Sovereign Fund

Egyptian president urges facing economic challenges due to coronavirus

Mon, 22 Jun 2020 - 10:48 GMT

Sisi called for providing food products and medical supplies and urged the government to benefit from the experience of international financing institutions in obtaining financial and technical support to the Egyptian economy.

Egypt targets adding LE50-60B of exploited assets at disposal of Sovereign Fund

Mon, 08 Jun 2020 - 04:29 GMT

Soliman added that the fund is working on preparing a second stage of transferring the exploited and untapped assets.

Egyptian Sovereign Fund chief receives bt100 award

Tue, 03 Mar 2020 - 07:39 GMT

Chief Executive Officer of Egypt's Sovereign Wealth Fund Ayman Soliman received an award from leading economics magazine Business Today, during the annual BT100 ceremony that honors top influential figures and companies positively impacting the Egyptian e

Egypt to rise Sovereign Fund’s issued capital to LE 1T: Minister

Tue, 21 Jan 2020 - 01:59 GMT

Saeed added in a statement that the establishment of Egypt's Sovereign Fund comes as one of the effective partnership mechanisms between the public and private sectors.

Live Coverage: Euromoney themed ‘Resilience, Agility’ kicks off in Cairo

Tue, 04 Sep 2018 - 09:01 GMT

The 28th Euromoney Conference in Cairo themed resilience and agility kicked off on Tuesday.

Legal, economic experts to develop statute of Egypt's sovereign fund

Thu, 23 Aug 2018 - 12:08 GMT

The committee will include a raft of legal and economic experts, Saeed said in a statement.

Consortium of 3 companies to set basic regulations of Sovereign Fund

Tue, 31 Jul 2018 - 10:35 GMT

The minister of planning said the consortium is preparing the basic regulations of the Sovereign Fund, and will end its work within weeks.

Egypt to launch 1st sovereign fund by end-2018: al-Saeed

Fri, 08 Jun 2018 - 09:32 GMT

Egypt plans to launch its first sovereign fund by the end of the year, Hala al-Saeed, acting planning minister, said

Asset’s sovereign fund improves Egypt's competitive position: Min.

Thu, 12 Apr 2018 - 12:34 GMT

Establishing a sovereign wealth fund to manage state assets aims to contribute to the sustainable development and optimal use of public resources.

Business News Wrap-up

Thu, 12 Apr 2018 - 05:19 GMT

A wrap-up of the most prominent business news of the day.

Gov’t approves establishing sovereign fund to manage state assets

Wed, 11 Apr 2018 - 05:24 GMT

The fund aims to manage and make use of the state’s assets with a capital of LE 200 billion, Planning Minister Hala al-Saeed said.