Latest in Tag: sovereign fund Highlight
Latest in Tag: sovereign fund

Sovereign Fund to promote investment opportunities in Egypt globally next January
Offering stakes in government companies to strategic investors will postpone IPO programme, according to sources

Planning Ministry, Sovereign Fund focusing on green projects: Hala El-Said
The Sovereign Fund is about to launch new projects in the field of water desalination

Egypt’s Sovereign Fund begins selling shares of companies prior to their listing on EGX
The government aims to add assets to the IPO fund with a value between 5 and $6bn, according to Minister of Planning and Economic Development Hala El-Said’s statements.

Al-Sisi directs strengthening Egypt’s sovereign fund role to attract investments
Fund established sub-fund to manage, restructure assets

Egypt’s Sovereign Fund to establish sub-fund with $4bn state assets
Soliman explained, in an interview with Al-Arabiya TV, on Monday, that the sub-fund, to be announced within days, will include several companies that have been identified after surveying many partners.

Egypt’s Sovereign Fund, Mobica partner to establish two schools in Cosmic Village
The project will be executed by TSFE and Mobica within the framework of the Fund’s plan to exploit movable assets and support education.

Egypt’s sovereign fund to increase its investment portfolio to EGP 22-23bn in 2022
‘We aim to sign 3 or 4 new agreements to produce green hydrogen,’ says Ayman Soliman

Egypt’s Sovereign Fund, Bidayat sign MOU to develop historical area of Bab Al-Azab
Project comes within state’s orientation towards sustainable economy, preservation of antiquities

Egypt Sovereign Fund eyes investment portfolio of EGP 40bn by 2022-end
Hyundai Rotem submits offer to partner with NERIC to localise metro car industry

Egypt’s Sovereign Fund to decide on private sector bids for stakes at Safi, Wataniya before 2021-end
Four Arab companies submit offers to purchase majority stake in Wataniya Petroleum

The Sovereign Fund of Egypt and EFG Hermes Holding sign agreements for the acquisition of 76% of Arab Investment Bank
Transaction will be capital increase that will raise Bank’s paid-in capital to EGP 5bn

Egypt’s Sovereign Fund to prepare Safi, Wataniya companies for private placement
Egyptian state had to intervene to establish companies in strategic sectors, it will gradually exit from them, said Planning Minister

Egypt’s sovereign fund prioritises creating investment opportunities with public, private sectors: CEO
Soliman added that the fund is looking to support the country’s economy against the crisis caused by the novel coronavirus (COVID-19) pandemic.

Egypt sovereign fund’s directors board to be formed next month: Planning Minister
Three Egyptians abroad, one local, compete for Executive Manager position

Journey of Egypt’s first sovereign fund
Saudi Arabia experience closest model to follow: AmCham