Egypt plans to launch its first green hydrogen plant in November 2022 to coincide with its hosting …
Sovereign Fund of Egypt
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Egypt’s EFG Hermes has officially become a universal bank after finalising its acquisition of a 51 percent …
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FeatureIndustry & TradeTech/AI
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 of …
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Financial Services and Fintech sub-fund, owned by the Sovereign Fund of Egypt (TSFE), and EFG Hermes announced …
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FeatureIndustry & TradeTech/AI
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, …
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Egypt’s investment bank EFG Hermes Holding is targeting minority stakes in startups after its acquisition of a …
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FeatureFinancial InstitutionsMoney
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 …
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FeatureFinancial InstitutionsMoney
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 …
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FeatureFinancial InstitutionsMoney
Egypt’s sovereign fund reportedly eying controlling stake in e-Finance
Sovereign Fund of Egypt is in talks to acquire part of the National Investment Bank’s 69 percent …
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FeatureIndustry & TradeTech/AIunclassified
Abu Dhabi’s ADNOC considers acquiring Egyptian military-affiliated Wataniya Petroleum Company
Abu Dhabi National Oil Co. (ADNOC) is mulling the acquisition of a majority stake in Wataniya Petroleum …