooperation, has announced her plan to complete the executive regulations of the investment law and present it to the Cabinet a month from now. “We do not want to delay these regulations due to their importance in attracting foreign investment which we give priority to at this …

Amendments to Companies Law to be presented to cabinet on Thursday: Nasr
Sahar Nasr, the Minister of Investment and International Cooperation, said that the amendments to the Companies Law are set to be discussed in the cabinet on Thursday, in order to send the draft to the parliament’s economic committee. The law would regulate the establishment and operation of companies in Egypt. Nasr said that the ministry …

Egypt, Germany to organise investment forum in Berlin soon: Nasr
German companies looking to increase their investments in Egypt, says German-Arab Chamber of Industry and Commerce’s CEO

New investment map for Egypt to launch in two months: minister
Efforts are made to solve investment disputes, especially those related to real estate activity, says Nasr

Nasr meets investors, World Bank delegation to discuss economic atmosphere
A workshop with World Bank to discuss the implemented procedures of development, states Investment Ministry

World Bank delegation to visit Egypt next week to monitor reform updates
Nasr also met with Mourad Wahba to discuss the UNDP programme