Egypt's sovereign fund aims to increase investments to $1.46bln

Occupied the 42nd position among the world's sovereign funds, the Sovereign Fund of Egypt has injected investments across several key sectors to achieve development

  
An employee counts Egyptian pounds at a foreign exchange office in central Cairo, Egypt, March 20, 2019. Image used for illustrative purpose.

An employee counts Egyptian pounds at a foreign exchange office in central Cairo, Egypt, March 20, 2019. Image used for illustrative purpose.

REUTERS/Mohamed Abd El Ghany

Cairo - The Sovereign Fund of Egypt seeks to raise the value of its investments to EGP 22-23 billion in managed, owned, or liquid assets during 2022.

This announcement was made by the CEO of the Sovereign Fund of Egypt, Ayman Soliman, during the seventh CEOs Thoughts Conference, being held on 5-6 December.

Occupied the 42nd position among the world's sovereign funds, the Sovereign Fund of Egypt has injected investments across several key sectors to achieve development.

 

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