{"id":626619,"date":"2018-07-08T04:11:32","date_gmt":"2018-07-08T04:11:32","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/08\/reforms-are-repositioning-egypt-as-a-global-investment-destination-says-sahar-nasr\/"},"modified":"2018-07-08T04:11:32","modified_gmt":"2018-07-08T04:11:32","slug":"reforms-are-repositioning-egypt-as-a-global-investment-destination-says-sahar-nasr","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/08\/reforms-are-repositioning-egypt-as-a-global-investment-destination-says-sahar-nasr\/","title":{"rendered":"Reforms are repositioning Egypt as a global investment destination, says Sahar Nasr"},"content":{"rendered":"<p><strong>Reforms are repositioning Egypt as a global investment destination, says Sahar Nasr:<\/strong> Egypt is repositioning itself \u201cas a global investment destination\u201d through its ongoing reform program, including \u201ccomprehensive improvements\u201d to the country\u2019s business climate, Investment and International Cooperation Minister Sahar Nasr said in an <u><a href=\"https:\/\/www.cnbc.com\/2018\/07\/05\/egypt-re-positions-itself-as-a-global-investment-destination-amid-re.html\">interview with CNBC<\/a><\/u>. Nasr highlighted efforts to cut red tape and bureaucracy to bump up FDI, including new legislation such as the Investment Act, the Bankruptcy Act, and the Companies Act.<\/p>\n<p><strong>International institution have noticed we\u2019re on the right track, <\/strong>according to Nasr. She took note of several encouraging economic indicators, including <u><a href=\"https:\/\/enterprise.press\/stories\/2018\/05\/16\/unemployment-rate-drops-to-10-6-in-1q2018-from-11-3-a-year-before\/\">unemployment dropping to 10.6%<\/a><\/u> in 1Q2018, GDP growth crossing the 5% threshold, and Egypt\u2019s balance of payments <u><a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/01\/egypt-account-deficit-narrows-64-to-usd-3-4-bn-in-1h2017-18\/\">recording a surplus<\/a><\/u>. <strong>We still have a long way to go<\/strong>, Nasr acknowledged, admitting that improving private sector participation in the country\u2019s economic landscape is \u201ca work in progress.\u201d<\/p>\n<p><strong>You can watch the minister\u2019s full appearance<\/strong> <u><a href=\"https:\/\/www.cnbc.com\/video\/2018\/07\/05\/investment-minister-were-repositioning-egypt-as-a-global-investment-destination.html\">here (runtime: 5:19)<\/a><\/u>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reforms are repositioning Egypt as a global investment destination, says Sahar Nasr: Egypt is repositioning itself \u201cas a global investment destination\u201d through its ongoing reform program, including \u201ccomprehensive improvements\u201d to the country\u2019s business climate, Investment and International Cooperation Minister Sahar Nasr said in an interview with CNBC. Nasr highlighted efforts to cut red tape and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":626620,"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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-626619","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"31016e1c-e443-4648-ab53-464d31ff81f4","order":"0","is_powered_by":true,"section_story_id":"1d121b27-bbb2-4d90-a810-4b7dbdf5bccc","story_type":"1","photo_url":"https:\/\/ent.news\/2018\/7\/32.jpg","photo_position":"above","related_issue":[626606],"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>Reforms are repositioning Egypt as a global investment destination, says Sahar Nasr - 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\/07\/08\/reforms-are-repositioning-egypt-as-a-global-investment-destination-says-sahar-nasr\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Reforms are repositioning Egypt as a global investment destination, says Sahar Nasr\" \/>\n<meta property=\"og:description\" content=\"Reforms are repositioning Egypt as a global investment destination, says Sahar Nasr: Egypt is repositioning itself \u201cas a global investment destination\u201d through its ongoing reform program, including \u201ccomprehensive improvements\u201d to the country\u2019s business climate, Investment and International Cooperation Minister Sahar Nasr said in an interview with CNBC. Nasr highlighted efforts to cut red tape and [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/08\/reforms-are-repositioning-egypt-as-a-global-investment-destination-says-sahar-nasr\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-07-08T04:11:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2018\/7\/32.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\/2018\/07\/08\/reforms-are-repositioning-egypt-as-a-global-investment-destination-says-sahar-nasr\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/08\/reforms-are-repositioning-egypt-as-a-global-investment-destination-says-sahar-nasr\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Reforms are repositioning Egypt as a global investment destination, says Sahar Nasr\",\"datePublished\":\"2018-07-08T04:11:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/08\/reforms-are-repositioning-egypt-as-a-global-investment-destination-says-sahar-nasr\/\"},\"wordCount\":166,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/08\/reforms-are-repositioning-egypt-as-a-global-investment-destination-says-sahar-nasr\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2018\/7\/32.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/08\/reforms-are-repositioning-egypt-as-a-global-investment-destination-says-sahar-nasr\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/08\/reforms-are-repositioning-egypt-as-a-global-investment-destination-says-sahar-nasr\/\",\"name\":\"Reforms are repositioning Egypt as a global investment destination, says Sahar Nasr - 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Uber had committed to investing USD 100 mn over five years following the launch\u2026","rel":"","context":"In &quot;Automotive + Transportation&quot;","block_context":{"text":"Automotive + Transportation","link":"https:\/\/enterpriseam.com\/egypt\/category\/automotive-transportation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":594876,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/10\/madbouly-nasr-talk-egypts-economic-reforms-with-ebrd-delegation\/","url_meta":{"origin":626619,"position":1},"title":"Madbouly, Nasr talk Egypt\u2019s economic reforms with EBRD delegation","author":"enterpriseam admin","date":"10 September 2019","format":false,"excerpt":"Madbouly, Nasr talk Egypt\u2019s economic reforms with EBRD delegation: Prime Minister Moustafa Madbouly and Investment and International Cooperation Minister Sahar Nasr met yesterday with a delegation from the European Bank for Reconstruction and Development (EBRD), which is in town for an economic fact-finding mission, according to a Cabinet statement. The\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":591238,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/01\/nasr-maait-drum-up-british-investments-in-egypt-during-uk-doorknock-mission\/","url_meta":{"origin":626619,"position":2},"title":"Nasr, Maait drum up British investments in Egypt during UK doorknock mission","author":"enterpriseam admin","date":"1 December 2019","format":false,"excerpt":"Nasr, Maait drum up British investments in Egypt during UK doorknock mission: Investment Minister Sahar Nasr and Finance Minister Mohamed Maait called on British companies to ramp up their investments in Egypt during the UK doorknock mission in London last Friday. The mission, which was organized by the British Egyptian\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":591518,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/09\/adeptio-calls-on-investment-minister-to-intervene-in-americana-egypt-dispute\/","url_meta":{"origin":626619,"position":3},"title":"Adeptio calls on investment minister to intervene in Americana Egypt dispute","author":"enterpriseam admin","date":"9 December 2019","format":false,"excerpt":"M&A WATCH- Adeptio wants Sahar Nasr to intervene in Americana dispute: Adeptio has appealed to Investment Minister Sahar Nasr to intervene in its ongoing dispute with the Egyptian International Tourism Projects Company\u2019s (Americana Egypt) minority shareholders, Al Mal reports. The Gulf-based investment consortium wants Nasr to overturn the Financial Regulatory\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":597223,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/18\/kamel-el-wazir-sahar-nasr-talk-transport-investments-with-ebrds-heckman\/","url_meta":{"origin":626619,"position":4},"title":"Kamel El Wazir, Sahar Nasr talk transport investments with EBRD\u2019s Heckman","author":"enterpriseam admin","date":"18 July 2019","format":false,"excerpt":"Transport Minister Kamel El Wazir and Investment Minister Sahar Nasr met yesterday with the European Bank for Reconstruction and Development\u2019s managing director for the southern and eastern Mediterranean, Janet Heckman, to follow up on railway projects the bank is financing, according to a Transport Ministry statement.","rel":"","context":"In &quot;Automotive + Transportation&quot;","block_context":{"text":"Automotive + Transportation","link":"https:\/\/enterpriseam.com\/egypt\/category\/automotive-transportation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":599238,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/23\/nasr-talks-us-africa-trade-and-investment-with-us-officials-in-mozambique\/","url_meta":{"origin":626619,"position":5},"title":"Nasr talks US-Africa trade and investment with US officials in Mozambique","author":"enterpriseam admin","date":"23 June 2019","format":false,"excerpt":"Nasr talks US-Africa trade, investment with US officials in Mozambique: Investment and International Cooperation Minister Sahar Nasr met with US Deputy Secretary of Commerce Karen Dunn Kelley last week to discuss working on infrastructure projects in Africa and US support of development financing tools, according to a ministry statement (pdf).\u2026","rel":"","context":"In &quot;Diplomacy + Foreign Trade&quot;","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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/626619","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=626619"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/626619\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/626606"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/626620"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=626619"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=626619"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=626619"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=626619"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=626619"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}