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

Egypt’s Sovereign Wealth Fund working on a pre-IPO work plan
The Sovereign Fund finished drawing up a list of some assets to be included in the fund to be presented to investors: Sources

World’s largest sovereign wealth fund invests $36.3m in TMG
Given the recent growth in the real estate sector in Egypt, the Oil Fund increased its investments in Egyptian real estate companies last year, with total investments amounting to $96.5m in seven firms. TMG had the largest share of them.

Egypt’s SWF capital to increase by 5-fold to EGP 1trn
A company has been selected to evaluate assets according to their current market value, the Minister added.

Elsewedy Electric, TMG lead Egyptian companies in world’s largest sovereign wealth fund portfolio
Norwegian ‘Government Pension Fund Global’ invests $428m in EGX until end-2018

SWF regulations to come into force immediately: planning minister
The issued framework for the planned EGP 200bn sovereign wealth fund (SWF), will come into force immediately, according to a report issued by the Minister of Planning and Administrative Reform, Hala Al-Saeed, on Sunday. According to the regulations published on Saturday in the Official Gazette, the fund, entitled “Misr Fund” would be an independent body …

Egypt’s SWF key issue since 2015; will be applied in Q1 of 2019
Chinese ambassador expressed interest to support new fund, utilising China’s expertise