Egypt aims to double Sovereign Fund assets – minister

Egypt is targeting a significant expansion of the Sovereign Fund of Egypt (TSFE), aiming to double its assets and investments to better represent the true value of the economy, Minister of Investment Hassan El-Khatib said on Tuesday.

Speaking at Egypt VC Summit 2025, Minister El-Khatib emphasised that such a target would be achieved through the efficient utilisation of underperforming state assets, strategic management, and increased private sector partnerships. He highlighted Egypt’s ongoing transition from a state-led economic model to one driven by private sector growth, with reforms focused on enhancing the business climate, boosting competitiveness, and attracting more foreign direct investment.

With a modern infrastructure, a skilled workforce, and a prime geographic location, Egypt is positioning itself as a leading investment hub. The minister pointed to Egypt’s extensive network of free trade agreements covering over 70 countries as a major advantage for investors.

To further streamline investment and trade, the government is actively reducing bureaucratic hurdles, improving trade facilitation, and implementing financial, monetary, and regulatory reforms. Initiatives to cut customs clearance times are also expected to enhance Egypt’s trade competitiveness, lower logistics costs, and drive export growth.

Attribution: Amwal Al Ghad English

Subediting: Y.Yasser

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