Egypt’s sovereign fund launches industrial investment sub-fund
The Sovereign Fund of Egypt (TSFE) launched an industrial investment sub-fund on Tuesday with paid-up capital of…
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Sovereign Fund of Egypt (TSFE)
Egypt, China’s Jiangsu Changyun sign MoU for automotive manufacturing platform
Egypt signed a memorandum of understanding with Chinese machinery maker Jiangsu Changyun Intelligent Technology…
Egypt, UK discuss green finance, investment cooperation
Egypt and Britain discussed expanding cooperation in green finance, clean energy, and export-oriented industries on…
Egypt’s sovereign fund invites banks for Misr Life Insurance’s 20% IPO
Egypt’s sovereign wealth fund on Wednesday invited investment banks and financial institutions to submit proposals…
Egypt’s PM explains reasons behind abolishing Public Business Sector Ministry
Egypt’s government has abolished the Ministry of Public Business Sector as part of a broader plan to restructure…
Egypt to divest from 5 military-owned firms
The Sovereign Fund of Egypt and the Armed Forces’ National Service Projects Organisation signed cooperation…
Egypt’s PM reviews energy sector divestment plan
Egypt’s Prime Minister Moustafa Madbouly convened a meeting on Sunday to assess the progress of the state share…
Egypt signs green hydrogen production deal in Sokhna
Egypt's clean energy ambitions just garnered a major boost with the signing of a groundbreaking agreement for a new…
Egypt transfers ownership of 13 closed govt. buildings to sovereign fund
Egypt approved moving the ownership of 13 governmental buildings to The Sovereign Fund of Egypt (TSFE), according…
Egypt signs $3bln agreement with Maersk for green fuel production
Egypt signed a new framework agreement with Maersk's C2X for $3 billion investments as a phase of green fuel…
Actis to buy Egypt’s Gabal El-Zeit wind farm for $359mln – sources
The Sovereign Fund of Egypt (TSFE) announced that British Actis will buy the Gabal El-Zeit wind farm for $350…
Egypt Cabinet approves national council for green hydrogen, derivatives
Egypt said on Wednesday it would form the national council for green hydrogen and its derivatives to be headed by…
Egypt’s sovereign fund TSFE increases issued capital to 12.5 billion pounds
Egypt’s sovereign wealth fund has raised its issued capital to 12.513 billion Egyptian pounds ($405 million), the…
Egypt to offer Finance Ministry’s building for sale in Sept
The Sovereign Fund of Egypt (TSFE) is set to sale the Ministry of Finance’s building in downtown in September,…
Egypt considers merging Maadi for Development, El Nasr Housing
Egypt is considering merging Maadi for Development and Construction and El Nasr Housing and Development Company,…
EBRD, IFC sign deal to support seawater desalination, renewables in Egypt
The Sovereign Fund of Egypt (TSFE) signed on Wednesday an advisory agreement with the European Bank for…
Africa Finance Corp to invest at least $1 bln in Egypt – official
Africa Finance Corporation (AFC), a Lagos-based development financier, plans to invest $1 billion or more in Egypt…
Egypt to complete Misr Life Insurance share sale before H1-end: minister
Egypt plans to complete selling shares of Misr Life Insurance on the stock exchange or offering them to strategic…
Sovereign Fund of Egypt, Etisalat Egypt launch Erada Microfinance
The Sovereign Fund of Egypt (TSFE) and Etisalat Egypt by e& have on Monday partnered together to launch a new…
Egypt sovereign fund attracts 43% of all foreign direct investment
The Sovereign Fund of Egypt (TSFE) has attracted 43 percent of total foreign direct investment (FDI) or 37 billion…
IDSC highlights efforts of Egypt’s Sovereign Fund
Egyptian Cabinet Information and Decision Support Center (IDSC) highlighted the Sovereign Fund of Egypt’s (TSFE)…
Bucking emerging market trend, Egypt is one of the most preferred destinations for foreign…
This year, Egypt has become the most preferred destination for foreign investors among emerging markets. The sale…
France’s Voltalia partners with TAQA Arabia to develop green energy cluster in Egypt
France’s Voltalia SA and Egyptian energy company TAQA Arabia have signed on Wednesday a memorandum of understanding…
BP signs deal to study potential large-scale green hydrogen facility in Egypt
UK oil and gas major BP has signed on Wednesday a memorandum of understanding (MoU) with the Egyptian government to…
Egypt signs 7 new MoUs for green hydrogen projects
Egypt has signed on Wednesday seven new memoranda of understanding with local and international companies to study…
Egypt sovereign fund to launch $2.5 billion green fund
The Sovereign Fund of Egypt (TSFE) is planning to launch a green credit fund to invest in clean energy projects,…
Egypt’s Sovereign Fund plans to build 21 desalination plants
Egypt’s Sovereign Fund (TSFE) plans to build 21 water desalination plants in the first $3 billion phase of a…
Euromoney to discuss opportunities Sovereign Fund of Egypt is exploring
The Euromoney Egypt Conference will its hold annual Egypt conference in Cairo on December 7.
Globeleq signs framework agreement for 3.6-GW green hydrogen complex in SCZone
Africa-focused independent power producer (IPP) Globeleq announced on Monday its framework agreement with Egyptian…
UAE’s AMEA Power, Egypt sign deal for 1,000MW green hydrogen project
Dubai-based AMEA Power said on Wednesday it had signed a framework agreement with Egypt to establish a…
EBRD lends $80mn for Egypt’s first green hydrogen facility
The European Bank for Reconstruction and Development (EBRD) has announced on Tuesday an $80 million loan for Egypt…
Infinity Energy in talks with Sovereign Fund of Egypt over electric taxi project
Egypt’s Infinity Energy is in talks with the Sovereign Fund of Egypt (TSFE) about implementing an electric taxi…
Egypt: EEP acquires majority stake in Selah El Telmeez
Egypt Education Platform (EEP), the fastest growing education service provider in Egypt, and the Sovereign Fund of…
Egypt aims to raise $6 billion by June from share sale of state firms
Egypt seeks to raise up to $6 billion before the middle of next year by selling stakes in state-owned firms, the…
Globeleq to build 3.6-GW green hydrogen complex in Egypt
Africa-focused independent power producer (IPP) Globeleq announced on Monday a new project that envisages the…
India’s ACME to build green hydrogen industrial complex
Indian renewable energy firm ACME Group signed on Thursday a preliminary agreement to build a green hydrogen…
Actis to set up green hydrogen plant in Egypt
British firm Actis, which is the largest private capital investment firm in Africa, signed on Thursday a memorandum…
Mediterranean Energy Partners to build green fuel plant in Egypt
Egypt-centered Mediterranean Energy Partners (MEP) has signed on Thursday a preliminary agreement to set up a green…
UAE’s K&K to build green hydrogen plant in Egypt
UAE firm K&K signed on Thursday a preliminary agreement to set up a green hydrogen production project in Egypt.
India’s ReNew Power to build $8 billion green hydrogen, ammonia plant in Egypt
India’s largest renewable energy firm ReNew Power has on Wednesday signed a memorandum of understanding to build a…