Egypt’s New SWF Poised for Growth. First Test Could Include Power Plant Deals.
Posted on 11/11/2019
Hala El Saeed, Egypt’s Minister of Planning and Administrative Reform, has announced plans to boost his country’s Sovereign Wealth Fund from US$ 12 billion to US$ 62 billion. The capital injection should occur over the next three months. The SWF will manage state assets, including the National Investment Bank. Infrastructure, sound governance, and sustainable development […]