Minister of Investment and International Cooperation Sahar Nasr has arrived in the Saudi capital Riyadh to represent Egypt in the Future Investment Initiative led by Saudi Crown Prince, Deputy Premier and Minister of Defense Mohamed bel Salman who will inaugurate the event later on Tuesday.
In a statement released on Tuesday, Nasr said the initiative will provide a good chance to expoundRead more
Egypt's Investment and International Cooperation Minister Sahar Nasr took over the chairmanship of the World Bank's African Group for 2018.
Egypt is to host the meetings of the group next year.
This came on the fringe of the annual meeting of the World Bank in Washington, the Investment Ministry said in a statement issued on Saturday.
During its presidency ofRead more
Saudi Arabian billionaire Prince Alwaleed bin Talal is to invest more than $800 million in hotels in Egypt, the investment ministry in Cairo said on Monday.
The announcement came after parliament in May adopted a new law aimed at attracting foreign investment as the authorities seek to reinvigorate the North African country's struggling economy.
The ministry said in a statementRead more
Minister of Investment and International Cooperation Sahar Nasr attended Thursday the opening session of an African meeting in Botswana's capital Gaborone.
Botswana's Vice President launched the opening session in the presence of ministers from 54 African countries and World Bank officials.
Th opening session discussed the African countries' keenness to coordinate their positions on various issues, in addition to promotingRead more
Egypt on Monday received the second tranche of a $3-billion World Bank loan in support of the government's economic and social agenda, International Cooperation Minister Sahar Nasr said.
In a statement on the ministry's Facebook page, Nasr said the second tranche would contribute to "encouraging private sector investment and supporting growth projects that promote employment".
Cairo received the first trancheRead more
International Cooperation Minister Sahar Nasr met Monday with French Development Agency (AFD) Cairo Office Director Stephanie Lanfranchi to discuss future cooperation between Egypt and France.
The meeting took up projects that can be implemented in cooperation with the AFD and in accordance with needs of the Egyptian people and priorities of the Egyptian government.
Nasr hailed as "strong" relations betweenRead more
The eighth session of the Egyptian-Lebanese higher joint committee will kick off in Egypt on Monday, said Investment and International Cooperation Minister Sahar Nasr.
The committee has not been convened since 2010, added the minister in a statement Sunday.
The experts' meetings from both sides will be held on Monday and Tuesday.
Several agreements will be signed during the meetings,Read more
Egypt’s Minister of International Cooperation Sahar Nasr said that her ministry exerts increasing efforts to overcome the current challenges facing the investors, stressing that the Egyptian government gives the priority to increasing the foreign investments in the country during the coming period. She added that the investments could perform a major role to contain the increasing unemployment and to provide more jobRead more
Egypt’s Minister of International Cooperation Sahar Nasr said that her ministry exerts increasing efforts to overcome the current challenges facing the investors, stressing that the Egyptian government gives the priority to increasing the foreign investments in the country during the coming period. She added that the investments could perform a major role to contain the increasing unemployment and to provideRead more
Minister of Investment and International Cooperation Sahar Nasr met on Thursday with Chairman of Orascom Telecom Media and Tech Naguib Sawiris.
The two sides discussed means of increasing Orascom's local investments.
The minister asserted that her role, which comes on top of the ministry's agenda, is to resolve any problem facing investors which would in turn encourage investors to pumpRead more