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Egypt moves iconic state hotels under Sovereign Fund of Egypt
Good morning friends, and happy first Friday of Ramadan. It’s been a calmer-than-usual week in the press, and we’ve got…
Egypt readies Nile-front development plan to address hotel room shortage and divestment progress
The move is part of a wider plan that also includes a Nile-side financial and business district targeting global companies
Egypt to centralize historic hotels under Sovereign Fund of Egypt
The full plan is expected to be finalized before the end of the first half of the year.
The Sovereign Fund of Egypt becomes the new home for profitable state enterprises following Public Enterprises Ministry dissolution
Roughly 110 companies are expected to fall under the Sovereign Fund’s umbrella — either through capital injections or IPO placements
Gov’t to transfer oversight of public business sector companies companies to Sovereign Fund
Good afternoon, friends, and happy almost-weekend. We’ve got a packed issue for you today. At home, oversight of 110 companies…
Egypt signals an end to fire sales with USD 420 mn Gabal El Zeit exit
The government is set to announce the completion of the sale of the 580 MW Gabal El Zeit wind power…
Qatari-Egyptian consortium close to securing former NDP headquarters redevelopment project
The Sovereign Fund of Egypt is also examining several other offers for the project
Qatari-Egyptian consortium close to securing former NDP headquarters redevelopment project
Good afternoon, friends. The news cycle is still at pace. Analysts are holding their breath as political developments and global…
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