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Egypt agrees with JICA to finance Grand Egyptian Museum, maintenance of electricity plants in Cairo
The Ministry of International Cooperation and JICA signed the agreements on the sidelines of the annual meetings of the World Bank and International Monetary Fund
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 …
Nasr discusses developmental projects to be financed with $8bn World Bank package
Minister of International Cooperation discusses visit of the mission to Egypt from 9 to 13 October
Egypt receives 54% of its financing portfolio from World Bank
Two new agreements were signed within the present programme worth $400m
Egypt’s relations with IFC, EBRD are strategic, allegations about halting projects are untrue: International Cooperation Minister
The IFC has invested $1.3bn in the Middle East and North Africa to fight poverty and promote prosperity
Loans will not create a burden, but will improve the lives of Egyptians: International Cooperation Minister
Revolutions begin with an economic slowdown, then comes development and recovery to meet citizens’ high ambitions, says Sahar Nasr
Food security affects national security: Minister of International Cooperation
We are willing to support the agriculture sector with our expertise, says UNIDO regional director
Minister of International Cooperation discusses future cooperation with World Bank official
Both parties discuss governmental, private sector, development projects, as well as Egypt’s participation in World Bank annual meeting
International Cooperation Ministry aims to secure $15bn over 3 years, representing 50% of funding gap
Ministry has provided $3.8bn out of $5bn to finance 20 development projects during FY 2016/2017
Natural Gas supply project will expand to reach 20 governorates: International Cooperation Minister
In 2014, the World Bank funded the original three-year project for the 11 governorates with $500m and AFD with €70m, and in 2015, the EU supplied a grant worth €68m
International Cooperation Minister signs 3 grant deals with Canada worth C$30.6m
The deals were made in the fields of food security and SMEs, says Sahar Nasr
Egypt, UAE discuss cooperation in real estate projects
Sheikh Hamed Bin Zayed Al Nahyan assured the UAE’s interest in participating in the Sinai Development Project
IMF loan negotiations: Will Egypt make it work this time?
Economy professor Alia El-Mahdy believes Egypt will adopt further economic reforms in the new fiscal year to meet IMF’s demands
Egypt, Saudi Arabia sign $25bn in agreements during Saudi monarch’s visit: Nasr
Saudi investments sends message of reassurance to international business community that Egypt is ready to receive their investments, says official
Arab Fund for Economic and Social Development financing Egyptian projects worth KWD 110m: minister of international cooperation
Financing to be directed to electricity projects, water saving conservation, developing agriculture system in Sinai
Egypt works to bridge expected $30bn financing gap: Nasr
The Ministry of International Cooperation is negotiating with the World Bank to finance industrial zones in Upper Egypt
Egypt to sign petroleum, investment agreements with Saudi Arabia
The agreements to be signed Sunday follow orders from Saudi Arabian King Salman bin Abdulaziz Al-Saud in December to invest $8bn in Egypt
Minister of International Cooperation discusses support of 1.5m acre project with FAO
A number of officials in the organisation, who are currently visiting Egypt, were also present during the meeting to discuss the project
Minister of International Cooperation discloses terms of Japanese loans
Interest rates of Japanese loans between 0.1-0.3%: International Cooperation Minister
Final version of MoUs between Egypt and Saudi Arabia are ready: Cooperation Minister
Egyptian Saudi Coordination Council to be established to promote cooperation between both countries to confront common challenges
Negotiations continue with ADFD, IDB to determine size of contribution to development projects in Egypt: Nasr
We will work to employ loans and grants well, to improve the quality of life of citizens without burdening the state’s budget, the minister says
AIIB to allot $10-15bn for countries’ infrastructure
Projects aim to build infrastructural capacity in energy, transportation, urban development, rural development, and logistics services
6 Arab financial institutions proposed to develop Sinai Peninsula
Development in housing, transportation infrastructure, agriculture and education estimated at $1.5bn
EIB provides €200m for Egypt’s third metro line: Cooperation Minister
It is expected that all stages of the third line of the metro will be completed in 2022, with a total length of 40.4 km, says Nasr
International Cooperation Minister seeks support in UAE
Nasr met with UAE Minister of State Khalifa Fund and Abu Dhabi Fund for Development
Egypt proposes Sinai development projects to Arab institutions
International Cooperation Minister says projects cost $1.5bn
Sahar Nasr signs €100m metro deal with EBRD
Deal signed at Mega Projects conference will include 13 new metro cars
€22m grant agreement from EU to agricultural SMEs
The project is expected to benefit more than 400 agricultural SMEs and to create 20,000 direct and indirect jobs
AfDB grants Egypt $2.25m for victims of heavy rains, CBE project
International cooperation minister signed €50.2m loan for sanitation sector
Women most affected by regional challenges: Nasr
An independent commission was formed in Egypt to eliminate all types of discrimination against women