The Sovereign Fund of Egypt

Egypt to launch invitation to tender for development of desalination plants in few weeks

Mon, 22 Apr 2024 - 10:50 GMT

Soliman added that the priority in terms of location goes to the Mediterranean coasts, followed by those lying on the Red Sea, then the Suez Canal.

Egypt targets economic growth of 7-8% by 2027: Planning Minister

Sun, 21 Apr 2024 - 10:22 GMT

She noted that in spite of the anticipated economic growth deceleration in 2024 due to Middle East conflicts, the rate is projected to surpass regional average.

Sovereign Fund of Egypt unveils plans to transform Downtown Cairo's Tahrir Complex

Sun, 10 Mar 2024 - 01:23 GMT

The transformation is scheduled to be over by the end of 2025.

Egypt inks 7 agreements with $40 bln investments in hydrogen projects

Wed, 28 Feb 2024 - 05:03 GMT

The agreements include investments of $12 billion for the pilot phase and approximately $29 billion for the first phase

Egypt's Sovereign Fund to launch 3 new sub-funds

Mon, 19 Feb 2024 - 02:28 GMT

Ayman Soliman stated that the three funds come to take advantage of the investment opportunities available in the Egyptian market and attract more investments.

Egyptian official unveils destiny of land used to house headquarters of dissolved National Democratic Party

Sun, 07 Jan 2024 - 02:42 GMT

The land lies on the Nile Corniche in Cairo.

The Sovereign Fund of Egypt acquires 49% in El-Ezaby Pharmacy

Tue, 09 May 2023 - 11:24 GMT

El-Ezaby will utilize the investment to increase its branch count to almost 600, the pharmacy chain has been looking to expand its services to serve as much customers as possible.

TFSE, B Investments partner with El-Ezaby to provide B2B pharmaceutical services

Mon, 08 May 2023 - 01:29 GMT

EZ International, will provide high-quality services to more than 500 pharmacies across Egypt with El-Ezaby’s more than 250 branches.

Egypt to build automotive factory in SCzone targeting to produce 75K vehicles per annum in 1st phase

Tue, 14 Jun 2022 - 03:32 GMT

Prime Minister Mostafa Madbouli attended Tuesday the signing of a quadrilateral memorandum of understanding (MoU) to build an automotive factory in the Suez Canal Economic Zone (SCzone) located Eastern Port Said.

Egyptian official indicates top sector of interest for private sector to implement PPP projects

Mon, 23 May 2022 - 06:09 GMT

The official's statements came during an event held by the Ministry of Planning and Economic Development on alternative financing to sustainable development.