The Sovereign Fund of Egypt







A Future Filled With
Unprecedented Promise


The Sovereign Fund of Egypt was established in 2018 to attract private investments to Egypt and
promote and co-invest in state-owned assets to maximize their value and efficiency for the Egyptian economy









The Fund is independently managed, through senior executives from the financial industry


Seeks to select investable assets from public stakeholders to promote and co-invest in with local and foreign specialized and financial partners to create value, increase the private sector’s role in the economy and create jobs for Egypt’s young population





The Sovereign Fund of Egypt operates in accordance with international best practices in all respects

The Fund’s special legal framework allows it to unlock unique assets for investors and engage the government to help implement structural reforms, ultimately increasing diversified economic growth

The Sovereign Fund of Egypt operates in accordance with international best practices in all respects, from its clear and disciplined investment focus, to its governance. The Fund is overseen by a board of directors as well as a general assembly, both bodies having majority private sector members. The Sovereign Fund of Egypt was established in accordance with Law 177 of 2018; its articles of association were published in February 2019 by Prime Ministerial Decree 555 of 2019


In The Press



Daily News Egypt

What you need to know about Egypt’s new Sovereign Wealth Fund


︎ November 12, 2019

There are three types of sovereign funds. The first type is for profit. This is more prevalent in countries whose wealth depends on oil.


Daily News Egypt

Egypt’s SWF: new hope for nation’s untapped potential


︎ November 12, 2019

Egypt negotiates with 3 Gulf SWFs to launch mutual funds, says THARAA CEO We plan to increase THARAA authorised capital to 1trn in the coming period.

Reuters

Egypt's sovereign wealth fund to raise authorized capital to up to 1 trillion pounds


︎ November 12, 2019

Egypt’s sovereign wealth fund is expected to increase its authorized capital to up to a trillion Egyptian pounds ($62.15 billion) from 200 billion pounds within three years, depending on investors’ appetite.



Bloomberg

Egypt, U.A.E. to Set Up $20 Billion Joint Investment Platform


︎ November 14, 2019

Egypt and the United Arab Emirates are setting up a $20 billion joint strategic platform to invest in a range of sectors and assets.

MenaFN

Egypt’s Sovereign Wealth Fund, Hassan Allam sign MoU to jointly invest in infrastructure


︎ January 15, 2020 

Egypt's Sovereign Wealth Fund and Hassan Allam Holding (HAH) -a construction and engineering group- announced on Wednesday their signing of a Memorandum of Understanding (MoU) to jointly invest, directly or indirectly, in projects in the fields of power, water, renewable energy, and infrastructure in Egypt.

Bloomberg

Stocks Are Place to Be in Secular Low Bond Yield World, Wharton's Siegel Says


︎ January 17, 2020

State Street’s SPDR S&P Dividend ETF will likely have to sell off large stakes in Meredith Corp. and Tanger Factory Outlet Centers Inc. Bloomberg Intelligence’s James Seyffart has the details on "Bloomberg Markets."



Contact Details


Address:
3 Abul Feda St. 12th Floor 
Zamalek, Cairo, Egypt
11211

Fax:
+20227375048

Email:
info@sovfundegypt.com







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