Egypt aims to raise the capital of its sovereign fund to one trillion poundsVisits : 97

Egypt aims to raise the capital of its sovereign fund to one trillion pounds

The Egyptian Minister of Planning and Economic Development said that it is intended to increase the issued capital of Egypts sovereign fund from 200 billion pounds to more than one trillion pounds.

Hala Al-Saeed added, in a planning statement issued today, Tuesday, that the establishment of Egypts sovereign fund comes as one of the effective partnership mechanisms between the public and private sectors.