The Sovereign Fund of Egypt (Arabic: صندوق مصر السيادي) is a Sovereign wealth fund, owned by the Arab Republic of Egypt,[4] Its established in 2018 by Law No. 177 of 2018 and amended by Law No. 177 of 2020,[5] with the aim of contributing to the financial economic development of Egypt through the management of funds and assets owned or transferred to it, as well as investing in many different economic activities.
The Fund's Board of Directors consists of a non-executive chairman who is the Minister of Planning and Economic Development, the membership of the executive director of the Fund, and representatives from the Ministry of Planning, Ministry of Finance, the Central Bank of Egypt, and the General Authority for Investment and Free Zones, in addition to seven independent members with experience.[6]
The Sovereign Fund of Egypt includes four affiliated subfunds operating in many fields, In 2020, The Sovereign Fund of Egypt ranked 43rd among 93 sovereign wealth funds globally in terms of asset size in a set of rankings created by the Sovereign Wealth Fund Institute,[7][8] The capital of the fund is about 11.2 billion US dollars.[9]
^"Egyptian Sovereign Fund chief receives bt100 award". Egypt today. 3 March 2020. Retrieved 6 September 2022.
^"Al-Sisi directs strengthening Egypt's sovereign fund role to attract investments". Dailynewsegypt (in Arabic). 6 September 2022. Retrieved 6 September 2022.
^"السيادي المصري يتجه إلى رفع رأسماله إلى 64 مليار دولار". اندبندنت عربية. 9 July 2021. Retrieved 6 September 2022.
^"Egypt's sovereign fund aims to increase investment portfolio to LE 22-23B". Egypt today. 6 December 2021. Retrieved 6 September 2022.
^"The Egypt Fund Becomes an Associate Member of IFSWF". IFSWF. Retrieved 6 September 2022.
^""مهامه.. مشروعاته.. مجلس إدارته.. رأسماله".. كل ما تريد معرفته عن صندوق مصر السيادي". الأهرام (in Arabic). 20 October 2020. Retrieved 6 September 2022.
^"Egypt's TSFE attracts $3.3 billion in investments from Arab sovereign funds in 2022". Ahram. 24 August 2022. Retrieved 6 September 2022.
^"Egypt targets adding LE50-60B of exploited assets at disposal of Sovereign Fund". Egypt today. 8 June 2020. Retrieved 6 September 2022.
^"Sisi ratifies 'Egypt Fund' for mega national projects". Egypttoday. 19 August 2018. Retrieved 6 September 2022.
^"Sub-funds". The Sovereign Fund of Egypt. Retrieved 6 September 2022.
^"Egypt signs MoUs with UK-based companies to support green hydrogen development". Ahram. 29 August 2022. Retrieved 6 September 2022.
^"Iconic El-Tahrir Complex building to be turned into unique hotel". Ahram. 10 August 2022. Retrieved 6 September 2022.
^"Egypt to offer foreign investors a large share in power plants". al-monitor. 25 November 2019. Retrieved 6 September 2022.
^"Misr insurance company ownership transferred to Egypt's sovereign fund". Ahram online. 14 March 2023. Retrieved 8 May 2023.
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Wikimedia Commons has media related to The Sovereign Fund of Egypt.
sovereign, fund, egypt, arabic, صندوق, مصر, السيادي, sovereign, wealth, fund, owned, arab, republic, egypt, established, 2018, 2018, amended, 2020, with, contributing, financial, economic, development, egypt, through, management, funds, assets, owned, transfer. The Sovereign Fund of Egypt Arabic صندوق مصر السيادي is a Sovereign wealth fund owned by the Arab Republic of Egypt 4 Its established in 2018 by Law No 177 of 2018 and amended by Law No 177 of 2020 5 with the aim of contributing to the financial economic development of Egypt through the management of funds and assets owned or transferred to it as well as investing in many different economic activities The Sovereign Fund of Egyptصندوق مصر السياديCompany typeSovereign wealth fundIndustryInvestmentFounded2018 6 years ago 2018 HeadquartersCairo EgyptKey peopleAyman Soliman CEO 1 Hala el Said chairman 2 Total assets12 billion 3 OwnerEgyptWebsitetsfe wbr com The Fund s Board of Directors consists of a non executive chairman who is the Minister of Planning and Economic Development the membership of the executive director of the Fund and representatives from the Ministry of Planning Ministry of Finance the Central Bank of Egypt and the General Authority for Investment and Free Zones in addition to seven independent members with experience 6 The Sovereign Fund of Egypt includes four affiliated subfunds operating in many fields In 2020 The Sovereign Fund of Egypt ranked 43rd among 93 sovereign wealth funds globally in terms of asset size in a set of rankings created by the Sovereign Wealth Fund Institute 7 8 The capital of the fund is about 11 2 billion US dollars 9 Contents 1 Sub funds 2 Investments 3 See also 4 References 5 External linksSub funds editThe Sovereign Fund of Egypt is included on four affiliated sub funds 10 TSFE Tourism Real estate amp Antiquities sub fund TSFE Healthcare amp Pharma sub fund TSFE Infrastructure amp Utilities sub fund TSFE Financial Services amp Fintech sub fund Investments editThe fund participates in green hydrogen projects inside Egypt 11 It has owned The Mogamma 12 the land of the former National Party the Global Village the land of the Ministry of Interior in Cairo It has owned a part of the three power stations in Egypt created by Siemens Borollos New Administrative Capital and Beni Suef 13 It has owned 100 in Misr Insurance Holding Company 14 See also editEconomy of Egypt List of countries by sovereign wealth funds References edit Egyptian Sovereign Fund chief receives bt100 award Egypt today 3 March 2020 Retrieved 6 September 2022 Al Sisi directs strengthening Egypt s sovereign fund role to attract investments Dailynewsegypt in Arabic 6 September 2022 Retrieved 6 September 2022 السيادي المصري يتجه إلى رفع رأسماله إلى 64 مليار دولار اندبندنت عربية 9 July 2021 Retrieved 6 September 2022 Egypt s sovereign fund aims to increase investment portfolio to LE 22 23B Egypt today 6 December 2021 Retrieved 6 September 2022 The Egypt Fund Becomes an Associate Member of IFSWF IFSWF Retrieved 6 September 2022 مهامه مشروعاته مجلس إدارته رأسماله كل ما تريد معرفته عن صندوق مصر السيادي الأهرام in Arabic 20 October 2020 Retrieved 6 September 2022 Egypt s TSFE attracts 3 3 billion in investments from Arab sovereign funds in 2022 Ahram 24 August 2022 Retrieved 6 September 2022 Egypt targets adding LE50 60B of exploited assets at disposal of Sovereign Fund Egypt today 8 June 2020 Retrieved 6 September 2022 Sisi ratifies Egypt Fund for mega national projects Egypttoday 19 August 2018 Retrieved 6 September 2022 Sub funds The Sovereign Fund of Egypt Retrieved 6 September 2022 Egypt signs MoUs with UK based companies to support green hydrogen development Ahram 29 August 2022 Retrieved 6 September 2022 Iconic El Tahrir Complex building to be turned into unique hotel Ahram 10 August 2022 Retrieved 6 September 2022 Egypt to offer foreign investors a large share in power plants al monitor 25 November 2019 Retrieved 6 September 2022 Misr insurance company ownership transferred to Egypt s sovereign fund Ahram online 14 March 2023 Retrieved 8 May 2023 External links edit nbsp Wikimedia Commons has media related to The Sovereign Fund of Egypt Official website Portals nbsp Egypt nbsp Business Retrieved from https en wikipedia org w index php title The Sovereign Fund of Egypt amp oldid 1192898940, wikipedia, wiki, book, books, library,
