{"id":637886,"date":"2017-11-28T04:01:13","date_gmt":"2017-11-28T04:01:13","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/28\/nasr-ifc-agree-to-cooperate-on-developing-capital-markets-strategy-to-attract-new-foreign-investment\/"},"modified":"2017-11-28T04:01:13","modified_gmt":"2017-11-28T04:01:13","slug":"nasr-ifc-agree-to-cooperate-on-developing-capital-markets-strategy-to-attract-new-foreign-investment","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/28\/nasr-ifc-agree-to-cooperate-on-developing-capital-markets-strategy-to-attract-new-foreign-investment\/","title":{"rendered":"Nasr, IFC agree to cooperate on developing capital markets strategy to attract new foreign investment"},"content":{"rendered":"

Investment Minister Sahar Nasr <\/strong>signed an MoU<\/strong><\/a> with the International Finance <\/strong>Corporation (IFC) yesterday <\/strong>that will see both sides cooperate on the development of a sustainable national strategy to attract more foreign investment to Egypt. The agreement was inked on the sidelines of the first day of the IFC\u2019s two-day roundtable in Cairo<\/a> focused on developing Egypt\u2019s capital markets by strengthening corporate governance. Nasr name-checked projects including a guide for foreign investors, a corporate governance code, and the development of a transparency report. \u201cImproving transparency and regulatory reform is vital to attract more investment into Egypt and spur economic growth,\u201d IFC MENA Regional Director Mouayed Makhlouf said. \u201cWe hope this gathering will help further develop regulatory standards and enforcement practices, as well as technical solutions to allow for better disclosure by companies listed on the Egyptian Exchange<\/strong>.\u201d The event is being co-hosted by Govern, the Rockefeller Brothers Fund, and EGID. The IFC had announced last month<\/a> it was planning to invest USD 1.5 bn in Egypt in FY2018-19, with renewable energy projects topping its priorities.<\/p>\n","protected":false},"excerpt":{"rendered":"

Investment Minister Sahar Nasr signed an MoU with the International Finance Corporation (IFC) yesterday that will see both sides cooperate on the development of a sustainable national strategy to attract more foreign investment to Egypt. The agreement was inked on the sidelines of the first day of the IFC\u2019s two-day roundtable in Cairo focused on […]<\/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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-637886","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"bcd172d3-2c6a-46ef-a5f7-8f64cc69f977","order":"0","is_powered_by":true,"section_story_id":"c4b0c6d5-d08a-421d-afcc-7d466836360b","story_type":"1","photo_url":"","photo_position":"above","related_issue":[637874],"teaser":"","voice_url":""},"yoast_head":"\nNasr, IFC agree to cooperate on developing capital markets strategy to attract new foreign investment - 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\/2017\/11\/28\/nasr-ifc-agree-to-cooperate-on-developing-capital-markets-strategy-to-attract-new-foreign-investment\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nasr, IFC agree to cooperate on developing capital markets strategy to attract new foreign investment\" \/>\n<meta property=\"og:description\" content=\"Investment Minister Sahar Nasr signed an MoU with the International Finance Corporation (IFC) yesterday that will see both sides cooperate on the development of a sustainable national strategy to attract more foreign investment to Egypt. 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