Matouk Bassiouny name partner advised on legislation establishing EGP 200 bn sovereign wealth fund

Matouk Bassiouny advised on legislation establishing EGP 200 bn sovereign wealth fund: Matouk Bassiouny’s head of finance and projects and name partner Mahmoud Bassiouny provided legal counsel to the investment and planning ministries on drafting the legislation establishing Egypt’s EGP 200 bn sovereign wealth fund, according to an emailed statement. The fund, the establishment of which received Cabinet approval last week, will be charged with investing state funds locally and abroad across asset classes and will be tapped to manage under-utilized assets.