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.
Eleven financial and technical agreements were signed on Saturday.
The EASE Project and its additional finance are financed by the Middle East and North Africa (MENA) Transition Fund.
The Egyptian parliament will discuss the presidential decree on accepting a grant from the European Bank for Reconstruction and Development (EBRD) on Tuesday.
The grant, which was inked on Mach 25, conducts a fiscal study on the project of treating waste generated by Abu Rawash wastewater treatment plant (WWTP) .
Next academic year, five others will be inaugurated in Kafr El-Sheikh, Daqahliya, Damietta, Assiut and Aswan.
Wali explained that 55 foreign entities provided 151 grants to 112 NGOs in Egypt.
“This project aims at transferring Chinese technology in the satellite sector to serve the purposes of research projects and remote sensing.”
A wrap-up of the most prominent business news of the day.
Bibliotheca Alexandrina (BA) Arts Center announced the winners for the 2017-2018 Theater Production grant in a press release on September 13.
The grant will be used to help the Egyptian Electricity Holding Company (EEHC) to apply International Financial Reporting Standards.