Sovereign Fund of Egypt

PM follows up on Sovereign Fund of Egypt's plan to attract more investments

Thu, 14 Apr 2022 - 09:03 GMT

Prime Minister Mostafa Madbouli said the State is moving forward in adopting plans and proposals that would attract more domestic and foreign investments via ambitious programs meant to propel various economic sectors.

Sovereign Fund of Egypt intends to launch investment fund for education sector

Mon, 06 Dec 2021 - 04:55 GMT

Soliman stated, during the activities of the second day of the CEO Conference, Monday, that the fund owns a portfolio for the education sector with a current value of about LE 500 million.

Egypt's sovereign fund aims to increase investment portfolio to LE 22-23B

Mon, 06 Dec 2021 - 04:45 GMT

This came during the activities of the second day of the CEO Conference, Monday.

Egypt’s planning minister, World Bank delegation discuss future cooperation plan

Mon, 08 Nov 2021 - 01:52 GMT

The minister gave an overview of ongoing projects.

Volume of Sovereign Fund of Egypt to reach LE30B by end of 2022

Sun, 26 Sep 2021 - 01:59 GMT

Soliman indicated that the fund’s goal is to reach a volume of LE 30 billion by the end of next year 2022.

'Egypt’s Sovereign Fund made one exception of working on attracting investments to Africa’: CEO

Sun, 13 Jun 2021 - 09:45 GMT

That was in IPAs Africa Forum 1 held in Sharm El Sheikh on June 11-14.

Egypt's Sovereign Fund, EFG Hermes sign agreements for acquiring 76% of Arab Investment Bank

Thu, 20 May 2021 - 12:53 GMT

The acquisition will be structured as a capital increase that will increase the paid-in capital of the Bank to LE 5 billion, making it compliant with the regulatory requirements of the Egyptian Banking Law.

Egypt's Sovereign Fund subscribes to EFG Hermes’ Education Fund, partners up with GEMS to launch 2 Schools western Cairo

Wed, 31 Mar 2021 - 01:16 GMT

Minister of Planning and Economic Development Hala al-Said witnesses signing of MoUs between Sovereign Fund of Egypt on one hand and EFG Hermes and GEMS on the other hand. Press Photo

Acquisition deal of AiBank by EFG Hermes, Egypt's Sovereign Fund still not valued

Mon, 29 Mar 2021 - 04:01 GMT

This came in a statement issued by the company, Monday, in response to the stock market’s inquiries regarding the deal to acquire the financial group Hermes and Egypt's sovereign fund of a 76 percent stake in the Arab Investment Bank.

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