{"id":608841,"date":"2023-10-26T00:00:00","date_gmt":"2023-10-26T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/26\/methanex-invests-usd-2-mn-in-youth-employment-program\/"},"modified":"2023-10-26T00:00:00","modified_gmt":"2023-10-26T00:00:00","slug":"methanex-invests-usd-2-mn-in-youth-employment-program","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/26\/methanex-invests-usd-2-mn-in-youth-employment-program\/","title":{"rendered":"Methanex invests USD 2 mn in youth employment program"},"content":{"rendered":"

Methanex invests big in youth employment initiative with UN: <\/strong>Our friends at Methanex Egypt are committing USD 2 mn to the second iteration of the Decent Jobs for Egypt's Young People program \u2014 a joint initiative with the UN\u2019s International Labor Organization (ILO) \u2014 the methanol producer said in a statement (pdf)<\/a> on Monday. The new partnership that will run until 2028 aims to boost youth employment in Damietta by creating 1k jobs, promoting entrepreneurship, and helping young people find work. The program \u201cwill have an increased focus on women in the labor market, the promotion of green jobs, and the inclusion of people with disabilities,\u201d the statement reads. <\/p>\n

Round one:<\/strong> The first iteration of the program, which ran from 2019 through 2023, created 725 new jobs and over 2.3k training opportunities, according to the statement.<\/p>\n

Egrobots takes second place at regional startup awards: <\/strong>Egyptian agritech startup Egrobots<\/a> won second prize in the Middle East and Africa finals of the Orange Social Venture Prize in Africa and the Middle East, a p<\/a>ress release (pdf)<\/a> said. Egrobots utilizes robotics and AI analytics to provide digital solutions for farmers to improve crop productivity, reduce resource consumption, and promote sustainable practices.<\/p>\n","protected":false},"excerpt":{"rendered":"

Methanex invests big in youth employment initiative with UN: Our friends at Methanex Egypt are committing USD 2 mn to the second iteration of the Decent Jobs for Egypt's Young People program \u2014 a joint initiative with the UN\u2019s International Labor Organization (ILO) \u2014 the methanol producer said in a statement (pdf) on Monday. The […]<\/p>\n","protected":false},"author":1,"featured_media":608842,"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":[7230],"tags":[1184,11707,72,249,3451,123],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-608841","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-kudos","tag-agritech","tag-egrobots","tag-enterpriseam","tag-kudos","tag-methanex","tag-startups","wpautop","entry"],"acf":{"mongo_id":"54bd77bf-5300-448e-b449-c89c1233bf86","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/10\/1161.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Methanex invests USD 2 mn in youth employment program","related_issue":[608828],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/10\/.6fdb69fd-7e91-4e24-933a-a463e593db09.mp3"},"yoast_head":"\nMethanex invests USD 2 mn in youth employment program - 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\/10\/26\/methanex-invests-usd-2-mn-in-youth-employment-program\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Methanex invests USD 2 mn in youth employment program\" \/>\n<meta property=\"og:description\" content=\"Methanex invests big in youth employment initiative with UN: Our friends at Methanex Egypt are committing USD 2 mn to the second iteration of the Decent Jobs for Egypt's Young People program \u2014 a joint initiative with the UN\u2019s International Labor Organization (ILO) \u2014 the methanol producer said in a statement (pdf) on Monday. 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Speaking to us this week is Manal El-Jesri, Public Affairs Manager\u2026","rel":"","context":"In "My Morning Routine"","block_context":{"text":"My Morning Routine","link":"https:\/\/enterpriseam.com\/egypt\/my-morning-routine\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/9\/2952.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":555263,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/08\/methanex-egypt-settles-debt-for-damietta-plant\/","url_meta":{"origin":608841,"position":1},"title":"Methanex Egypt settles debt for Damietta plant","author":"enterpriseam admin","date":"8 November 2021","format":false,"excerpt":"Methanex Egypt fully settles USD 530 mn debt ahead of schedule: Canadian-Egyptian methanol producer Methanex has fully repaid a USD 530 mn facility before it was due, according to a company statement (pdf). The company used the facility to partially finance its USD 1 bn investment in its Damietta methanol\u2026","rel":"","context":"In "DEBT WATCH"","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":564345,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/25\/look-out-methanex\/","url_meta":{"origin":608841,"position":2},"title":"Look out Methanex","author":"enterpriseam admin","date":"25 August 2021","format":false,"excerpt":"The Oil Ministry has formed a new state-owned petrochemicals company that will join Methanex in producing methanol in Egypt. A shareholder agreement has been signed establishing Misr Methanol and Petrochemicals, which will manufacture methanol, ammonia, and other petrochemicals, the Oil Ministry announced today in a statement.Around USD 1.6 bn will\u2026","rel":"","context":"In "SPEED ROUND: ENERGY"","block_context":{"text":"SPEED ROUND: ENERGY","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/8\/525.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":596656,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/03\/methanex-egypt-receives-award-for-contributions-to-msme-culture-in-damietta\/","url_meta":{"origin":608841,"position":3},"title":"Methanex Egypt receives award for contributions to MSME culture in Damietta","author":"enterpriseam admin","date":"3 July 2019","format":false,"excerpt":"Methanex Egypt has received the International Council for Small Business (ICSB) Humane Entrepreneurship Award for contributions to micro, small and medium-sized enterprises (MSME) culture in Damietta, the company said in a press release (pdf). 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