Planning Minister Hala El Said signed an MoU with Banque Misr Chairman Mohamed El Etreby and NBE Chairman Hisham Okasha for a EGP 400 mn grant to finance educational and training programs for state bureaucrats, Al Mal reports. The grant will be disbursed over two years and aims to improve the performance and efficiency of the public sector through master’s programs in entrepreneurship in cooperation with Cambridge University and Cairo University’s Economics and Political Science Faculty, in addition to other scholarships. The grant will also fund an expansion of business incubators inside universities.

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