{"id":625476,"date":"2018-08-06T03:50:28","date_gmt":"2018-08-06T03:50:28","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/06\/endowments-ministry-could-establish-two-funds-with-egp-3-bn-in-capital-soon\/"},"modified":"2018-08-06T03:50:28","modified_gmt":"2018-08-06T03:50:28","slug":"endowments-ministry-could-establish-two-funds-with-egp-3-bn-in-capital-soon","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/06\/endowments-ministry-could-establish-two-funds-with-egp-3-bn-in-capital-soon\/","title":{"rendered":"Endowments Ministry could establish two funds with EGP 3 bn in capital soon"},"content":{"rendered":"

The Endowments Ministry is considering launching two investment funds with a combined capital of EGP 3 bn that would rise gradually to EGP 10 bn over two years, Minister Mohamed Gomaa said, Amwal Al Ghad reports. We had heard earlier this year<\/a><\/u> that the ministry had tapped EFG Hermes, Beltone, and CI Capital to help restructure its asset portfolio, which has been initially valued at EGP 800 bn and includes real estate and land in Greece. The ministry had also expressed interest in investing<\/a><\/u> EGP 1 bn in the EGX this year.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Endowments Ministry is considering launching two investment funds with a combined capital of EGP 3 bn that would rise gradually to EGP 10 bn over two years, Minister Mohamed Gomaa said, Amwal Al Ghad reports. We had heard earlier this year that the ministry had tapped EFG Hermes, Beltone, and CI Capital to help […]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[9298],"tags":[2372,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-625476","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"6e00fe59-da0d-40b0-ac61-9ab2bda86f7e","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"Endowments Ministry could establish two funds with EGP 3 bn in capital soon","related_issue":[625447],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.b7d15cb4-11bb-45ab-b88c-eb2bbe9140a1.mp3"},"yoast_head":"\nEndowments Ministry could establish two funds with EGP 3 bn in capital soon - 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\/2018\/08\/06\/endowments-ministry-could-establish-two-funds-with-egp-3-bn-in-capital-soon\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Endowments Ministry could establish two funds with EGP 3 bn in capital soon\" \/>\n<meta property=\"og:description\" content=\"The Endowments Ministry is considering launching two investment funds with a combined capital of EGP 3 bn that would rise gradually to EGP 10 bn over two years, Minister Mohamed Gomaa said, Amwal Al Ghad reports. We had heard earlier this year that the ministry had tapped EFG Hermes, Beltone, and CI Capital to help […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/06\/endowments-ministry-could-establish-two-funds-with-egp-3-bn-in-capital-soon\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-08-06T03:50:28+00:00\" \/>\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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/06\/endowments-ministry-could-establish-two-funds-with-egp-3-bn-in-capital-soon\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/06\/endowments-ministry-could-establish-two-funds-with-egp-3-bn-in-capital-soon\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Endowments Ministry could establish two funds with EGP 3 bn in capital soon\",\"datePublished\":\"2018-08-06T03:50:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/06\/endowments-ministry-could-establish-two-funds-with-egp-3-bn-in-capital-soon\/\"},\"wordCount\":100,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"BANKING + FINANCE\",\"EnterpriseAM\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/06\/endowments-ministry-could-establish-two-funds-with-egp-3-bn-in-capital-soon\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/06\/endowments-ministry-could-establish-two-funds-with-egp-3-bn-in-capital-soon\/\",\"name\":\"Endowments Ministry could establish two funds with EGP 3 bn in capital soon - 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