Latest in Tag: The Sovereign Fund of Egypt Highlight
Latest in Tag: The Sovereign Fund of Egypt
Egyptian Minister of Planning meets Senegal’s Ambassador in Cairo over bilateral cooperation
The Internal Trade Development Agency (ITDA) and The Sovereign Fund of Egypt (TSFE) have signed a cooperation protocol to encourage private sector participation in the agency’s investment opportunities.
Soliman added that the fund is looking to support the country’s economy against the crisis caused by the novel coronavirus (COVID-19) pandemic.
Fund’s focus on long-term, sustainable, and profitable investments means its main goal is to provide stability for future generations
Parties will subscribe to capital increase aimed at bank ownership of at least 76%
Ayman Soliman, TSFE’s Chief Executive Officer (CEO) said, “Attracting accomplished industry professionals, such as Abdalla, from the investment sector only bodes well for the Fund’s future, its ability to attract top talent from the market, and its mandate to implement sound market-based investment management strategies.”
Fund negotiating with investors to exploit state assets for huge local economy investment returns, says Soliman
Step is seen as first investment project for the Fund in tourism sector
‘The Sovereign Fund of Egypt’s role in attracting investments to such assets is essential at these challenging times,’ says Soliman
MoU emphasises the Fund’s attractiveness as an investment partner, says planning minister