Madbouli also issued a decision appointing Tarek Shash, Head of the Central Sector for Planning and International Cooperation in the agency, as the deputy chief executive of the agency.
Gamea' said that facilitating the measures of these services is a basic cornerstone to create an attractive investment environment to implement the plan of the state for sustainable economic development.
Work is underway to outline a statute of an SMEs bill to help achieve Egypt’s development goals, the minister said.
The meeting tackled the company's current and future investments in the Egyptian market.
The minister considered as "good" the amount of funding, taking into account the negative economic impacts that emerged with the outbreak of the coronavirus.
These projects come to present all aspects of support to the projects of the youth and women.
Gamea added in a statement Thursday that $700 million of the funding will go to the energy sector, while $400 million will be for the internal trade.
Gamae pointed out to the importance of making the maximum benefit from the funding programs allocated by the ITFC to Egypt that are worth $1.1 billion and serve the sectors of energy and internal trade.
Providing an appropriate legislative infrastructure to improve the business environment is on the top of the government's priorities, she added.
The Egyptian exports to the countries of the agreement amounted to $1.5 billion in 2019, compared to $1.4 billion in 2018.
0CAIRO, Jan 19 (MENA) - Trade and Industry Minister Nevine Gamae has said her Ministry is keen on boosting cooperation and partnership with all international organizations, particularly the UN Industrial Development Organization (UNIDO), with the aim to i
The meeting took up the potential of transmitting the advanced know-how of the Egyptian industry to the Congolese one.
MSME clarified that this agreement is to finance small and medium enterprises.
This came during a press conference held Wednesday in the headquarters of MSME, in the presence of representatives of KfW Bankengruppe and the European Union.
The ministry will maintain more coordination and communication with the various ministries and bodies concerned to resolve all problems of manufacturers and exporters as soon as possible, she promised.
Neveen Gamea played an effective role in several industrial files, on top of which was financing new industrial parks.
About 62,000 small and micro projects were funded, providing nearly 97,000 jobs during the period from January to March 2019.
The total loans of small and micro enterprises with a total funding of LE39.6 billion, financed 3 million projects and provided about 4.8 million jobs.
Gamea said Saturday creating job opportunities tops the authority's priorities and plans pointing out to the importance of focusing on the micro enterprises.
Plus Leasing will sign 44 contracts with SMEs, expecting to create 220 new job opportunities, Nevine Gamea said.