President Abdel Fattah El Sisi issued a decree approving a grant deal between the Egyptian Ministry of International Cooperation and the Swedish International Development and Cooperation Agency (SIDA).
The funding is in the form of grants that are not paid back.
Th grant will be used to finance a project aimed at upgrading Egyptian governmental institutes in order to improve public services.
Through the grant, a number of necessary devices and equipment were provided to Sadr Al-Abbasiya Hospital.
The grant aims to support pollution management and environmental health to fund the sustainable management of persistent organic pollutants project, signed on October 26, 2020.
The AfDB will provide Egypt with €108 million alongside a €1 million grant through the project under implementation so that 22 thousand homes in Luxor will benefit.
This came during a joint meeting between the Ministers of Planning, Manpower and Solidarity with the participation of, Minister of Manpower, Mohamed Saafan, Minister of Solidarity Nevine al-Kabbaj, Head of the National Council for Women Maya Morsy.
Al-Mashat clarified that these grants are directed to sectors of health and education.
The number of registered employees in employment offices reached 2,168 young people, in addition to issuing 849 certificates for measuring skill level and a license to practice a profession for workers in various professions.
Saeed said the date was set during the cabinet's meeting on Thursday under the chairmanship of Prime Minister Mostafa Madbouli.
The Egyptian Trade Union Federation, headed by Gibali Al-Maraghi, praised the new presidential mandates for launching a presidential fund to support irregular employment.
The grant is meant to implement a program for social and economic development program.
The project includes improving the efficiency of patent management, by using the online patent application system, facilitating the public access to patent information, establishing an electronic services portal for the public, setting up a capacity development program by sending Korean experts to the Egyptian Patent Office, and training office members in South Korea.
Head of the Team Developing Misr-Sat 2 Haitham Medhat stated in a TV interview that the satellite will be launched in 2022.
The agreement, which was signed in the Egyptian capital Cairo last year in November, states that the Chinese government shall hand its Egyptian counterpart a grant of 300 million Chinese yuan ($42.9 million).
Mashat said that the grant contributed to creating about 12,000 job opportunities.
Rania al-Mashat said that three projects of the Egyptian Agricultural Bank and two projects in the field of health care, and value chain support were approved for funding.
The TFSCB will support efforts by Egypt’s Central Agency for Public Mobilization and Statistics (CAPMAS) to outline a national strategy to achieve that.
This agreement aims to secure immediate funding from multilateral and bilateral development partners for budgetary support and assistance in mitigating the impact of the pandemic.
Mashat added in a statement that the Kingdom of Saudi Arabia’s grant in Egypt contributed to achieving the goals of sustainable development and creating new job opportunities.