MIIC and its German Counterpart Discuss Means of Advancing Effective Management of Development Cooperation

December 2017

With the objective of strengthening the role of the Ministry of Investment and International Cooperation in managing Official Development Assistance (ODA), the Ministry welcomed the invitation of the German Government, extended through the German Agency for International Cooperation (GIZ), to participate in a study tour from November 26th to December 1st 2017. The tour included visits to Germany’s key development cooperation institutions, including; the Federal Ministry for Economic Cooperation and Development (BMZ), and the independent development research and evaluation centers, as

Egypt Country Strategy and Program Evaluation National Workshop

December 2017

The Ministry of Investment and International Cooperation (MIIC) and the Independent Office of Evaluation (IOE) of the International Fund for Agricultural Development (IFAD) jointly organized the National Workshop on Egypt Country Strategy and Program Evaluation (CSPE) on Sunday 26 November 2017, at the Ministry of Investment and International Cooperation premises. The workshop was chaired by H.E. Dr. Sahar Nasr, Minister of Investment and International Cooperation and was attended by representatives of the Ministry of Agriculture and Land Reclamation and the Ministry of Trade and Industry as well as

Joint Declaration Signed between Egypt and Switzerland for the New Cooperation Strategy until 2020

December 2017

Egypt and Switzerland signed a joint declaration worth CHF 86 million, including the new cooperation strategy of the Swiss side in Egypt for 2017-2020. The Egyptian government was represented by the Minister of Investment and International Cooperation Dr. Sahar Nasr, while the Swiss government was represented by the State Secretary for Economic Affairs Ms. Marie-Gabrielle Ineichen-Fleisch to renew cooperation between Egypt and Switzerland for the achievement of SDGs in Egypt. The Minister indicated that the signing would positively affect Egyptian citizens in light of present and fut

Acting PM Witnesses Dr. Nasr's Signing of the Largest Development Funding between Egypt and WB

December 2017

Acting Prime Minister Dr. Mostafa Madbouly witnessed the signing of the third tranche of the financing package worth USD 1.150 billion allocated to Egypt's development policies and economic reform program between the Minister of Investment and International Cooperation and Egypt's Governor at the World Bank (WB) Dr. Sahar Nasr and the WB's Country Director for Egypt Mr. Asad Alam, in presence of the Minister of Electricity Dr. Mohammed Shaker and the WB's CEO Dr. Kristalina Georgieva. It is worth noting that this funding is considered the largest one of its kind in the history of relationship betwee