TMF’s Executive Committee Approves the 2nd Tranche Transfer of EGP 25 Million to Support North Sinai Relief Fund

January 2018

The committee decided to hold a day for TMF in Al-Asmarat … TMF’s donations have reached EGP 7.4 billion. Tahya Misr Fund’s (TMF) Executive Committee meeting was held in presence of the Minister of Investment and International Cooperation and Head of the Executive Committee Dr. Sahar Nasr and TMF’s Secretary Maj. Gen. Mohammed Amin Ebrahim as well as several members of the Executive Committee members featuring Dr. Ali Gomaa, Eng. Mohammed Al-Amin, Eng. Naguib Sawiris, Mr. Tamer Abdul-Fattah, Mrs. Riham Abu-Ismael. The committee gave an overview of TMF’s overall donations

Agreement between MIIC and EBRD worth USD 200 Million

December 2017

Dr. Nasr: “The project will invest in energy and raise its efficiency … EBRD’s investments in Egypt have reached EUR 2.7 billion.” Eric Rasmussen: “EBRD is committed to supporting Egypt to achieve sustainable development and will contribute to installing gas measurement systems”. On Wednesday 27 December 2017, the Minister of Investment and International Cooperation Dr. Sahar Nasr signed an agreement worth USD 200 million with Director of Natural Resources at the European Bank for Reconstruction and Development (EBRD) Mr. Eric Rasmussen to support EGAS’ energy efficiency

Construction Works of Qalyubia Investment Zone Inspected by Dr. Nasr

December 2017

Dr. Nasr: "Since the establishment of Tahya Misr Fund, the President has been keen on improving standards of living nationwide and empowering youth economically through providing them with job opportunities". On 25 December 2017, the Minister of Investment and International Cooperation Dr. Sahar Nasr inspected construction works of the investment zone at Ezbet Naguib area, Al-Qalyubia governorate, in presence of Governor of Al-Qalyubia Maj. Gen. Mahmoud Ashmawy and GAFI's Vice-CEO Chancellor Mohammed Abdul-Wahab as well as several leaders from the Armed Forces Engineering Authority (AFEA).

The Lead Evaluation Officer at (IFAD) Commends MIIC

December 2017

“I commend MIIC for this extraordinary initiative, the first and only evaluation of this kind I have seen, and the degree of independence and rigour exhibited throughout the process”. “The Minister of Investment and International Cooperation chaired the workshop (which emphasized) the Government’s … full ownership (in managing and sharing) the evaluation findings with a wider range of stakeholders”. Dr. Joanna Pennarz, Lead Evaluation Officer of the Independent Office of Evaluation (IOE), at the International Fund for Agricultural Development (IFAD), sent a letter of appr