Investment Min. Hails President's Initiative on Human CapitalSource: www.export-egypt.com 10/13/2018, Location: Africa |
|
|
|
|
|
Minister of Investment Sahar Nasr hailed an initiative launched by President Abdel Fattah El Sisi to invest in human capital, asserting it will make a quantum leap in Egypt.
She made the remarks during her participation in a meeting on investment in the human capital on the sidelines of the annual meetings of the World Bank and the IMF in Indonesia's city of Bali. The initiative, to be carried out in collaboration with the private sector, aims at developing youth skills and keeping them abreast of the labor market's needs, Nasr said. It is also meant to upgrade education and health care sectors, in addition to social protection networks, she added. The event was chaired by World Bank President Jim Yong Kim and attended by a number of the bank officials, including African states' delegates in the bank, as well as representatives of the private sector, notably Chinese billionaire Jack Ma. During the meeting, Nasr clarified that the government is working on implementing the political leadership' directives on increasing financial allocations for the health and education sectors and programs for youth training and qualification. In this regard, she called on international finance institutions to provide more support for Egypt with a view to promoting human capital investment. For his part, the World Bank president commended accomplishments that Egypt made in the human capital field, lauding President Sisi's initiative on this score and Egypt's keenness to secure the necessary funding to back the health and education areas, as well as youth initiatives. The World Bank had contributed to about one billion dollars to shore up the health and education sectors in the country, Jim Yong Kim said. In her talks with Jack Ma, the founder of the e-commerce giant Alibaba, the investment minister called on the Chinese tycoon to take part in the Africa Forum 2018, which will run from December 8 to 9 in the Red Sea resort city of Sharm El Shiekh. The forum is organized under the auspices of President Abdel Fattah El Sisi. |
|
|
Financials and Investment News in Egypt >> |
 |
|||||
|
Egypt >> 11/21/2024 - An International Monetary Fund (IMF) mission led by Ivanna Vladkova Hollar wrapped up in-person discussions with Egyptian authorities in Cairo regardi...
|
Egypt >> 11/21/2024 - The Engineering Export Council of Egypt (EEC) revealed that engineering industry exports increased by 25.6 percent from January to September, reaching...
|
|
Egypt >> 11/20/2024 - Prime Minister Dr. Mostafa Madbouly held a meeting this morning at the government headquarters in the New Administrative Capital with Mr. Chang Won Sa...
|
Egypt >> 11/20/2024 - Egyptian Prime Minister Moustafa Madbouly, with Mahmoud Esmat, Minister of Electricity and Renewable Energy Minister, and Sultan Al Jaber, UAE Ministe...
|
|
Egypt >> 11/20/2024 - Egypt and Australia have seen a significant surge in their bilateral trade relationship, with the trade volume increasing from $270 million in 2015 to...
|
Egypt >> 11/20/2024 - Egyptian Prime Minister Moustafa Madbouli chaired the Cabinet’s weekly meeting in the New Administrative Capital.
The Cabinet is set to add... |
| Egypt Oil & Gas 1 >> 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | 62 | 63 | 64 | 65 | 66 | 67 | 68 | 69 | 70 | 71 | 72 | 73 | 74 | 75 | 76 | 77 | 78 | 79 | 80 | 81 | 82 | 83 | 84 | 85 | 86 | 87 | 88 | 89 | 90 | |
