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FinancialNews
10-02-19
Egypt grants 18 mln euros from EU for 6 development projects
(MENAFN) Egypt's Minister of Investment and International Cooperation Sahar Nasr declared that Egypt has been given 18 million euros for six development projects as part of the initial section of the European Union's Cross Border Cooperation programme.
The minister's statements took place at the end of the combined Monitoring Committee Meetings of the CBC Mediterranean Sea Basin Programme, presented by Egypt for the first time.
She added that the six projects will be taking affect by Egypt's chambers of commerce, the Academy of Scientific Research and Technology, the Arab Academy, the Japanese University and partners from Italy, Spain, France, Greece, Cyprus, Lebanon, Jordan and Tunisia.
Nasr confirmed that the projects support the enhancement of regional cooperation in the sectors of textile industries, tourism, small and medium enterprises, environment as well as new and renewable energy.
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