The Egyptian cabinet has mandated the Sovereign Fund of Egypt (TSFE) to examine the transfer of ownership of 15 unoccupied buildings, with the goal of preparing them for utilization and future investment offerings.

The Sovereign Fund of Egypt (TSFE) seeks to maximize returns on state assets, Minister of Investment and Foreign Trade Hassan El-Khatib announced.

The Sovereign Fund of Egypt (TSFE) signed cooperation agreements with the Armed Forces National Service Projects Organization (NSPO) and a group of specialized local and global consulting firms,

The Nile Fund for Industrial Investment, affiliated with the national initiative of Ebda, and the Sovereign Fund of Egypt’s (TSFE) industrial sub-fund are eying collaboration on forming companies focused on locally manufacturing imported production supplies.

The Minister of Investment and Foreign Trade Hassan El-Khatib has met with members of The Sovereign Fund of Egypt (TSFE) to discuss ways to maximize returns on state-owned assets.

The Minister of Investment and Foreign Trade Hassan El-Khaitb will be in charge of The Sovereign Fund of Egypt for Investment and Development.

The House of Representatives has given its final approval to a draft law, submitted by the government, amending some provisions of Law No. 177 of 2018 on the establishment of The Sovereign Fund of Egypt for Investment and Development.

The House of Representatives has given its preliminary approval on a draft law submitted by the government on amending some provisions of Law No. 177 of 2018 on the establishment of The Sovereign Fund of Egypt for Investment and Development.

The Sovereign Fund of Egypt’s (TSFE) board has appointed Noha Khalil as the Acting CEO, succeeding Ayman Soliman who resigned on June 4th.

Ayman Soliman has resigned from his position as the CEO of The Sovereign Fund of Egypt (TSFE).

The Sovereign Fund of Egypt (TSFE) has signed a shareholder’s agreement with CIRA Education’s subsidiary Al Ahly CIRA for Educational Services and Education Support and Development Authority to set up a joint venture (JV) to develop four new international university models in Egypt.

The Sovereign Fund of Egypt (TSFE) has signed four agreements worth a total of $33 billion with European developers for the production of green ammonia.

Egypt has received seven local and international proposals to develop eight government headquarters located in Cairo.

The General Authority for the Suez Canal Economic Zone (SCZone), the Sovereign Fund of Egypt (TSFE), the East Port Said Development Company, and Volkswagen Africa have inked an agreement to conduct a feasibility study for automotive manufacturing in East Port Said.

Egypt is expected to resume its initial public offering (IPO) program by early 2025.

Egypt is set to launch a new investment and management firm in the education sector within the coming days.

The Sovereign Fund of Egypt (TSFE), via its health-focused sub-fund, has acquired around 20% of Care Pharmacies for EGP 75 million, in cooperation with EZ International.

The Sovereign Fund of Egypt (TSFE) is considering launching a new sub-fund focusing on the communications sector within weeks.

The Sovereign Fund of Egypt (TSFE) is currently studying the launch of a new sub-fund, with a specific focus on the industrial sector, Minister of Planning and Economic Development Hala ElSaid stated.

The Sovereign Fund of Egypt (TSFE) is planning to conduct a roadshow across the Gulf countries in June to lure new investments, Minister of Planning and Economic Development Hala ElSaid revealed.