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…
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The Egyptian Sovereign Fund (TSFE)
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,…
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…
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…
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…