Minister of Trade and Industry Nevin Gamea has said that the volume of US investments in Egypt currently stands at USD 21.8 billion.
Trade Minister Neveen Gamea on Monday affirmed the keenness of her ministry on activating the role of the private sector as a key partner in outlining policies of upgrading the industrial and export sectors.
The plan also aims to encourage owners of new micorbuses to turn their vehicles to gas-powered ones, the Trade and Industry Ministry said.
Financing of small, medium-sized and micro enterprises amounts to LE 2.25 billion ($112 million) January to May 2017.
Ex-head of the Social Fund for Development, Neveen Gamea, was appointed Thursday as the acting executive director o the small- and medium-sized enterprises (SMEs) Association amid complaints it is lagging behind on its tasks