{"id":567899,"date":"2020-12-10T04:11:49","date_gmt":"2020-12-10T04:11:49","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/10\/the-egypt-saudi-investment-fund-could-finally-be-becoming-a-thing\/"},"modified":"2020-12-10T04:11:49","modified_gmt":"2020-12-10T04:11:49","slug":"the-egypt-saudi-investment-fund-could-finally-be-becoming-a-thing","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/10\/the-egypt-saudi-investment-fund-could-finally-be-becoming-a-thing\/","title":{"rendered":"The Egypt-Saudi Investment Fund could finally be becoming a thing"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <strong>The Egyptian and Saudi governments have drafted a final agreement to launch the<\/strong> <strong>long-dormant <\/strong><strong><a href=\"https:\/\/enterprise.press\/stories\/2018\/03\/05\/egypt-saudi-agree-to-establish-sar-60-bn-joint-investment-fund-deepen-cooperation-during-sisi-and-mbs-first-meeting\/\">Saudi-Egypt investment fund<\/a><\/strong>, according to <a href=\"https:\/\/bit.ly\/3lZYCLY\">a cabinet statement<\/a> following a meeting between Prime Minister Moustafa Madbouly and Saudi Minister of State Issam bin Saad bin Saeed. The fund\u2019s mandate will focus on \u201cpriority sectors\u201d including tourism, healthcare, pharma, ports and infrastructure, education, food, and digital payments and financial services, the statement said.<\/p>\n<p><strong>A refresher: <\/strong>The joint fund was first proposed back in 2016. The plan was to create a joint SAR 60 bn vehicle, but progress stalled over the past four years, and a previous agreement to launch <a href=\"https:\/\/enterprise.press\/stories\/2018\/03\/05\/egypt-saudi-agree-to-establish-sar-60-bn-joint-investment-fund-deepen-cooperation-during-sisi-and-mbs-first-meeting\/\">in 2018<\/a> has so far come to nothing. A Saudi official told Reuters back then that Riyadh will provide funding to help develop the Egyptian side of NEOM (Saudi\u2019s robot utopia).<\/p>\n<p><strong>Yes, but when is it going to launch?<\/strong> That remains one of the key unanswered questions.<\/p>\n<p><strong>Reminder: The Saudi wealth fund is also eyeing up Egypt.<\/strong> The Public Investment Fund <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/98c54d9a-2459-4b32-8d46-fb244ff8b21c\">could invest in Egyptian projects alongside the Sovereign Fund of Egypt<\/a>, bin Saad said last month. We\u2019re still none the wiser on what the two funds are cooking up.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Egyptian and Saudi governments have drafted a final agreement to launch the long-dormant Saudi-Egypt investment fund, according to a cabinet statement following a meeting between Prime Minister Moustafa Madbouly and Saudi Minister of State Issam bin Saad bin Saeed. The fund\u2019s mandate will focus on \u201cpriority sectors\u201d including tourism, healthcare, pharma, ports and infrastructure, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":567900,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7272],"tags":[73,72,503,7115,7111,125,427,219,238],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-567899","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment-watch","tag-education","tag-enterpriseam","tag-financial-services","tag-healthcare","tag-infrastructure","tag-investment-watch","tag-pharma","tag-saudi-arabia","tag-tourism","wpautop","entry"],"acf":{"mongo_id":"e0eb3879-52db-4332-80b3-de0511b70df4","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2020\/12\/199.jpg","photo_position":"above","related_issue":[567886],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>The Egypt-Saudi Investment Fund could finally be becoming a thing - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/10\/the-egypt-saudi-investment-fund-could-finally-be-becoming-a-thing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Egypt-Saudi Investment Fund could finally be becoming a thing\" \/>\n<meta property=\"og:description\" content=\"The Egyptian and Saudi governments have drafted a final agreement to launch the long-dormant Saudi-Egypt investment fund, according to a cabinet statement following a meeting between Prime Minister Moustafa Madbouly and Saudi Minister of State Issam bin Saad bin Saeed. The fund\u2019s mandate will focus on \u201cpriority sectors\u201d including tourism, healthcare, pharma, ports and infrastructure, [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/10\/the-egypt-saudi-investment-fund-could-finally-be-becoming-a-thing\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-10T04:11:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2020\/12\/199.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/10\/the-egypt-saudi-investment-fund-could-finally-be-becoming-a-thing\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/10\/the-egypt-saudi-investment-fund-could-finally-be-becoming-a-thing\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"The Egypt-Saudi Investment Fund could finally be becoming a thing\",\"datePublished\":\"2020-12-10T04:11:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/10\/the-egypt-saudi-investment-fund-could-finally-be-becoming-a-thing\/\"},\"wordCount\":202,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/10\/the-egypt-saudi-investment-fund-could-finally-be-becoming-a-thing\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2020\/12\/199.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Education\",\"EnterpriseAM\",\"financial services\",\"healthcare\",\"infrastructure\",\"investment watch\",\"pharma\",\"Saudi Arabia\",\"tourism\"],\"articleSection\":[\"Investment Watch\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/10\/the-egypt-saudi-investment-fund-could-finally-be-becoming-a-thing\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/10\/the-egypt-saudi-investment-fund-could-finally-be-becoming-a-thing\/\",\"name\":\"The Egypt-Saudi Investment Fund could finally be becoming a thing - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/10\/the-egypt-saudi-investment-fund-could-finally-be-becoming-a-thing\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/10\/the-egypt-saudi-investment-fund-could-finally-be-becoming-a-thing\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2020\/12\/199.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2020-12-10T04:11:49+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/10\/the-egypt-saudi-investment-fund-could-finally-be-becoming-a-thing\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/10\/the-egypt-saudi-investment-fund-could-finally-be-becoming-a-thing\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/10\/the-egypt-saudi-investment-fund-could-finally-be-becoming-a-thing\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2020\/12\/199.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2020\/12\/199.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/10\/the-egypt-saudi-investment-fund-could-finally-be-becoming-a-thing\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The Egypt-Saudi Investment Fund could finally be becoming a thing\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"The Egypt-Saudi Investment Fund could finally be becoming a thing - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/10\/the-egypt-saudi-investment-fund-could-finally-be-becoming-a-thing\/","og_locale":"en_US","og_type":"article","og_title":"The Egypt-Saudi Investment Fund could finally be becoming a thing","og_description":"The Egyptian and Saudi governments have drafted a final agreement to launch the long-dormant Saudi-Egypt investment fund, according to a cabinet statement following a meeting between Prime Minister Moustafa Madbouly and Saudi Minister of State Issam bin Saad bin Saeed. The fund\u2019s mandate will focus on \u201cpriority sectors\u201d including tourism, healthcare, pharma, ports and infrastructure, [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/10\/the-egypt-saudi-investment-fund-could-finally-be-becoming-a-thing\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2020-12-10T04:11:49+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2020\/12\/199.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/10\/the-egypt-saudi-investment-fund-could-finally-be-becoming-a-thing\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/10\/the-egypt-saudi-investment-fund-could-finally-be-becoming-a-thing\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"The Egypt-Saudi Investment Fund could finally be becoming a thing","datePublished":"2020-12-10T04:11:49+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/10\/the-egypt-saudi-investment-fund-could-finally-be-becoming-a-thing\/"},"wordCount":202,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/10\/the-egypt-saudi-investment-fund-could-finally-be-becoming-a-thing\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2020\/12\/199.jpg?fit=%2C&ssl=1","keywords":["Education","EnterpriseAM","financial services","healthcare","infrastructure","investment watch","pharma","Saudi Arabia","tourism"],"articleSection":["Investment Watch"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/10\/the-egypt-saudi-investment-fund-could-finally-be-becoming-a-thing\/","url":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/10\/the-egypt-saudi-investment-fund-could-finally-be-becoming-a-thing\/","name":"The Egypt-Saudi Investment Fund could finally be becoming a thing - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/10\/the-egypt-saudi-investment-fund-could-finally-be-becoming-a-thing\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/10\/the-egypt-saudi-investment-fund-could-finally-be-becoming-a-thing\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2020\/12\/199.jpg?fit=%2C&ssl=1","datePublished":"2020-12-10T04:11:49+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/10\/the-egypt-saudi-investment-fund-could-finally-be-becoming-a-thing\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2020\/12\/10\/the-egypt-saudi-investment-fund-could-finally-be-becoming-a-thing\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/10\/the-egypt-saudi-investment-fund-could-finally-be-becoming-a-thing\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2020\/12\/199.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2020\/12\/199.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/10\/the-egypt-saudi-investment-fund-could-finally-be-becoming-a-thing\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"The Egypt-Saudi Investment Fund could finally be becoming a thing"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2020\/12\/199.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2020\/12\/199.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2020\/12\/199.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":547445,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/22\/usd-8-bn-from-ksa-and-much-morepossibly-usd-30-bn-more\/","url_meta":{"origin":567899,"position":0},"title":"USD 8 bn from KSA and much more\u2026Possibly USD 30 bn more.","author":"enterpriseam admin","date":"22 June 2022","format":false,"excerpt":"Egypt signed 14 investment agreements with Saudi Arabia worth USD 7.7 bn during Crown Prince Mohamed bin Salman\u2019s visit to Cairo yesterday, the Madbouly cabinet said in a statement yesterday. The agreements cover key sectors including energy, tech, food, and pharma and were signed during a meeting of Egyptian and\u2026","rel":"","context":"In &quot;Investment Watch&quot;","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/6\/268.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":575991,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/05\/saudi-arabia-could-be-about-to-invest-in-egypt-alongside-the-sovereign-fund-of-egypt\/","url_meta":{"origin":567899,"position":1},"title":"Saudi Arabia could be about to invest in Egypt alongside the Sovereign Fund of Egypt","author":"enterpriseam admin","date":"5 November 2020","format":false,"excerpt":"Saudi Arabia could be about to invest in Egypt alongside the Sovereign Fund of Egypt: Saudi Arabia\u2019s sovereign wealth fund is considering investing in Egyptian projects alongside the Sovereign Fund of Egypt, Saudi State Minister Issam bin Saad said during talks with Prime Minister Moustafa Madbouly and SFE head Ayman\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":548377,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/07\/saudi-wealth-fund-sets-up-company-to-invest-in-egypt\/","url_meta":{"origin":567899,"position":2},"title":"Saudi wealth fund sets up company to invest in Egypt","author":"enterpriseam admin","date":"7 August 2022","format":false,"excerpt":"Introducing the SEIC: Saudi Arabia\u2019s sovereign wealth fund has set up a company to manage its investments in Egypt as it prepares to deploy bns of USD in the country in the coming months, it said in a statement on Thursday. The Saudi Egyptian Investment Company (SEIC) will act as\u2026","rel":"","context":"In &quot;Investment Watch&quot;","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/8\/157.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":547556,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/27\/a-30-stake-in-the-new-hotels-company-will-be-up-for-grabs-the-saudis-have-their-eyes-on-the-stake-in-egyptalum\/","url_meta":{"origin":567899,"position":3},"title":"A 30% stake in the new hotels company will be up for grabs + the Saudis have their eyes on the stake in Egyptalum","author":"enterpriseam admin","date":"27 June 2022","format":false,"excerpt":"PIF has its eyes on our tourism and aluminum sectors: The Saudi sovereign wealth fund could be snagging a \u201csignificant\u201d stake in the new hotels company made up of several merged state hotels, Hapi Journal quotes Public Enterprises Minister Hisham Tawfik as saying. The Public Investment Fund (PIF) could snag\u2026","rel":"","context":"In &quot;Investment Watch&quot;","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/6\/310.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":577575,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/28\/does-pif-want-more-of-eipico\/","url_meta":{"origin":567899,"position":4},"title":"Does PIF want more of EIPICO?","author":"enterpriseam admin","date":"28 November 2022","format":false,"excerpt":"Among the other stories we\u2019re paying attention to this morning:PHARMA- EIPICO says it hasn\u2019t been formally told Saudi\u2019s PIF wants to up its stake: EIPICO IR Manager Abdel Raheem Ghareeb tells us that the company has not received any official notice that Saudi Arabia\u2019s Public Investment Fund (PIF) intends to\u2026","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/451.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":582921,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/15\/aman-wants-to-launch-in-saudi-arabia-within-3-months-plus-money-gb-auto-daras-ice-cream-finmin-appoints-sukuk-company-board\/","url_meta":{"origin":567899,"position":5},"title":"Aman wants to launch in Saudi Arabia within 3 months. PLUS: Money GB Auto + Dara\u2019s Ice Cream, FinMin appoints sukuk company board","author":"enterpriseam admin","date":"15 March 2023","format":false,"excerpt":"Aman is working with a mystery Saudi partner to launch in the kingdom","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/1\/Aman-Holding-1600px.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/567899","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=567899"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/567899\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/567886"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/567900"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=567899"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=567899"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=567899"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=567899"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=567899"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}