17th September, 2024
Despite persistent economic problems, Egypt is a top investment destination for Gulf sovereign wealth funds that are not only mindful of its long-term potential as an emerging market but also its strategic position in soft power rivalry over the MENA region.
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29th August, 2024
Cairo has shaken up The Sovereign Fund of Egypt (TSFE) as it seeks to re-energise a flagging privatization program.
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27th February, 2024
The UAE is set to funnel US$35 billion into the Egyptian economy with infrastructure-oriented sovereign fund ADQ set to lead the capital injection by a consortium of investors, which could move the North African country from life support to economic resurrection.
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9th January, 2024
The Oman Investment Authority (OIA) is reportedly in negotiations with the Egyptian government to acquire a majority stake in the Export Development Bank of Egypt (EBank) as it heads for an IPO.
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27th November, 2023
Just a month before the Hamas attacks of October 7th, the UAE marked the third anniversary of its normalization of ties with Israel – now geopolitical risk is creating obstacles to developing bilateral economic relations.
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2nd November, 2023
The parlous state of the Egyptian economy has provided major investment opportunities for the patient capital of Arabian Gulf funds seeking cheap assets – as well as closer geopolitical alliances with North Africa’s most populous and resource-rich country.
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29th March, 2023
The Sovereign Fund of Egypt (TSFE) is launching an innovation district in the Ministry of Interior’s former headquarters in Lazoghli in Cairo.
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1st March, 2023
Since its establishment in 2018, TSFE has become a trailblazer and a model for strategic funds in Africa and beyond. After establishing dedicated subsidiaries, the Egyptian fund has been busy investing in domestic assets and attracting foreign investors, all of it with a Sustainability angle. We were delighted to hear more about the fund’s plans from its CEO Ayman Soliman.
16th January, 2023
Egypt has accelerated inward investment into its economy through the deployment of its young and growing sovereign wealth fund as a go-to partner for foreign investors seeking to penetrate North Africa’s biggest economy.
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12th December, 2022
The Saudi Public Investment Fund (PIF) is continuing its advance into Egypt’s troubled economy with reports that it is preparing to acquire The United Bank for US$600 million.
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2nd November, 2022
The Red Sea continues to draw billions of dollars of investment from sovereign wealth funds, which are keen to capitalize on the resources and strategic position it occupies in global trade.
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8th September, 2022
A new sub-fund is being established by The Sovereign Fund of Egypt (TSFE) to pool assets for public listing, attracting the interest of Gulf region’s sovereign wealth funds
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