Egypt Sovereign Fund Placed Under Ministry of Investment Following Prime Minister’s Decree ...Egypt

Egypt’s Sovereign Fund (TSFE) has officially been placed under the Ministry of Investment and External Trade, following a decree issued by Prime Minister Mostafa Madbouly. The Egyptian Gazette reported the move as part of ongoing government efforts to strengthen the nation’s investment infrastructure. The decree, ratified by President Abdel Fattah Al-Sisi, also renamed the fund to the “Egyptian Sovereign Fund for Investment and Development,” reflecting a broader mandate to drive sustainable growth across multiple sectors. TSFE was originally created in 2018 as a private investment entity designed to foster partnerships with local and foreign investors, managing state assets to generate long-

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