Dalia Khorshed

Egypt cabinet approves law abolishing prison terms in bankruptcy cases

Egypt - Arab today

The Egyptian cabinet has approved a law abolishing prison sentences in bankruptcy cases and limiting punishment to a monetary fine, Minister of Justice Hossam Abdel-Rehim announced on Wednesday. Abdel-Rehim said in a press conference that the new law restructuring insolvency procedures aims at establishing a mediating system to reduce resorting to the judiciary in bankruptcy cases. The law alsoRead more

Investment minister back home from Davos forum

Cairo - Arab Today

Investment Minister Dalia Khorshed returned home from Switzerland on Saturday, wrapping up an official visit to the European country during which she attended the World Economic Forum in Davos. While in Davos, Khorshed held 15 meetings with regional and international investment groups and banks with the aim to promote Egypt's economic reform program, a statement by the Investment Ministry said. Read more

Investment minister attends debate on digital

Cairo - Arab Today

Investment Minister Dalia Khorshed was present at a debate on societal values of the digital communications industry, which was held Wednesday as part of activities of the World Trade Forum in Davos, Switzerland. The debate focused on the growing role of the private sector in outlining policies in partnership with the governments, a statement by the Investment Ministry here said.Read more

Investment minister: securing electricity key to attractive business climate

Cairo - MENA

Investment Minister Dalia Khorshed has said that securing electricity will contribute to creating a business-friendly climate. Khorshed was speaking after the inking of a loan agreement worth 650 million dollars to upgrade two power plants in Assiut and Damietta. The deal was sealed on Wednesday between the Egyptian Electricity Holding Company and BNP Paribas Bank. The project is part ofRead more

EBRD to adopt new strategy in Egypt in 2017

Cairo - MENA

Investment Minister Dalia Khorshed met Wednesday with a delegation of the European Bank for Reconstruction and Development to discuss a new EBRD strategy that will go into effect in January 2017. Philip ter Woort, Director of EBRD Egypt, said his bank intends to pump more investments into the Egyptian market in the coming years, a statement by the Investment MinistryRead more