The Ministry of Petroleum and Mineral Resources is to sign an MoU with the American Chamber of Commerce in Egypt (AmCham Egypt), on the margins of EGYPS 2019, the Egypt Petroleum Show.

AmCham Egypt, through its Career Development Centre (CDC), will implement a specially designed ‘Change Management’ Programme, aimed at developing the capacities of the ministry’s executives, according to the statement of AmCham Egypt.

The Ministry of Petroleum is undertaking major efforts to modernise the petroleum sector, so as to achieve Egypt’s vision of becoming the region’s energy hub.  One of the main pillars of the modernisation programme is the development of the human capacities, and equipping the leaders and executives with the necessary skills to lead the efforts of the ministry in accordance with its vision.

On the other hand, the CDC actively contributes toward the capacity building of professionals who are seeking to enhance business-related competencies and skills, by providing professional career development solutions both to the AmCham members, as well as to the business community at large.

Additionally, the AmCham committees are fronting advocacy efforts for a favourable business environment in Egypt, and provide a forum for members to identify, discuss, and pursue common interests regarding their sector and businesses.

The AmCham Egypt’s oil and gas committee advocates for the advancement of the energy sector, the adoption of measures which facilitate investment, and for the development of human resources’ capacities within this vital sector for Egypt’s economy.

According to this MoU, which shall be agreed upon in the presence of the Minister of Petroleum and Mineral Resources, Tarek El Molla, and AmCham Egypt’s Executive Vice President, Ahmed Abou Ali, The AmCham shall provide a ‘Change Management’ training programme, designed to target 50 executives, who are to be nominated by the ministry.

The programme’s first phase, which will take place over a period of 10 weeks, will lead the executives through an eye-opening journey in the domains of innovation, and change management, as well as strategy and leadership.

Modules of the programme will cover: business models and innovation, influencing skills, team empowerment, coaching for optimal performance, how to lead change and strategy formulation and execution. The programme, which is supported by the energy committee, will be conducted at AmCham CDC’s facilities.

Noteworthy, this programme is the first of its kind to be signed by and between the ministry and AmCham Egypt, and marks the start of collaborative partnership in the area of capacity building between both organisations.

AmCham Egypt, established in 1982, is one of the largest and most active overseas affiliates of the US Chamber of Commerce, connecting more than 1,900 business leaders. AmCham represents the US companies operating in Egypt, and the Egyptian companies engaged in trade, commerce, and investment with the US, as well as multinational companies which work in Egypt.