Sovereign Fund of Egypt launches EGP 10bn industrial sub-fund, minister tells S&P

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The Sovereign Fund of Egypt has launched a sub-fund focused on industrial investment with an authorized capital of EGP 10 billion and a paid-in capital of EGP 500 million, as announced by the Minister of Investment and Foreign Trade.

The Sovereign Fund of Egypt has launched a sub-fund for industrial investment with an authorised capital of EGP 10bn and a paid-in capital of EGP 500m, the minister of investment and foreign trade said.   Minister Mohamed Farid, who also chairs the sovereign fund’s board, disclosed the launch during a meeting with an S&P Global […] The post Sovereign Fund of Egypt launches EGP 10bn industrial sub-fund, minister tells S&P first appeared on Dailynewsegypt.