U.S. Deputy Secretary of State Thomas Nides Speaking in Cairo today, U.S. Deputy Secretary of State Thomas Nides encouraged U.S. business community executives to expand their investments in Egypt and lauded corporate social responsibility programs that accelerate inclusive growth. At an event sponsored by the U.S.-Egypt Business Council and the American Chamber of Commerce in Egypt, Deputy Secretary Nides advocated corporate social responsibility programs that change lives, brighten futures, and help lay the foundation for stronger economic growth. He pointed out that programs that target women – such as vocational training or support for local health clinics – help increase women's participation in the economy, dramatically boosting competitiveness and growth. Corporate social responsibility programs both demonstrate good citizenship and help assure businesses a healthy, educated workforce. During the event, representatives from Exxon Mobile, PepsiCo, and Microsoft described their efforts toward achieving Egypt's social and economic goals. The event also included presentations by representatives from Cisco, Apache, and Coca Cola. The ensuing discussion focused on how the private sector can strengthen their business results through investments in people.
