Ayman Soliman
Increasing the private sector’s participation is a state priority, the Sovereign Fund of Egypt (TSFE) head was reported by local media as saying
Egypt will float shares of about 23 government-owned companies during the current year, whether through the stock exchange or sale to a strategic investor.
This came during the activities of the second day of the CEO Conference, Monday.
Soliman indicated that the fund’s goal is to reach a volume of LE 30 billion by the end of next year 2022.
Soliman added that the fund is working on preparing a second stage of transferring the exploited and untapped assets.
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
Soliman said the desired partnership could take many forms, including the establishment of investment funds and platforms.
