The Euromoney Egypt Conference 2017

Keynote

H.E. Dr Sahar Nasr

Minister of Investment and International Cooperation

Arab Republic of Egypt


H.E. Dr Sahar Nasr was sworn in as the Egyptian minister of investment and international cooperation on February 16 2017, following her appointment as minister of international cooperation on September 19 2015. Dr Nasr earned her professorship from the Supreme Council of Universities. She is a professor of economics at the American University in Cairo and a lecturer at several Egyptian and foreign universities. Throughout her academic career, she published over 60 research papers, technical reports and books. Since assuming her role as minister of investment and international cooperation, Dr Nasr has made several strides in enhancing the business environment and the investment climate, with the ultimate objective of promoting private sector participation; most recent of which is the passing of the long-awaited Investment Law which brings new features to the investment landscape and introduces incentives with the objective of making Egypt one of the top investment destinations in the region. She has also exerted tremendous efforts towards restructuring and reforming the ministry, such as the establishment of a unit for monitoring and evaluation and a policy development and strategic planning unit in order to increase the efficiency and effectiveness of Official Development Assistance (ODA) to Egypt, in addition to the establishment of a unit dedicated to addressing investors’ problems at a very early stage. Dr Nasr has focused on strengthening Egypt’s ties with its existing international partners, as well as exploring new opportunities for cooperation, all through the establishment of mutually-beneficial partnerships. This has involved consolidating Egyptian-Gulf relationships, expanding and deepening ties with African states, and exploring new relationships with Asian partners. Dr Nasr also serves as governor of Egypt to several institutions such as the World Bank, the European Bank for Reconstruction and Development, Arab Bank for Economic Development in Africa, and Asian Infrastructure Investment Bank. Dr Nasr has been a member of the Economic Development Council of the Presidential Office through which she provided economic consultations to the President and drafted several proposals for the development of Egypt’s economic policies, boosting economic development efforts, coordinating and streamlining development initiatives and programs across different ministries and authorities, as well as to ensure the modernization of the economic performance system. Her Excellency was granted the 2015 prize of the Most influential woman in the Arab economic sector. Dr. Nasr has extensive experience in negotiating and securing international grants and loans, especially within her role as program leader and lead economist at the World Bank. She has managed funds exceeding USD 4.3bn that were injected into the Egyptian economy in the areas of economic reform, economic policy development, small and medium enterprise (SME) development and social housing. Dr Nasr’s career heavily involved designing and supervising numerous reform and finance programmes in the Middle East, Asia, Latin America, and Central and Eastern Europe. She has accomplished numerous success stories in the areas of economic and financial strategy design; monitoring progress and implementation of financial sector programs including legislative, supervisory and structural reforms; development of SMEs to promote inclusive growth and job creation, design and management of social housing finance programmes, as well as constructing partnership schemes between the World Bank Group, governments of a diverse group of developing countries and other local/international organisations.


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Mon 18 - Tue 19 Sep 2017

Cairo