More Details on Egyptian Sovereign Wealth Fund

Posted on 04/17/2018


The government of Egypt has approved a draft bill to launch the country’s first sovereign wealth fund with some 200 billion EGP (US$ 11.34 billion) in initial capital aimed at helping the country achieve sustainable development. Speaking at a press conference on April 12, Egypt Planning Minister Hala al-Saeed told reporters the law authorizes the […]