By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
DailynewsegyptDailynewsegypt
  • Home
  • Business
    BusinessShow More
    Egypt, KOICA sign $8m agreement to enhance educational capacity of Beni-Suef Technological University
    Egypt, KOICA sign $8m agreement to enhance educational capacity of Beni-Suef Technological University
    September 21, 2023
    GIZ, Enactus Egypt launch ‘NextGen Onboard’ programme to bridge skills gap
    GIZ, Enactus Egypt launch ‘NextGen Onboard’ programme to bridge skills gap
    September 21, 2023
    Emirati Businessman Alabbar seeks to acquire state-run real estate company in Egypt
    Emirati Businessman Alabbar seeks to acquire state-run real estate company in Egypt
    September 21, 2023
    Rolling Plus signs contract to establish tire factory with €1bn investments in SCZONE
    Rolling Plus signs contract to establish tire factory with €1bn investments in SCZONE
    September 21, 2023
    CBE to decide on interest rate on Thursday amid high inflation
    CBE to decide on interest rate on Thursday amid high inflation
    September 20, 2023
  • Politics
    PoliticsShow More
    Egyptian Health Minister highlights country's interest in local drug manufacturing
    Egyptian Health Minister highlights country’s interest in local drug manufacturing
    September 21, 2023
    Egypt leads meeting to urge global support for Sudan’s humanitarian crisis
    Egypt leads meeting to urge global support for Sudan’s humanitarian crisis
    September 20, 2023
    Egypt and EU co-chair GCTF meeting, reaffirm commitment to fighting terrorism
    Egypt and EU co-chair GCTF meeting, reaffirm commitment to fighting terrorism
    September 20, 2023
    Children dying in Sudan amid healthcare system collapse
    Children dying in Sudan amid healthcare system collapse
    September 20, 2023
    Egypt to announce presidential election timetable on Monday
    Egypt to announce presidential election timetable on Monday
    September 20, 2023
  • Interviews
    InterviewsShow More
    Microsoft Egypt aims to provide advanced AI models, build solid AI ecosystem: Mirna Arif
    Microsoft Egypt aims to provide advanced AI models, build solid AI ecosystem: Mirna Arif
    September 18, 2023
    I love privacy, and I am not concerned about competition: Yasmine Sabry
    I love privacy, and I am not concerned about competition: Yasmine Sabry
    September 14, 2023
    Sustainability, digital transformation at the heart of our strategy: Heidelberg Materials Egypt
    Sustainability, digital transformation at the heart of our strategy: Heidelberg Materials Egypt
    September 12, 2023
    India welcomes Egypt's BRICS membership: Boosting trade, investment, and access to strategic commodities
    India welcomes Egypt’s BRICS membership: Boosting trade, investment, and access to strategic commodities
    September 11, 2023
    The box office is not a measure of success: Basma Hassan
    The box office is not a measure of success: Basma
    September 6, 2023
  • Culture
  • Opinion
  • Sports
  • Lifestyle
Reading: Nile Preneurs Initiative launches training programme to support export capabilities of emerging companies in chemical industries
Share
Notification
Latest News
Egypt, KOICA sign $8m agreement to enhance educational capacity of Beni-Suef Technological University
Egypt, KOICA sign $8m agreement to enhance educational capacity of Beni-Suef Technological University
Business
Egyptian Health Minister highlights country's interest in local drug manufacturing
Egyptian Health Minister highlights country’s interest in local drug manufacturing
Politics Egypt
GIZ, Enactus Egypt launch ‘NextGen Onboard’ programme to bridge skills gap
GIZ, Enactus Egypt launch ‘NextGen Onboard’ programme to bridge skills gap
Business
Emirati Businessman Alabbar seeks to acquire state-run real estate company in Egypt
Emirati Businessman Alabbar seeks to acquire state-run real estate company in Egypt
Business
Rolling Plus signs contract to establish tire factory with €1bn investments in SCZONE
Rolling Plus signs contract to establish tire factory with €1bn investments in SCZONE
Business
Aa
Aa
DailynewsegyptDailynewsegypt
  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle
  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle
Have an existing account? Sign In
Follow US
  • Advertise
© 2023 DNE News. All Rights Reserved.
Dailynewsegypt > Blog > Business > Nile Preneurs Initiative launches training programme to support export capabilities of emerging companies in chemical industries
Business

Nile Preneurs Initiative launches training programme to support export capabilities of emerging companies in chemical industries

Daily News Egypt
Last updated: 2022/06/12 at 12:54 PM
By Daily News Egypt 6 Min Read
Share
Nile Preneurs
SHARE

The initiative attaches a special importance to supporting the capabilities of emerging, small, and medium Egyptian companies to export and open new international markets in many sectors: Executive Director

The Nile Preneurs Initiative announced the launch of a new training programme that will run for a period of six months to support the export capabilities of emerging, small, and medium-sized companies working in chemical industries.

This will be done in partnership with the Export Council of Chemical and Fertiliser Industries and under the auspices of Banque du Caire.

The Nile Preneurs is one of the initiatives of the Central Bank of Egypt (CBE) that is being implemented by the National Nile University in cooperation with a number of agencies and banks.

Tarek Fayed — Chairperson and CEO of Banque du Caire — said that the programme aims to help emerging, small, and medium-sized companies in chemical industries develop their products, increase their competitiveness and marketing capabilities, and open new international markets, in addition to supporting the digital transformation of these companies.

Fayed also stressed the importance of the initiative in developing the capabilities of young entrepreneurs, encouraging local industry and technology, and expanding digital applications to support various sectors, helping to meet the needs of the Egyptian market and increase job opportunities.

Nader Saad — Head of the Small and Medium Enterprises Group at Banque du Caire — explained that Banque du Caire’s participation in the Nile Preneurs Initiative comes within the framework of the bank’s role in supporting small and medium enterprises, encouraging young people to establish successful projects, and supporting small enterprises in the informal sector through financial and technical consultations.

For her part, Heba Labib — Executive Director of the Nile Preneurs Initiative — said that the initiative attaches special importance to the process of supporting the capabilities of emerging, small, and medium Egyptian companies to export and open new international markets in many industrial sectors through the Centre of Excellence for Export of the initiative, which has been sponsored by Banque du Caire since its launch in 2019.

She added that supporting the export capabilities of Egyptian companies is becoming increasingly important in the current period in light of the conditions the world is witnessing — shortages in products and commodities and the disruption of supply chains — which led to a significant rise in prices and waves of inflation that harmed the global economy, which is a good opportunity for companies to take advantage of these conditions by increasing their exports abroad as well as breaking into new markets.

She emphasised that the trend towards exports is in line with the state’s strategy and the various initiatives it launched — whether through the CBE or other parties — to deepen local industrialisation and thus increase exports, which will improve the trade balance and increase state revenues from foreign currency.

Furthermore, Labib praised the great role played by Banque du Caire by sponsoring the Centres of Excellence for Export Programme in the initiative, which achieved great successes that helped bring the sales of companies that benefited from the programme to more than EGP 120m by the end of last year.

For his part, Khaled Abu Al-Makarem — Chairperson of the Export Council for Chemical Industries and Fertilisers — said that the cooperation with the Centre of Excellence for Export and the sponsorship of Banque du Caire comes from the primary role of the council to provide mechanisms and programmes that stimulate the development of the sector’s exports.

He also stressed that this cooperation aims to achieve real and sustainable development for the companies participating in the programme and to bring about a real qualitative leap that guarantees continuity and the ability to deal with internal and external changes and challenges and enhance their manufacturing and production capabilities along with their readiness for export.

Additionally, Mohamed Al-Katatni — Director of the Centres of Excellence Programme for Exporting at the Nile Preneurs Initiative — said that it is possible to apply for the programme through the initiative’s website, noting that the programme is divided into two phases.

The first phase involves raising awareness and educating advanced companies, while the second phase focuses on working with companies through customised programmes according to their individual needs.

He added that the programme will help companies have an electronic presence on international trade platforms and e-commerce sites by creating their own websites and introducing them to electronic marketing mechanisms locally and internationally, as well as working to develop their products and increase their competitive capabilities to support them in export markets.

You Might Also Like

Egypt, KOICA sign $8m agreement to enhance educational capacity of Beni-Suef Technological University

GIZ, Enactus Egypt launch ‘NextGen Onboard’ programme to bridge skills gap

Emirati Businessman Alabbar seeks to acquire state-run real estate company in Egypt

Rolling Plus signs contract to establish tire factory with €1bn investments in SCZONE

CBE to decide on interest rate on Thursday amid high inflation

TAGGED: Nile Preneurs
Share this Article
Facebook Twitter Email Print
Previous Article We will not forget role of Egypt in liberation of Angola: Ambassador Nelson Cosme We will not forget role of Egypt in liberation of Angola: Ambassador Nelson Cosme
Next Article IMF Executive Board Completes Fourth Review under the Extended Credit Facility Arrangement for The Gambia and Approves US$ 6.72 Million Disbursement IMF Executive Board approves $ 6.72m disbursement for Gambia 
Ad image
Ad image

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe

Latest News

Egypt, KOICA sign $8m agreement to enhance educational capacity of Beni-Suef Technological University
Egypt, KOICA sign $8m agreement to enhance educational capacity of Beni-Suef Technological University
Business
Egyptian Health Minister highlights country's interest in local drug manufacturing
Egyptian Health Minister highlights country’s interest in local drug manufacturing
Politics Egypt
GIZ, Enactus Egypt launch ‘NextGen Onboard’ programme to bridge skills gap
GIZ, Enactus Egypt launch ‘NextGen Onboard’ programme to bridge skills gap
Business
Emirati Businessman Alabbar seeks to acquire state-run real estate company in Egypt
Emirati Businessman Alabbar seeks to acquire state-run real estate company in Egypt
Business
//
Egypt’s only independent daily newspaper in English. Discuss the country’s latest with the paper’s reporters, editors, and other readers.

Quick Link

  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

© 2023 DNE News. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?