Dr. Sahar Nasr
Former Minister of Investment & International Cooperation – Egypt
Sahar Nasr was initially appointed to the Egyptian Cabinet in 2015 as the Minister of International Cooperation. A year later, the Ministry of Investment and Ministry of International Cooperation were merged and Nasr was appointed as its Minister. She was the second Egyptian woman to be appointed in the investment field.
Since then, Nasr has made several strides in restructuring and reforming the Ministry, such as establishing a Unit for Monitoring and Evaluation and a Policy Development and Strategic Planning Unit, aiming to increase the efficiency and effectiveness of Official Development Assistance (ODA) to Egypt.
Nasr has extensive experience in negotiating and securing international grants and loans, especially within her role as Lead Economist at the World Bank. She has managed funds exceeding $4.3 billion that were injected into the Egyptian economy in the areas of economic reform, economic policy development, SME development, and social housing. She has also a broad expertise in organizing and heading committees of several international economic aid and foreign investment funds, as well as in the coordination with several international organizations, on top of which is the United Nations.
Furthermore, Nasr is the National Coordinator of the National Committee for the Follow-Up on the Implementation of the Sustainable Development Goals (SDGs). She also serves as Governor of Egypt to several institutions such as the World Bank, the European Bank for Reconstruction and Development (EBRD), Arab Bank for Economic Development in Africa, and Asian Infrastructure Investment Bank (AIIB).
Nasr has worked with the World Bank for 17 years. She was regional lead economist in Finance and Private Sector Development Department. During her years with the World Bank, she worked in technical and managerial positions in financial sector reform, banking restructuring, access to finance, small and medium enterprises (SMEs), microfinance, private sector development, corporate governance, economic management, and gender.
Nasr obtained a Ph.D. in Economics from the Faculty of Economics and Political Science at Cairo University, and worked as a Professor of Economics at the American University in Cairo, as well as other local and foreign universities.
Throughout her academic career, she published over 60 research papers, technical reports, and books in the fields of international finance, economic development, private sector and SME development, financial reform, labor market, women empowerment, and economic legislation. These papers and reports were published in scientific periodicals, including those of Cambridge and Oxford University in the UK, Berkley University in the USA, and scientific periodicals published by the World Bank. Some of these studies and research papers have contributed to drafting and structuring economic policies in various developing countries and emerging markets, including Egypt.