Égypt-actus
Follow
Find tag "projets de développement"
357.6K views | +72 today
Égypt-actus
Égypt-actus
revue de presse sur l'actualité culturelle, archéologique, politique et sociale de l'Égypte
Curated by Egypt-actus
Your new post is loading...
Scooped by Egypt-actus
Scoop.it!

U.S. Govt Collaborates with Egyptian Partners to Support Women Business Owners

U.S. Govt Collaborates with Egyptian Partners to Support Women Business Owners | Égypt-actus | Scoop.it

Fifteen business mentors and over 30 entrepreneurs engaged in a one-on-one mentoring event sponsored by the U.S. Government’s Global Entrepreneurship Program (GEP) and the Association for Women’s Total Advancement and Development, in cooperation with the Women Business Development Centre.

 “Supporting women business owners is crucial to promoting increased prosperity for Egypt’s families,” said Mary Ott, Mission Director of the U.S. Agency for International Development (USAID) which is funding the GEP program.  “Mentoring helps new entrepreneurs to address barriers they face in growing their businesses in realistic and powerful ways.  It provides them with valuable networks to build their businesses and create jobs.”

Mentoring brings experienced women business owners together with new entrepreneurs to provide a deeper understanding of the business world.  It helps them address challenges such as lack of business skills and lack of access to modern technologies, market linkages, and financing.  It can help women across Egypt who have entrepreneurial ideas and inspiration turn those ideas into successful businesses.

 

Through USAID’s Global Entrepreneurship Program, the United States supports Egypt’s economic growth by providing training, mentoring, and links to financing for entrepreneurs – men and women. Since 2011, this program has helped launch 46 start-up companies in Egypt, 18 of which are owned by women, and has supported those businesses to create 166 new jobs.

This text is from: Amwal el-Ghad



more...
No comment yet.
Scooped by Egypt-actus
Scoop.it!

BP In Talks To Begin US$18 Bln Egyptian Mediterranean Gas Project

BP In Talks To Begin US$18 Bln Egyptian Mediterranean Gas Project | Égypt-actus | Scoop.it

Energy giant BP is currently in talks with the Egyptian government over financing a deep-water natural gas production project in Egypt’s Mediterranean sea within a period of time ranging between 4 to 5 years with estimated investments worth US$18 billion.

 

Dr. Osama Okail, Professor of Highways and Traffic Engineering at Ain Shams University, said the British oil conglomerate is currently negotiating with the Egyptian ministries of Investment and Transport over the implementation of the deep-water natural gas production project in Egypt’s Mediterranean sea. Okail noted that BP has already completed all the studies on the project.

 

Moreover, Dr. Okail stated that the BP is targeting the completion of the project within the coming 4-5 years. BP is currently in talks with the country’s General Authority for Roads, Bridges and Land Transport (GARBLT) seeking to make use of all the roads and bridges so as to implement the project.

 

“Egypt will benefit from half of the project’s outcome; while BP will obtain the second the half.” Okail added

more...
No comment yet.
Scooped by Egypt-actus
Scoop.it!

$388 million IDB loans to boost Egypt economy

$388 million IDB loans to boost Egypt economy | Égypt-actus | Scoop.it

Islamic Development Bank President Dr. Ahmed Muhammad Ali yesterday signed a number of loan agreements worth more than $388 million with Egyptian officials.

IDB will give $250 million to finance a 1,950-megawatt electricity station in the country's south, an official statement said.

The new power plant will eventually be linked to Egypt's national electricity grid, with additional stations to soon be constructed.

The ministry received an initial $200 million loan for the project from the IDB last summer.

IDB will give $50 million to support small and medium enterprises in the country and $32.3 million to finance a national agricultural development program.

The bank signed a $31 million deal to finance a learning hospital at Al-Azhar University and a $25 million loan deal to support a youth training program.

Since its inception, IDB has given more than $8 billion to finance 66 projects in the country and $3.5 billion to finance trade.

more...
No comment yet.
Scooped by Egypt-actus
Scoop.it!

Egypt: Technical Program From EU for Implementing 5 Projects

Egypt: Technical Program From EU for Implementing 5 Projects | Égypt-actus | Scoop.it

The Egyptian Chamber of Commerce in Alexandria on Monday 18/2/2013 started the practical steps for starting the technical aid program provided by the European Union (EU) to start implementing five new regional projects in Alexandria, mainly in the fields of sustainable tourism, food production, solar energy, waste recycling at an aggregate budget of L.E. 180 million, to which the EU would contribute 90%.

The remaining 10% will be provided by the Arab Academy for Science and Technology, the Federation of European Chambers, the Arab-German Chamber of Commerce.

The three-year program provides for exchanging expertise with the Euro Mediterranean chambers and the specialized authorities.

The first project covers developing tourist and historical heritage as well as enhancing cooperation in the field of tourism, said Ahmed Al-Wakil, Chairman of the Federation of Egyptian Chambers of Commerce and Head of Alexandrian Chamber.

 

He added that the second venture relates to the development of solar energy technology, while the third covers boosting food industries as well as the development of exports, he added.

 

The fourth project covers developing the societal participation in solid waste treatment through the schools and universities, while the fifth project covers developing supply chains in dairy sector, its production and the exports of its traditional industries, said Al-Wakil

more...
No comment yet.
Scooped by Egypt-actus
Scoop.it!

Industrial Development Bank Seeks Cooperation With Industrial Authorities

Industrial Development Bank Seeks Cooperation With Industrial Authorities | Égypt-actus | Scoop.it

The Industrial Development and Workers Bank ofEgypttargets to sign a protocol of cooperation with a number of authorities which are subsidiary to the Ministry of Industry and the Industrial Modernization Centre (IMC).

 

The protocol stipulates that the bank offers financial support and the Ministry offers technical support and training for small and medium enterprises (SMEs).

The bank plans to cooperate with the Industrial Development Authority through financing projects which are licensed by the Authority, said Hamdi Azzam, member of the board of directors of the bank.

 

In addition, the bank is in talks with the Ministry of International Cooperation to tap into the foreign loans and grants allocated for SMEs.

 

The bank raised the value of SME finance portfolio by 141% to reach EGP 350 million at the end of 2012, compared to EGP 144 million at the end of 2011.

The bank increased the number of its customers by 245% to reach 352 customers, compared to 136 customers at the end of 2011

more...
No comment yet.