Hassan Allam, Sovereign Fund of Egypt sign joint investment agreement: Our friends at Hassan Allam Holding and the Sovereign Fund of Egypt have signed an MoU invest in electricity, water, infrastructure, and renewable energy projects, the two parties said in a joint press release (pdf). The MoU will see the two partner with international co-investors on “high-impact, sustainable” investments, including greenfield and existing projects. “With the renowned international co-investors and leading technical experts we plan to bring into the equation, we are confident that not only will we lay the groundwork for more fruitful public-private partnerships, but that we will herald in both local and foreign investments,” Hassan Allam CEO Amr Allam said.

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