{"id":579288,"date":"2023-02-01T04:15:29","date_gmt":"2023-02-01T04:15:29","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/01\/house-approves-usd-47-mn-grant-from-the-us-for-small-scale-farmers\/"},"modified":"2023-02-01T04:15:29","modified_gmt":"2023-02-01T04:15:29","slug":"house-approves-usd-47-mn-grant-from-the-us-for-small-scale-farmers","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/01\/house-approves-usd-47-mn-grant-from-the-us-for-small-scale-farmers\/","title":{"rendered":"House approves USD 47 mn grant from the US for small-scale farmers"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>The House of Representatives yesterday approved three foreign financing <\/strong><strong>agreements to fund rural development, irrigation, and rail infrastructure. <\/strong>It also gave its final nod to some articles of a draft tourism bill it passed in principle <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b870d239-c420-4807-b537-67426b4d6982\">earlier this week<\/a>. The House has now adjourned and will reconvene on Sunday, 12 February.<\/p>\n<p><strong>The financing agreements approved by the House:<\/strong><\/p>\n<ul>\n<li><strong>A USD 47 mn grant from the US to help smallholder farmers up productivity<\/strong> using new agricultural techniques. US Secretary of State Antony Blinken <a href=\"https:\/\/www.state.gov\/secretary-antony-j-blinken-and-egyptian-foreign-minister-sameh-shoukry-at-a-joint-press-availability\/\">mentioned<\/a> the extra <a href=\"https:\/\/eg.usembassy.gov\/u-s-government-pledges-50-million-to-support-egypts-food-security\/\">USD 50 mn<\/a> the US is sending us for food security in the wake of the Russia-Ukraine war when he visited Cairo earlier this week.<\/li>\n<li><strong>An EUR 51.5 mn loan from the Export-Import Bank of South Korea (KEXIM)<\/strong> that will fund part of the project to upgrade the 224-km railway line linking Luxor and Aswan. The loan will be repaid over 40 years at a 1.7% interest rate with a five-year grace period.<\/li>\n<li><strong>An EUR 2.2 mn grant from Italy to train Irrigation Ministry technicians <\/strong>in water-saving techniques and provide them with modern irrigation tech.<\/li>\n<\/ul>\n<p><strong>AND- The House gave its final nod to around one-third of the articles in a draft tourism bill <\/strong>that it approved in principle <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b870d239-c420-4807-b537-67426b4d6982\">earlier this week<\/a>. The bill would strip the power to form and regulate tourism chambers from the Tourism Minister and place it instead in the hands of the Egyptian Tourism Federation (ETF). It also aims to make tourism chambers more democratic and independent and reinforce their role in promoting the industry.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The House of Representatives yesterday approved three foreign financing agreements to fund rural development, irrigation, and rail infrastructure. It also gave its final nod to some articles of a draft tourism bill it passed in principle earlier this week. The House has now adjourned and will reconvene on Sunday, 12 February. The financing agreements approved [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":579289,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7344],"tags":[97,101,6573,6552,72,7111,187,238],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-579288","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legislation-watch","tag-agriculture","tag-development-finance","tag-egypt-south-korea-relations","tag-egypt-us-relations","tag-enterpriseam","tag-infrastructure","tag-legislation-watch","tag-tourism","wpautop","entry"],"acf":{"mongo_id":"af0a9e83-8a73-4bfc-9ddf-74e624d94409","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/2\/8.jpg","photo_position":"above","related_issue":[579273],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>House approves USD 47 mn grant from the US for small-scale farmers - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/01\/house-approves-usd-47-mn-grant-from-the-us-for-small-scale-farmers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"House approves USD 47 mn grant from the US for small-scale farmers\" \/>\n<meta property=\"og:description\" content=\"The House of Representatives yesterday approved three foreign financing agreements to fund rural development, irrigation, and rail infrastructure. It also gave its final nod to some articles of a draft tourism bill it passed in principle earlier this week. The House has now adjourned and will reconvene on Sunday, 12 February. The financing agreements approved [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/01\/house-approves-usd-47-mn-grant-from-the-us-for-small-scale-farmers\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2023-02-01T04:15:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2023\/2\/8.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/01\/house-approves-usd-47-mn-grant-from-the-us-for-small-scale-farmers\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/01\/house-approves-usd-47-mn-grant-from-the-us-for-small-scale-farmers\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"House approves USD 47 mn grant from the US for small-scale farmers\",\"datePublished\":\"2023-02-01T04:15:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/01\/house-approves-usd-47-mn-grant-from-the-us-for-small-scale-farmers\/\"},\"wordCount\":258,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/01\/house-approves-usd-47-mn-grant-from-the-us-for-small-scale-farmers\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/2\/8.jpg?fit=%2C&ssl=1\",\"keywords\":[\"agriculture\",\"development finance\",\"Egypt-South Korea relations\",\"Egypt-US relations\",\"EnterpriseAM\",\"infrastructure\",\"Legislation Watch\",\"tourism\"],\"articleSection\":[\"LEGISLATION WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/01\/house-approves-usd-47-mn-grant-from-the-us-for-small-scale-farmers\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/01\/house-approves-usd-47-mn-grant-from-the-us-for-small-scale-farmers\/\",\"name\":\"House approves USD 47 mn grant from the US for small-scale farmers - 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The pipeline will be used to bring in natgas for re-export to Europe,\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":617337,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/03\/20\/house-approves-usaid-grants-oil-licenses\/","url_meta":{"origin":579288,"position":1},"title":"House approves USAID grants, oil licenses","author":"enterpriseam admin","date":"20 March 2024","format":false,"excerpt":"The House and the Senate will break as they prepare for El Sisi\u2019s swearing-in ceremony in April","rel":"","context":"In &quot;LEGISLATION WATCH&quot;","block_context":{"text":"LEGISLATION WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/legislation-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1741.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":559969,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/10\/a-busy-day-in-the-house\/","url_meta":{"origin":579288,"position":2},"title":"A busy day in the House","author":"enterpriseam admin","date":"10 February 2021","format":false,"excerpt":"The House of Representatives was busy yesterday pushing through new bills, granting final and committee-level nods to others and signing off on tweaks to some existing laws. Among the acts that made it through parliament:Customs incentives for EV + clean energy firms: A change to customs rules that make it\u2026","rel":"","context":"In &quot;LEGISLATION WATCH&quot;","block_context":{"text":"LEGISLATION WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/legislation-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/2\/170.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":578873,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/17\/the-house-greenlights-a-batch-of-development-loans-grants-a-bill-allowing-fresh-oil-exploration-in-north-sinai\/","url_meta":{"origin":579288,"position":3},"title":"The House greenlights a batch of development loans, grants + a bill allowing fresh oil exploration in North Sinai","author":"enterpriseam admin","date":"17 January 2023","format":false,"excerpt":"The House of Representatives approved a set of development loans and grants yesterday in food security, infrastructure, education, and healthcare. A USD 271 mn loan from the African Development Bank to boost food security and resilience this fiscal year in the wake of supply shocks brought on by the Russia-Ukraine\u2026","rel":"","context":"In &quot;LEGISLATION WATCH&quot;","block_context":{"text":"LEGISLATION WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/legislation-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/275.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":572077,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/10\/egypts-parliament-approves-intl-grants-to-develop-investment-transport-sanitation\/","url_meta":{"origin":579288,"position":4},"title":"Egypt\u2019s parliament approves int\u2019l grants to develop investment, transport, sanitation","author":"enterpriseam admin","date":"10 June 2020","format":false,"excerpt":"House approves EUR 122.7 mn in financing from EIB for transport, sanitation: The House of Representatives\u2019 general assembly approved yesterday three financing agreements Egypt signed in February with the European Investment Bank to fund sanitation and transport infrastructure projects, according to an International Cooperation Ministry statement. Parliament also rubber-stamped a\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":573801,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/18\/house-of-representatives-signs-off-on-law-restructuring-egyptian-endowments-authority-covid-19-financing-packages\/","url_meta":{"origin":579288,"position":5},"title":"House of Representatives signs off on law restructuring Egyptian Endowments Authority; covid-19 financing packages","author":"enterpriseam admin","date":"18 August 2020","format":false,"excerpt":"Draft law to restructure the Egyptian Endowments Authority gets preliminary sign-off: The House general assembly yesterday approved in principle a proposed law to restructure the Religious Endowments Authority to bring it under the Religious Endowments (Awqaf) Ministry\u2019s umbrella, and grant the authority the right to manage and invest endowment funds.\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/579288","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=579288"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/579288\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/579273"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/579289"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=579288"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=579288"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=579288"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=579288"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=579288"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}