{"id":638670,"date":"2017-10-11T03:54:17","date_gmt":"2017-10-11T03:54:17","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/11\/nasr-signs-eur-320-mn-worth-of-agreements-with-germany\/"},"modified":"2017-10-11T03:54:17","modified_gmt":"2017-10-11T03:54:17","slug":"nasr-signs-eur-320-mn-worth-of-agreements-with-germany","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/11\/nasr-signs-eur-320-mn-worth-of-agreements-with-germany\/","title":{"rendered":"Nasr signs EUR 320 mn-worth of agreements with Germany"},"content":{"rendered":"

Nasr signs EUR 320 mn-worth of agreements with Germany:<\/strong> Investment and International Cooperation Minister Sahar Nasr signed three agreements<\/a> yesterday with Germany\u2019s Economic Cooperation Minister Gerd M\u00fcller worth a total EUR 320 mn. The first agreement allocates EUR 225 mn to supporting economic and social reforms and is part of a broader EUR 450 mn package. EUR 45 mn will go towards projects in education, employment, energy efficiency, and infrastructure. German development bank KfW is providing EUR 50 mn to support SMEs. M\u00fcller also met with President Abdel Fatah El Sisi<\/a> to discuss the G20 initiative for Africa and review different cooperation projects in Egypt.<\/p>\n

Furthermore, it appears that Germany has also allocated USD 250 mn in its 2018 budget as part of a loan agreement to Egypt in 2016<\/strong> to help close the financing gap, a key stipulation to receiving the IMF\u2019s USD 12 bn Extended Fund Facility, German ambassador to Cairo Julius Georg Luy said in a press conference Monday, Ahram Online reports<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Nasr signs EUR 320 mn-worth of agreements with Germany: Investment and International Cooperation Minister Sahar Nasr signed three agreements yesterday with Germany\u2019s Economic Cooperation Minister Gerd M\u00fcller worth a total EUR 320 mn. The first agreement allocates EUR 225 mn to supporting economic and social reforms and is part of a broader EUR 450 mn […]<\/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-638670","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"7053d85b-5f9c-4772-b8eb-f5bc76851330","order":"0","is_powered_by":true,"section_story_id":"c4293de0-00b4-43d6-a7da-51e4eff7f54d","story_type":"1","photo_url":"","photo_position":"above","related_issue":[638654],"teaser":"","voice_url":""},"yoast_head":"\nNasr signs EUR 320 mn-worth of agreements with Germany - 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\/10\/11\/nasr-signs-eur-320-mn-worth-of-agreements-with-germany\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nasr signs EUR 320 mn-worth of agreements with Germany\" \/>\n<meta property=\"og:description\" content=\"Nasr signs EUR 320 mn-worth of agreements with Germany: Investment and International Cooperation Minister Sahar Nasr signed three agreements yesterday with Germany\u2019s Economic Cooperation Minister Gerd M\u00fcller worth a total EUR 320 mn. 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The agreements include a EUR 23.4 mn funding and technical assistance package for German development agency GIZ to implement education\u2026","rel":"","context":"In "Speed Round"","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":641177,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/14\/egypt-signs-agreements-worth-eur-400-mn-with-eib\/","url_meta":{"origin":638670,"position":2},"title":"Egypt signs agreements worth EUR 400 mn with EIB","author":"enterpriseam admin","date":"14 September 2017","format":false,"excerpt":"Egypt signs agreements worth EUR 400 mn with EIB: Egypt signed a number of agreements with the European Investment Bank (EIB) yesterday that will see the lender contribute close to EUR 400 mn to wastewater and sanitation projects, according to a statement from the Investment and International Cooperation Ministry. Minister\u2026","rel":"","context":"In "Speed Round"","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":564237,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/18\/germany-has-eur-151-mn-for-development-in-egypt\/","url_meta":{"origin":638670,"position":3},"title":"Germany has EUR 151 mn for development in Egypt","author":"enterpriseam admin","date":"18 August 2021","format":false,"excerpt":"Egypt will receive EUR 151 mn in grant money from Germany to support development projects, the International Cooperation Ministry said in a statement this afternoon. 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