Egypt’s sovereign fund, UAE’s ADQ deal includes stakes in listed, unlisted firms

By Amwal Al Ghad English On Apr 4, 2022

Ayman Soliman, chief executive of Egypt’s sovereign wealth fund - Tharaa

The Sovereign Fund of Egypt’s (TSFE) deal with Abu Dhabi’s sovereign wealth fund ADQ includes stakes in listed and unlisted firms, Al Arabiya TV reported citing CEO of TSFE as saying on Monday.

More details will be disclosed within days, Ayman Soliman said.

TSFE and ADQ launched a strategic investment platform of $20 billion in value in 2019.

ADQ Sovereign Fund of Egypt