{"id":623075,"date":"2018-10-21T04:11:13","date_gmt":"2018-10-21T04:11:13","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/21\/egypt-and-the-eu-sign-eur-135-mn-in-sme-financing-migration-agreements\/"},"modified":"2018-10-21T04:11:13","modified_gmt":"2018-10-21T04:11:13","slug":"egypt-and-the-eu-sign-eur-135-mn-in-sme-financing-migration-agreements","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/21\/egypt-and-the-eu-sign-eur-135-mn-in-sme-financing-migration-agreements\/","title":{"rendered":"Egypt and the EU sign EUR 135 mn in SME financing, migration agreements"},"content":{"rendered":"

Egypt and the EU sign EUR 135 mn in SME financing, migration agreements:<\/strong> Investment and International Cooperation Minister Sahar Nasr signed EUR 135 mn in funding agreements with Director-General for EU Neighborhood Policy and Enlargement Negotiations Christian Danielsson on Thursday, a ministry statement said<\/a>. The agreement will see the EU provide EUR 75 mn for SMEs venture capital funding, and EUR 60 mn aimed at curbing illegal immigration in Egypt. The latter is funded by the European Emergency Fund for Africa, including contributions from Germany and the International Organisation for Planning, said Nasr.<\/p>\n

Funding comes amid EU summit on migration:<\/strong> The funding highlights Egypt\u2019s growing importance to the EU as a partner to help curb illegal migration from Africa and ME to Europe just as a new European Council meeting got underway on Thursday to discuss the issue. Egypt\u2019s emerging role \u2014 championed by European Council President<\/a> Donald Tusk and Austrian Chancellor Sebastian Kurz \u2014 could see the country\u2019s coast guard patrol the waters off Libya and take any rescued people back to Africa, says the AP<\/a>. The policy could be expanded<\/a> to other African nations.<\/p>\n","protected":false},"excerpt":{"rendered":"

Egypt and the EU sign EUR 135 mn in SME financing, migration agreements: Investment and International Cooperation Minister Sahar Nasr signed EUR 135 mn in funding agreements with Director-General for EU Neighborhood Policy and Enlargement Negotiations Christian Danielsson on Thursday, a ministry statement said. The agreement will see the EU provide EUR 75 mn for […]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[9285],"tags":[2398,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-623075","post","type-post","status-publish","format-standard","hentry","category-diplomacy-foreign-trade","tag-diplomacy-foreign-trade","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"0e666ead-d972-40a5-a64c-533eb298544c","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[623052],"teaser":"","voice_url":""},"yoast_head":"\nEgypt and the EU sign EUR 135 mn in SME financing, migration agreements - 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\/2018\/10\/21\/egypt-and-the-eu-sign-eur-135-mn-in-sme-financing-migration-agreements\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt and the EU sign EUR 135 mn in SME financing, migration agreements\" \/>\n<meta property=\"og:description\" content=\"Egypt and the EU sign EUR 135 mn in SME financing, migration agreements: Investment and International Cooperation Minister Sahar Nasr signed EUR 135 mn in funding agreements with Director-General for EU Neighborhood Policy and Enlargement Negotiations Christian Danielsson on Thursday, a ministry statement said. 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EIB had previously\u2026","rel":"","context":"In "Diplomacy + Foreign Trade"","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":597557,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/30\/sme-development-authority-to-sign-eur-26-mn-eu-grant-next-month\/","url_meta":{"origin":623075,"position":2},"title":"SME Development Authority to sign EUR 26 mn EU grant next month","author":"enterpriseam admin","date":"30 July 2019","format":false,"excerpt":"The SME Development Authority will sign next month a EUR 27 mn grant agreement with the European Union to promote employment in 11 governorates susceptible to illegal immigration, said the authority\u2019s head of human and social development sector Medhat Massoud, according to Masrawy. 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Under the agreements, the AFD will provide EUR 50 mn to financing SMEs run by women, EUR 8 mn to the development of the Alexandria\u2026","rel":"","context":"In "Diplomacy + Foreign Trade"","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":621670,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/14\/sme-development-authority-in-talks-with-eu-and-eib-for-eur-87-mn-in-funding\/","url_meta":{"origin":623075,"position":5},"title":"SME Development Authority in talks with EU and EIB for EUR 87 mn in funding","author":"enterpriseam admin","date":"14 November 2018","format":false,"excerpt":"The SME Development Authority is in talks with the EU and the European Investment Bank (EIB) for a combined EUR 87 mn in loans to finance projects, Amwal Al Ghad reports. 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