{"id":642532,"date":"2017-08-16T04:03:13","date_gmt":"2017-08-16T04:03:13","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/16\/sahar-nasr-meets-with-ebrd-in-london-tells-cnbc-economic-reforms-are-paying-off\/"},"modified":"2017-08-16T04:03:13","modified_gmt":"2017-08-16T04:03:13","slug":"sahar-nasr-meets-with-ebrd-in-london-tells-cnbc-economic-reforms-are-paying-off","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/16\/sahar-nasr-meets-with-ebrd-in-london-tells-cnbc-economic-reforms-are-paying-off\/","title":{"rendered":"Sahar Nasr meets with EBRD in London, tells CNBC economic reforms are paying off"},"content":{"rendered":"<p><strong>Nasr talks future cooperation with EBRD officials in London: <\/strong>Investment Minister Sahar Nasr met top officials at the European Bank for Reconstruction and Development in London on Tuesday, according to <a href=\"http:\/\/www.miic.gov.eg\/Front\/Media\/NewsDetail.aspx?MedId=8315\">a statement on the ministry's website<\/a>. Discussions centered around <strong>potential cooperation on upcoming projects, such as Kitchener drainage project in Kafr Sheikh<\/strong>. EBRD currently finances projects in Egypt worth roughly EUR 2.6 bn in the fields of energy, transport, and SMEs, the statement says. Egypt will be hosting an investment forum with EBRD in November that \u201cwould give an overview of investment opportunities and the new Investment Law and its executive regulations.\u201d Nasr also invited the EBRD officials to attend the Africa forum in Sharm El Sheikh this December.<\/p>\n<p><strong>\u201cThe economic reform program is taking off and we can see that in a lot of the <\/strong><strong>indicators,\u201d<\/strong> Nasr told CNBC in an interview yesterday (<a href=\"https:\/\/www.cnbc.com\/video\/2017\/08\/15\/foreign-direct-investment-up-in-egypt-minister.html\">watch, runtime 2:44<\/a>). She said that the combination of fiscal, legislative, and structural reform measures \u2014 such as the EGP float, the Investment and Companies Acts, the slashing of red tape, and ongoing infrastructure development \u2014 have helped improve the business climate, which has in turn encouraged investors to return. \u201cIf we look at numbers, already foreign direct investment is picking up. We\u2019ve reached USD 8.7 bn, which is a 26% increase,\u201d the minister said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nasr talks future cooperation with EBRD officials in London: Investment Minister Sahar Nasr met top officials at the European Bank for Reconstruction and Development in London on Tuesday, according to a statement on the ministry's website. Discussions centered around potential cooperation on upcoming projects, such as Kitchener drainage project in Kafr Sheikh. EBRD currently finances [&hellip;]<\/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-642532","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"8406162c-ea06-4d3a-8848-ea497ed82b8f","order":"0","is_powered_by":true,"section_story_id":"a402ac62-0799-4db6-95c4-5e6a166a893f","story_type":"1","photo_url":"","photo_position":"above","related_issue":[642521],"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>Sahar Nasr meets with EBRD in London, tells CNBC economic reforms are paying off - 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\/08\/16\/sahar-nasr-meets-with-ebrd-in-london-tells-cnbc-economic-reforms-are-paying-off\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sahar Nasr meets with EBRD in London, tells CNBC economic reforms are paying off\" \/>\n<meta property=\"og:description\" content=\"Nasr talks future cooperation with EBRD officials in London: Investment Minister Sahar Nasr met top officials at the European Bank for Reconstruction and Development in London on Tuesday, according to a statement on the ministry&#039;s website. Discussions centered around potential cooperation on upcoming projects, such as Kitchener drainage project in Kafr Sheikh. 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