Global Economics names Contact Financial Holding the Fastest Growing Finance Company in Egypt    EGYPS 2022 begins a year of strategic energy dialogue    Egypt's stocks mixed on Tuesday as main gauge EGX 30 falls 0.63%    Egypt works on charting cooperation strategies with international institutions for 5 years: Al-Mashat    Maha karara joins AAIB as Head of Corporate Communications, Sustainability    Over 2.4 million newborns examined for hearing impairment: Health Ministry    Netflix releases trailer of Arab adaption of 'Perfect Strangers' film    Balqees to headline concert celebrating launch of streaming giant LIVENow in MENA    Sawsan Badr to be honoured at Aswan Women Film Festival    Al-Sisi follows up on 'Great Transfiguration Project' in St. Catherine    Cairo, London stress need to strengthen cooperation to face climate change    Foreigners account for 22.6% of Egypt's T-bills issuances in 1H 2021: CBE    MP Abdel Hady Al-Qasby calls government to facilitate and support NGOs    Egypt's ambassador to Italy passes away    Egypt confirms readiness to help African countries face terrorism and extremism    An estimated 235 million people needed humanitarian assistance and protection in 2021, an increase of 40% compared to 2020: IOM Egypt    Egypt, DRC discuss water cooperation during WYF    Egypt, DR Congo discuss boosting bilateral cooperation during WYF    Cameroonian police probe assault on three Algerian journalists covering AFCON    Pharaohs start AFCON 2021 campaign with fierce clash against Nigeria    Foreign Ministry opens capacity building course for French-speaking African diplomats    BRICS development bank admits Egypt as new member    Nermien Ismail Schools opens a new campus in O'West    Netherlands Embassy, E7kky Magazine celebrate success of 21 Egyptian women    Women make up 45% of Egyptian Atomic Energy Authority staff    Yas Island hosts travel partners at Formula 1 Etihad Airways Abu Dhabi Grand Prix 2021    Olaf Scholz becomes Germany's new leader, ending Merkel 16-year historic era    Egypt's trade with Nile basin countries climbs 26% y-o-y in 9 months    The unvaccinated prohibited from entry to Egypt state institutions starting December 1    Egypt's iron and steel exports jump 197% in 8 months    Ethiopia halts work at its embassy in Egypt for 'economic reasons'    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Russia says it's in sync with US, China, Pakistan on Taliban    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    Brazil calls up 8 EPL players for World Cup qualifying    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Sisi calls on House, Senate to commence second legislative sessions on 3, 5 October    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    Qa'a play showing at Lycee El Horreya Theatre, Alexandria is a must go    On International Museum Day, Egypt opens two new museums at Cairo Airport    Old Cairo's Al-Fustat will be revamped on Egyptian President's directives    

Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.

EJB forms new board, pledges to support national economy
Egypt launches 691 green projects at total cost of EGP 447.3bn in FY 2020/21
Published in Daily News Egypt on 28 - 11 - 2021

President of the Egyptian Junior Business Association (EJB) Gamal Abo Ali has said the association pays great attention to business expansion in Africa.
Speaking during a press conference on the sidelines of the formation of the EJB's new board of directors, Abo Ali pointed out that the association works on increasing trade missions between Egypt and African countries, in cooperation with the General Authority for Investment and Free Zones, the Egyptian Commercial Service, African embassies in Egypt, and African investment agencies.
Bassam El Shanwany, Secretary-General of the EJB, said the association worked on restructuring many files, merging committees, and developing many new strategies over the past 300 days to keep pace with the state's vision to develop the national economy.
The restructure aims to help the state achieve Vision 2030, Shanwany added, affirming the importance of the private sector's role in supporting the government's plans.
Mohamed Abdel Rahman, Vice Chairperson of the EJB, announced the launch of the "Round Table for Distribution and Logistics" initiative.
Adel Rahman said the distribution sector has a great impact on the Egyptian economy, industrial sector and consumer.
Mohamed Kaoud, head of the travel and tourism committee at the EJB, said the new board members should outline a new vision to face the current challenges and meet the association's needs in the coming period.
Mohamed Abo Basha, an EJB member, noted the association targets boosting economic cooperation with its African counterparts as well as supporting communication among African countries through members of EJB or its counterparts.
Abo Basha revealed that the EJB agriculture committee would launch the "Green Economy and Sustainable Development" initiative in light of the presidential directives to support the green economy, underlining the number of green projects, included in the plan for fiscal year (FY) 2020/21, is 691 projects at a total cost of about EGP 447.3bn, as 14% of the total public investments were directed to these projects, according to the Ministry of Planning.
Naglaa Aqel, an EJB member, said that the new board of directors ordered enhancing ways of governance, stressing its importance for rescuing family businesses in Egypt, which only 13% of which reach the third generation, describing it as a great challenge.

Clic here to read the story from its source.