Egypt’s TSFE prepares industrial investment fund: minister
Egypt's Sovereign Fund (TSFE) plans to launch a new industrial investment fund to support manufacturing, expand…
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Sovereign Fund of Egypt
Egypt reviews update to State Ownership Policy to boost private sector role
Egypt’s Prime Minister Moustafa Madbouly chaired a meeting on Monday of the Supreme Committee for the State…
Egypt, India’s Oberoi Group discuss expanding hotel investments, tourism cooperation
Egypt’s Foreign Minister Badr Abdel-Atty met on Thursday with Ajay Mehra, Senior Vice President of Oberoi Hotels,…
Egypt, S. Arabia hold 1st Economic Committee meeting in Cairo
Egypt’s Investment and Foreign Trade Minister Hassan El-Khatib on Monday chaired the first meeting of the Economic…
Egypt’s Sisi approves amended tax treaty with UAE
Egypt’s President Abdel Fattah El-Sisi has approved Protocol (2) to the agreement with the United Arab Emirates…
Egypt establishes central body to monitor state-owned companies
Egypt's Prime Minister Moustafa Madbouly chaired a meeting on Monday to review the executive steps for establishing…
Sisi launches new support initiative for families of war, terrorism victims
Egyptian President Abdel Fattah El Sisi reaffirmed on Sunday the nation's deep respect and appreciation for the…
Egypt govt. reviews divestment programme
Prime Minister Mostafa Madbouly chaired a meeting evening to follow up on the implementation of Egypt’s government…
Egypt’s Sisi reviews steps to boost investment, competitiveness
President Abdel Fattah El Sisi on Sunday reviewed ongoing efforts to boost the competitiveness of Egypt’s economy…
Egypt’s Sisi orders unified business tax, faster customs
Egyptian President Abdel Fattah El Sisi on Sunday ordered the replacement of various fees collected by government…
Egypt advances offering of military-run companies
Egypt is intensifying efforts to offer shares in military-run companies, marking a pivotal step in expanding…
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 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…
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,…
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…
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,…
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…
India’s ReNew Power signs framework agreement to build $8bn green hydrogen plant in Egypt
India’s largest renewable energy firm ReNew Power has signed on Tuesday the framework agreement with the Egyptian…
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…
NAT, NERIC, Hyundai Rotem sign $656 million contract to localise 320 railway cars in Egypt
Egypt’s National Authority for Tunnels (NAT), South Korea's Hyundai Rotem Alliance, and National Egyptian Railway…
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…
Egypt’s Sovereign Fund becomes full member -IFSWF
The International Forum of Sovereign Wealth Funds (IFSWF) recognized the Sovereign Fund of Egypt (TSFE) as a full…
Egypt’s sovereign fund, UAE’s ADQ deal includes stakes in listed, unlisted firms
The Sovereign Fund of Egypt’s (TSFE) deal with Abu Dhabi’s sovereign wealth fund ADQ includes stakes in listed and…
Maersk signs deal for green fuel production in Egypt
Denmark’s shipping group Maersk has signed on Monday a memorandum of understanding to launch a new project for…
Egypt to open first green hydrogen plant in November 2022 – official
Egypt plans to launch its first green hydrogen plant in November 2022 to coincide with its hosting of the COP27…
Egypt’s EFG Hermes becomes universal bank after aiBANK acquisition completion
Egypt’s EFG Hermes has officially become a universal bank after finalising its acquisition of a 51 percent stake in…
Egypt’s Sovereign Fund partners with Scatec, Fertiglobe to develop green hydrogen facility
Norwegian renewable energy producer Scatec signed an agreement on Thursday with Fertiglobe and the Sovereign Fund…
Sovereign Fund of Egypt, EFG Hermes gain c.bank approval for aiBANK takeover
Financial Services and Fintech sub-fund, owned by the Sovereign Fund of Egypt (TSFE), and EFG Hermes announced on…
Egypt’s sovereign funds, banks, investors to set up new education investment platform
An alliance of the Sovereign Fund of Egypt (TSFE), Banque Misr, Suez Canal Bank, Misr Insurance Holding, and a…
Egypt’s EFG Hermes eyeing minority stakes in startups after AIB acquisition deal
Egypt’s investment bank EFG Hermes Holding is targeting minority stakes in startups after its acquisition of a…
EFG Hermes: Arab Investment Bank valuation pegged at EGP 1.1 billion
EFG Hermes said on Wednesday that the Arab Investment Bank (aiBank) had been valued between 900 million Egyptian…
Egypt’s sovereign fund subscribes to invest EGP 250m in Egypt Education Fund
The Sovereign Fund of Egypt (TSFE) has subscribed to invest more than 250 million Egyptian pounds ($16 million) in…