Minister of Planning Hala Al-Saeed said that Egypt has a keen interest in the idea of establishing …
"Sovereign Fund of Egypt"
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Industry & Trade
Egypt discussing setting up sovereign wealth fund to manage state companies: Minister
by aya salahby aya salahEgypt is discussing the setting up of a sovereign wealth fund to manage state companies as it …
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Saudi Arabia, the United Arab Emirates and Kuwait are considering investing in a multibillion-dollar “sovereign fund” to …
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Banks
CBE: Egypt Mulls Establishing Sovereign Fund to Revamp Public Sector
by Yomna Yasserby Yomna YasserEgypt is considering to found a Cabinet-run sovereign wealth fund, seeking to revamp the country’s public sector, …
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Financial Institutions
Russia’s Sovereign Wealth Fund to Invest $10 bln in Egypt – Official
by Yomna Yasserby Yomna YasserA Russian sovereign wealth fund is considering to invest US$ 10 billion in Egypt’s market within the …
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BanksEditors' PicksEgypt NewsFeatureMoneyNewsTech/AI
S&P Global upgrades Egypt’s outlook to positive
by Aya Anwarby Aya AnwarS&P Global Ratings upgraded Egypt’s outlook to positive, maintaining its B-/B long and short-term foreign and local …
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Africa NewsBanksFeatureMoneyTech/AI
Africa’s sovereign bond rally continues unabated
by Aya Anwarby Aya AnwarAfrica’s sovereign bond rally continues unabated, with prices reaching nearly two-year highs in countries like Ethiopia, Ghana, …
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BanksEgypt NewsFeatureNews
S&P optimistic about recent surge in financial support Egypt receives
by M.S.Salamaby M.S.SalamaS&P Global Ratings has expressed optimism due to the recent surge in financial support Egypt has received …
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Egypt NewsFeatureNews
Egyptian pound settles at 49.5 after floating currency
by Nada Aliby Nada AliEgypt’s pound remained stable on Thursday at 49.5 against the dollar, similar to the previous day’s closing …
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Egypt NewsFeatureIndustry & TradeNewsTech/AI
Egypt’s non-oil activity suffers over Suez Canal disruption
by Nada Aliby Nada AliEgypt’s private sector activity declined in February, with the Suez Canal freight drop and foreign currency shortage …