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Ministry Of Investment And International Cooperation
The Ministry of Investment and International Cooperation is the ministry in charge of economic cooperation and development between the Arab Republic of Egypt and the Arab States, foreign countries, and international and regional organizations. It also aids in economic and social development within Egypt. Its headquarters are located in Cairo. Profile The Ministry of International Cooperation was merged with the Ministry of Investment in September 2017. It is active in developing financial inclusion policy and is a member of the Alliance for Financial Inclusion. In late 2016, the ministry talked of receiving 120 million euros from the European Union for services to help the economically disadvantaged, for example, to expand the number of children receiving school meals, to aid families running small businesses, and to assist youth with employment skills. Milestones On 2 August 2017, the Minister, Sahar Nasar, reported that foreign investment in Egypt would exceed $10 Billion (US do ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Politics Of Egypt
The politics of Egypt are based on republicanism, with a semi-presidential system of government. The current political system was established following the 2013 Egyptian military coup d'état, and the takeover of President Abdel Fattah el-Sisi. In the current system, the President is elected for a six-year term. He can appoint up to 5 percent of the parliament. Furthermore, the President has the power to dissolve Parliament through Article 137. The Parliament of Egypt is the oldest legislative chamber in Africa and the Middle East. The unicameral Parliament has the ability to impeach the President through Article 161. With 2020 elections to the new Senate, the chamber became bicameral. Presidency The position was created after the Egyptian Revolution of 1952; Mohammed Naguib was the first to hold the position. Before 2005, the Parliament chose a candidate for the presidency and the people voted, in a referendum, whether or not they approved the proposed candidate for president ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cairo
Cairo ( ; ar, القاهرة, al-Qāhirah, ) is the capital of Egypt and its largest city, home to 10 million people. It is also part of the largest urban agglomeration in Africa, the Arab world and the Middle East: The Greater Cairo metropolitan area, with a population of 21.9 million, is the 12th-largest in the world by population. Cairo is associated with ancient Egypt, as the Giza pyramid complex and the ancient cities of Memphis and Heliopolis are located in its geographical area. Located near the Nile Delta, the city first developed as Fustat, a settlement founded after the Muslim conquest of Egypt in 640 next to an existing ancient Roman fortress, Babylon. Under the Fatimid dynasty a new city, ''al-Qāhirah'', was founded nearby in 969. It later superseded Fustat as the main urban centre during the Ayyubid and Mamluk periods (12th–16th centuries). Cairo has long been a centre of the region's political and cultural life, and is titled "the city of a thousand m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic
An economy is an area of the Production (economics), production, Distribution (economics), distribution and trade, as well as Consumption (economics), consumption of Goods (economics), goods and Service (economics), services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the production, use, and management of scarcity, scarce resources'. A given economy is a set of processes that involves its culture, values, education, technological evolution, history, social organization, political structure, legal systems, and natural resources as main factors. These factors give context, content, and set the conditions and parameters in which an economy functions. In other words, the economic domain is a social domain of interrelated human practices and transactions that does not stand alone. Economic agents can be individuals, businesses, organizations, or governments. Economic transactions occur when two grou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Development
International development or global development is a broad concept denoting the idea that societies and countries have differing levels of economic or human development on an international scale. It is the basis for international classifications such as developed country, developing country and least developed country, and for a field of practice and research that in various ways engages with international development processes. There are, however, many schools of thought and conventions regarding which are the exact features constituting the "development" of a country. Historically, development was largely synonymous with economic development, and especially its convenient but flawed quantification (see parable of the broken window) through readily gathered (for developed countries) or estimated monetary proxies (estimated for severely undeveloped or isolationist countries) such as gross domestic product (GDP), often viewed alongside actuarial measures such as life expectancy. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Egypt
Egypt ( ar, مصر , ), officially the Arab Republic of Egypt, is a transcontinental country spanning the northeast corner of Africa and southwest corner of Asia via a land bridge formed by the Sinai Peninsula. It is bordered by the Mediterranean Sea to the north, the Gaza Strip of Palestine and Israel to the northeast, the Red Sea to the east, Sudan to the south, and Libya to the west. The Gulf of Aqaba in the northeast separates Egypt from Jordan and Saudi Arabia. Cairo is the capital and largest city of Egypt, while Alexandria, the second-largest city, is an important industrial and tourist hub at the Mediterranean coast. At approximately 100 million inhabitants, Egypt is the 14th-most populated country in the world. Egypt has one of the longest histories of any country, tracing its heritage along the Nile Delta back to the 6th–4th millennia BCE. Considered a cradle of civilisation, Ancient Egypt saw some of the earliest developments of writing, agriculture, ur ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Inclusion
Financial inclusion is defined as the availability and equality of opportunities to access financial services. It refers to a process by which individuals and businesses can access appropriate, affordable, and timely financial products and services. These include banking, loan, equity, and insurance products. Financial inclusion efforts typically target those who are unbanked and underbanked, and directs sustainable financial services to them. Financial inclusion is understood to go beyond merely opening a bank account. It is possible for banked individuals to be excluded from financial services. Having more inclusive financial systems has been linked to stronger and more sustainable economic growth and development and thus achieving financial inclusion has become a priority for many countries across the globe. In 2018, it was estimated that about 1.7 billion adults lacked a bank account. Among those who are un-banked a significant number were women and poor people in rural areas a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Abdel Fattah El-Sisi
Abdel Fattah Saeed Hussein Khalil el-Sisi; (born 19 November 1954) is an Egyptian politician and retired military officer who has served as the sixth and current president of Egypt since 2014. Before retiring as a general in the Egyptian military in 2014, Sisi served as Egypt’s deputy prime minister from 2013 to 2014, as its minister of defense from 2012 to 2013, and as its director of military intelligence from 2010 to 2012. He was promoted to the rank of Field Marshal in January 2014. Sisi was born in Cairo in 1954. As a young man, he joined the Egyptian Army and held a post in Saudi Arabia before enrolling in the Egyptian Army's Command and Staff College. Sisi received additional training at the Joint Services Command and Staff College in the United Kingdom in 1992, and at the United States Army War College in Carlisle, Pennsylvania, in 2006. Before becoming director of military intelligence in 2010, he served as a mechanized infantry commander. After the Egyptian re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Float (money Supply)
In economics, float is duplicate money present in the banking system during the time between a deposit being made in the recipient's account and the money being deducted from the sender's account. It can be used as investable asset, but makes up the smallest part of the money supply. Float affects the amount of currency available to trade and countries can manipulate the worth of their currency by restricting or expanding the amount of float available to trade. Definition "Float is money in the banking system that is counted twice, for a brief time, because of delays in processing checks or any transfer of cash", as defined by the Federal Reserve Banks of United States. It is most obvious in the time delay between a cheque being written and the funds to cover that cheque being deducted from the payer's account. Once the payee or recipient of a cheque deposits it in a bank account, the bank provisionally credits the account and thus increases the payee's account in demand deposit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sinai Peninsula
The Sinai Peninsula, or simply Sinai (now usually ) (, , cop, Ⲥⲓⲛⲁ), is a peninsula in Egypt, and the only part of the country located in Asia. It is between the Mediterranean Sea to the north and the Red Sea to the south, and is a land bridge between Asia and Africa. Sinai has a land area of about (6 percent of Egypt's total area) and a population of approximately 600,000 people. Administratively, the vast majority of the area of the Sinai Peninsula is divided into two Governorates of Egypt, governorates: the South Sinai Governorate and the North Sinai Governorate. Three other governorates span the Suez Canal, crossing into African Egypt: Suez Governorate on the southern end of the Suez Canal, Ismailia Governorate in the center, and Port Said Governorate in the north. In the classical era the region was known as Arabia Petraea. The peninsula acquired the name Sinai in modern times due to the assumption that a mountain near Saint Catherine's Monastery is the Biblical ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Small And Medium-sized Enterprises
Small and medium-sized enterprises (SMEs) or small and medium-sized businesses (SMBs) are businesses whose personnel and revenue numbers fall below certain limits. The abbreviation "SME" is used by international organizations such as the World Bank, the European Union, the United Nations, and the World Trade Organization (WTO). In any given national economy, SMEs sometimes outnumber large companies by a wide margin and also employ many more people. For example, Australian SMEs makeup 98% of all Australian businesses, produce one-third of the total GDP (gross domestic product) and employ 4.7 million people. In Chile, in the commercial year 2014, 98.5% of the firms were classified as SMEs. In Tunisia, the self-employed workers alone account for about 28% of the total non-farm employment, and firms with fewer than 100 employees account for about 62% of total employment. The United States' SMEs generate half of all U.S. jobs, but only 40% of GDP. Developing countries tend to have a lar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sahar Nasr
Sahar Nasr ( ar, سحر نصر, born in 1964) is an Egyptian politician who served as the Minister of Investment and International Cooperation of the Arab Republic of Egypt (2015–2019). Education and career Born in 1964, Nasr graduated from the American University in 1985 with a degree in economics and mathematics, and in 1990 received a master's degree. In 1993–1995, she worked in the American Chamber of Commerce of Egypt. In 1995–1996, she worked as a consultant on the Arthur Andersen audit company privatization project. She obtained her PhD at the Faculty of Economics and Political Science, Cairo University in November 2002, to become a professor at the American University since then. In the years 2002–2011, she worked as Associate Professor, Department of Economics, American and British University in Egypt. In 1996–2014, she became a leading expert, chief economist, coordinator, regional director of the World Bank The World Bank is an international financial ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cabinet Of Egypt
The Cabinet of Egypt ( ar, مجلس وزراء مصر) is the chief executive body of the Arab Republic of Egypt. It consists of the Prime Minister and the cabinet ministers. The government has a leading role in shaping the agenda of the houses of Parliament. It may propose laws to Parliament, as well as amendments during parliamentary meetings. It may make use of some procedures to speed up parliamentary deliberations. The government is responsible only to Parliament, specifically the People's Assembly. The People's Assembly may pass a motion of censure, forcing the resignation of the cabinet. Ministers have to answer questions from Members of Parliament, both written and oral; this is known as Inquiries to the Government Talebat Ihata. In addition, ministers attend meetings of the two houses of Parliament when laws pertaining to their areas of responsibility are being discussed. The details of the cabinet's organisation are set down in articles 153 to 160 of the constitutio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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