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Wednesday, 20 October 2021

EBRD likes infrastructure, utilities, SMEs and private-sector competitiveness in Egypt

Infrastructure and utilities are among the EBRD’s priorities in Egypt going forward: The European Bank for Reconstruction and Development (EBRD) is looking to focus its work in Egypt on infrastructure and utilities, supporting the competitiveness of the private sector, and improving access to finance for SMEs, EBRD Vice President for Banking Alain Pilloux told Planning Minister Hala El Said, according to a statement. The bank also wants to support Egypt’s efforts in diversifying its energy sources, Pilloux said.

Cooperation in public transport projects and infrastructure was the topic of conversation in a meeting yesterday between Transport Minister Kamel El Wazir and his Saudi counterpart, Saleh bin Nasser Al Jasser, El Wazir’s ministry said in a statement. The two officials agreed to set up a joint Egyptian-Saudi working group to explore cooperation avenues.

Egypt and Sudan kicked off a joint military training program, “Protector of the South 1,” yesterday at the Mohamed Naguib Military Base in Egypt. The training is expected to run until next Friday, 29 October, according to an Armed Forces statement.

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