{"id":651553,"date":"2017-02-15T04:06:17","date_gmt":"2017-02-15T04:06:17","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/15\/sahar-nasr-to-head-a-merged-ministry-of-investment-of-international-cooperation\/"},"modified":"2017-02-15T04:06:17","modified_gmt":"2017-02-15T04:06:17","slug":"sahar-nasr-to-head-a-merged-ministry-of-investment-of-international-cooperation","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/15\/sahar-nasr-to-head-a-merged-ministry-of-investment-of-international-cooperation\/","title":{"rendered":"Sahar Nasr to head a merged Ministry of Investment of International Cooperation"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>We have a cabinet; El Garhy and Kabil keep their posts. <\/strong>The House of Representatives has approved a cabinet lineup with eight new faces and one already-serving minister taking on an expanded portfolio. We can confirm (with much relief) that the ministers of finance (including deputies), trade and industry, and electricity will remain in their posts. The biggest surprise from <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1089131\">yesterday\u2019s announcement<\/a> was the <strong>merger of the ministries of International Cooperation and Investment<\/strong> to be headed by <a href=\"http:\/\/www.moic.gov.eg\/Front\/Minister\/MinisterCV.aspx\">Sahar Nasr<\/a>, who until Monday led the international cooperation portfolio. Nasr tells Youm7 that <a href=\"http:\/\/www.youm7.com\/story\/2017\/2\/14\/%D8%B3%D8%AD%D8%B1-%D9%86%D8%B5%D8%B1-%D8%AA%D8%AA%D8%B9%D9%87%D8%AF-%D8%A8%D8%AA%D8%B0%D9%84%D9%8A%D9%84-%D9%83%D9%84-%D8%A7%D9%84%D8%B9%D9%82%D8%A8%D8%A7%D8%AA-%D8%A3%D9%85%D8%A7%D9%85-%D8%A7%D9%84%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1-%D9%84%D8%B2%D9%8A%D8%A7%D8%AF%D8%A9-%D9%85%D9%88%D8%A7%D8%B1%D8%AF\/3102646\">her first order of business<\/a> will be picking up where former Investment Minister Dalia Khorshid left off and completing the much-anticipated Investment Act. Nasr has also picked up the one-stop-shop rhetoric, a policy long defended by Investment Ministry bureaucrats that has earned skepticism from investors, created conflict with other government bodies, and that appears to conflict with other pieces of legislation including the State Lands Act.<\/p>\n<p><strong>Former Investment Minister Dalia Khorshid had confirmed her exit earlier in the day<\/strong> after <a href=\"http:\/\/gate.ahram.org.eg\/News\/1391643.aspx\">issuing a statement thanking her colleagues<\/a> and saying she spared no effort serving her country.<\/p>\n<p>As expected, <strong>the so-called \u2018sovereign ministers\u2019 of defense, foreign affairs, interior and justice have all kept their posts<\/strong>, and Planning Minister Ashraf Al Araby has left cabinet. <strong>New faces at the cabinet table include:<\/strong><\/p>\n<p><a href=\"http:\/\/www.almalnews.com\/Pages\/StoryDetails.aspx?ID=322530\"><strong>Ali El Moselhy<\/strong><\/a><strong> is the new Supply and Domestic Trade Minister<\/strong> replacing Mohamed Ali El Sheikh. El Moselhy was most recently the head of the House Economics Committee and was Social Solidarity Minister and head of Egypt Post during the Mubarak era. In a surprising statement following the announcement of his appointment, <strong>El Moselhy was openly skeptical of the transition to cash subsidies<\/strong>, <a href=\"http:\/\/www.youm7.com\/story\/2017\/2\/14\/%D9%88%D8%B2%D9%8A%D8%B1-%D8%A7%D9%84%D8%AA%D9%85%D9%88%D9%8A%D9%86-%D8%A7%D9%84%D8%AC%D8%AF%D9%8A%D8%AF-%D8%A7%D9%84%D8%AA%D8%AD%D9%88%D9%84-%D9%84%D9%84%D8%AF%D8%B9%D9%85-%D8%A7%D9%84%D9%86%D9%82%D8%AF%D9%89-%D9%83%D9%84%D9%85%D8%A9-%D9%8A%D8%B1%D8%A7%D8%AF-%D8%A8%D9%87%D8%A7-%D8%AE%D9%8A%D8%B1\/3102699\">Youm7<\/a> reports. \u201cIf we couldn\u2019t get supply subsidies to work right, how can we get cash subsidies working,\u201d he said. The transition from commodity to cash subsidies for qualified beneficiaries has been one of the key planks of the Ismail government\u2019s reform program. Word in the press is that outgoing Supply Minister Mohamed Ali El Sheikh is taking the fall for the unpopular move of purging welfare cheats from the subsidy rolls and raising the price of subsidized goods, suggesting that El Moselhy\u2019s remarks may be geared as much for his former colleagues in the House of Representatives as anywhere else. We\u2019ll be keeping a close eye on this issue going forward.<\/p>\n<p><a href=\"http:\/\/www.elwatannews.com\/news\/details\/1881014\"><strong>Abdel Moneim Al Banna<\/strong><\/a><strong> is the new Agriculture and Land Reclamation Minister <\/strong>replacing Essam Fayed. Al Banna was the president of the state\u2019s <a href=\"http:\/\/www.arc.sci.eg\/Default.aspx?lang=ar\">Agriculture Research Center<\/a> and will be assisted by three new deputy ministers: Mohamed El Said (agricultural reclamation), Mona Hassanein (animal resources), and Safwat Hamad (services and follow up).<\/p>\n<p><a href=\"http:\/\/www.asu.edu.eg\/arabic\/staff\/profile.php?action=show&pid=9212\"><strong>Khaled Abdel Ghaffar<\/strong><\/a><strong> is the new Higher Education Minister <\/strong>replacing Ashraf El Shihy. Abdel Ghaffar, a dentist, was the Vice President for Graduate Studies and Research at Ain Shams University.<\/p>\n<p><a href=\"https:\/\/eg.linkedin.com\/in\/tarek-shawki-0059025\"><strong>Tarek Shawki<\/strong><\/a><strong> is the new Education Minister <\/strong>replacing El Helaly El Sherbiny. Shawki, the <a href=\"http:\/\/www.aucegypt.edu\/news\/stories\/shawki-new-secretary-general-presidential-specialized-councils\">former dean of science and engineering at AUC<\/a>, was the secretary-general of the Presidential Specialized Councils, which included four councils established in 2015 to advise the presidency on economic development; foreign policy and national security; community development; and education and scientific research. He <a href=\"http:\/\/www.alborsanews.com\/2017\/02\/14\/976733\/\">previously served<\/a> as director of the UNESCO Regional Bureau for Science in Arab States between 2008-2012. Shawki\u2019s appointment gives us hope that the ministry will now be headed by someone who understands that desperately needed improvements in the quality of public education do not need to come at the expense of populist saber-rattling at international schools.<\/p>\n<p><a href=\"http:\/\/www.alborsanews.com\/2017\/02\/14\/976729\/\"><strong>Hala El Said<\/strong><\/a><strong> is the new Planning Minister<\/strong> replacing Ashraf El Araby. El Said was the dean of the Faculty of Economics and Political Sciences at Cairo University <a href=\"http:\/\/www.alborsanews.com\/2017\/02\/14\/976729\/\">and is the former<\/a> executive director of the Egyptian Banking Institute. Salah Abdel Rahman has been named El Said\u2019s deputy minister for administrative reform.<\/p>\n<p><a href=\"https:\/\/www.fue.edu.eg\/faculty\/StaffInner.Aspx?DId=992&CID=1961&WId=2\"><strong>Hisham Arafat<\/strong><\/a><strong> is the new Transport Minister<\/strong>,replacing Galal Saeed. Arafat, who was the head of the Structural Engineering & Construction Management Department at Future University, tells <a href=\"http:\/\/www.almalnews.com\/Pages\/StoryDetails.aspx?ID=322539\">Al Mal<\/a> that he intends to meet with ministry officials once he\u2019s sworn in to set a new game plan for the sector, with fresh priorities, goals, and strategies.<\/p>\n<p><a href=\"http:\/\/www.youm7.com\/story\/2016\/6\/26\/%D8%A7%D9%84%D8%B3%D9%8A%D8%B1%D8%A9-%D8%A7%D9%84%D8%B0%D8%A7%D8%AA%D9%8A%D8%A9-%D9%84%D9%80-%D8%B9%D9%85%D8%B1-%D9%85%D8%B1%D9%88%D8%A7%D9%86-%D9%85%D8%B3%D8%A7%D8%B9%D8%AF-%D9%88%D8%B2%D9%8A%D8%B1-%D8%A7%D9%84%D8%B9%D8%AF%D9%84-%D9%84%D8%B4%D8%A6%D9%88%D9%86-%D8%A7%D9%84%D8%AE%D8%A8%D8%B1%D8%A7%D8%A1\/2777453\"><strong>Omar Marwan Arafa<\/strong><\/a><strong> is the new Legal and Parliamentary Affairs Minister<\/strong> replacing Magdy El Agaty. Arafa served as the former Assistant Justice Minister on forensics.<\/p>\n<p><a href=\"http:\/\/www.hishamelsherif.com\/biography.htm\"><strong>Hisham El Sherif<\/strong><\/a><strong> is the new State Minister for Local Development<\/strong> replacing Ahmed Zaki Badr. El Sherif was at the time of his appointment the chairman of the Regional Information Technology & Software Engineering Center and founder of the Cabinet Information and Decision Support Centre.<\/p>\n<p><strong>The House of Representatives approved the new cabinet lineup smoothly and <\/strong><a href=\"http:\/\/gate.ahram.org.eg\/News\/1391791.aspx\"><strong>without a roll call vote<\/strong><\/a> with \u201conly 20 to 30 members\u201d (largely from the opposition 25-30 coalition) voting against, an MP told <a href=\"http:\/\/www.alborsanews.com\/2017\/02\/14\/%D9%85%D8%AC%D9%84%D8%B3-%D8%A7%D9%84%D9%86%D9%88%D8%A7%D8%A8-%D9%8A%D9%88%D8%A7%D9%81%D9%82-%D8%B9%D9%84%D9%89-%D8%A7%D9%84%D9%85%D8%B1%D8%B4%D8%AD%D9%8A%D9%86-%D9%84%D8%AA%D9%88%D9%84%D9%89-9-%D8%AD\/\">Al Borsa<\/a>. A member of the Support Egypt Coalition said the pro-government MPs approved the new ministers despite concerns about the performance of the health and education sectors and will carefully evaluate the entire government based on its performance by the end of the fiscal year on 30 June, according to <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=14022017&id=c38c8482-d5a8-46b2-bee9-9289c002da43\">Al Shorouk<\/a>.<\/p>\n<p><strong>The naming of Al Banna as agriculture minister was perhaps the most controversial appointment in a very non-controversial process<\/strong>, with several members of the House rising up in disdain alleging the minister had previously been the subject of corruption allegations. Leading the charge was none other than TMZ\u2019s ambassador to Egypt \u2014 Rep. Moustafa Bakry, who <a href=\"http:\/\/www.almalnews.com\/Pages\/StoryDetails.aspx?ID=322565\">announced<\/a> that it was his mission to inform the public of Al Banna\u2019s past.<\/p>\n<p><strong>To put an end to the avalanche of rumors surrounding the appointments,<\/strong> Prime Minister Sherif Ismail said that 16 of 50 potential candidates had declined positions offered for a \u201cvariety of reasons\u201d ranging from the magnitude of the task they would have taken on to personal obligations, according to <a href=\"http:\/\/gate.ahram.org.eg\/News\/1391820.aspx\">Ahram Gate<\/a>.<\/p>\n<p><strong>What\u2019s next? <\/strong>President Abdel Fattah El Sisi <a href=\"http:\/\/www.youm7.com\/story\/2017\/2\/14\/%D9%88%D8%B2%D9%8A%D8%B1-%D8%A7%D9%84%D8%AA%D9%85%D9%88%D9%8A%D9%86-%D8%A7%D9%84%D8%AC%D8%AF%D9%8A%D8%AF-%D8%A7%D9%84%D8%AA%D8%AD%D9%88%D9%84-%D9%84%D9%84%D8%AF%D8%B9%D9%85-%D8%A7%D9%84%D9%86%D9%82%D8%AF%D9%89-%D9%83%D9%84%D9%85%D8%A9-%D9%8A%D8%B1%D8%A7%D8%AF-%D8%A8%D9%87%D8%A7-%D8%AE%D9%8A%D8%B1\/3102699\">must now sign off on the new government<\/a> and set a time for the swearing-in ceremony, which could come as early as today.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>We have a cabinet; El Garhy and Kabil keep their posts. The House of Representatives has approved a cabinet lineup with eight new faces and one already-serving minister taking on an expanded portfolio. We can confirm (with much relief) that the ministers of finance (including deputies), trade and industry, and electricity will remain in their [&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-651553","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"684054f7-35c7-4a05-98a4-32f12659b3b3","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[651546],"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 to head a merged Ministry of Investment of International Cooperation - 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\/02\/15\/sahar-nasr-to-head-a-merged-ministry-of-investment-of-international-cooperation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sahar Nasr to head a merged Ministry of Investment of International Cooperation\" \/>\n<meta property=\"og:description\" content=\"We have a cabinet; El Garhy and Kabil keep their posts. 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The House of Representatives has approved a cabinet lineup with eight new faces and one already-serving minister taking on an expanded portfolio. 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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":596749,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/07\/egypt-cyprus-sign-mou-to-increase-cooperation-in-engineering-education\/","url_meta":{"origin":651553,"position":3},"title":"Egypt, Cyprus sign MoU to increase cooperation in engineering education","author":"enterpriseam admin","date":"7 July 2019","format":false,"excerpt":"Around 570 Egyptian engineering students will receive technical training by the Cypriot University of Neapolis after Investment and International Cooperation Minister Sahar Nasr signed an MoU with the university on Thursday, the ministry said in a statement (pdf). Nasr discussed expanding the program to include other professions such as commerce,\u2026","rel":"","context":"In &quot;Health + Education&quot;","block_context":{"text":"Health + Education","link":"https:\/\/enterpriseam.com\/egypt\/category\/health-education\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":594598,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/02\/egypt-kuwait-sign-judicial-mou\/","url_meta":{"origin":651553,"position":4},"title":"Egypt, Kuwait sign judicial MoU","author":"enterpriseam admin","date":"2 September 2019","format":false,"excerpt":"Egypt, Kuwait sign judicial MoU: Attorney General Nabil Sadek signed with his Kuwaiti counterpart Dherar Al-Asousi an MoU to ensure \u201cthe exchange of information between both prosecutions, the judicial delegations, and judicial assistance which comes in accordance with diplomatic channels,\" according to Al Rai. The Kuwaiti government recently handed over\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\/2019\/9\/2514.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":596974,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/14\/egypts-investment-minister-discusses-investment-in-london\/","url_meta":{"origin":651553,"position":5},"title":"Egypt\u2019s investment minister discusses investment in London","author":"enterpriseam admin","date":"14 July 2019","format":false,"excerpt":"Nasr talks investment in London: Investment Minister Sahar Nasr discussed encouraging British companies to invest in Egypt, particularly in the transport and education sectors, during a meeting in London with counterpart Graham Stuart, according to a ministry statement. 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