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
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
TSFE Subfunds
In The Press
Daily News Egypt
︎ 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.
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
︎ 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.
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
︎ 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.
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
︎ 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.
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
︎ 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.
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
︎ 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."
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
3 Abul Feda St. 12th Floor
Zamalek, Cairo, Egypt
11211
Fax:
+20227375048
Email:
info@sovfundegypt.com
Copyrights 2020 The Sovereign FUND OF EGYPT. All Rights Reserved.