Business hub – cairo
The Prime Minister of Egypt, Mostafa Madbouly, Yesterday, a meeting was held to find out the executive position of the plans and projects of the Sovereign Fund of Egypt, which works to attract a greater number of foreign direct investments during the coming period.
Abdullah Al-Ibiary explained, Head of the investment sector at the Sovereign Fund of Egypt, The state succeeded in attracting investments worth $3.3 billion from Arab sovereign funds this year. He added that the fund has also succeeded in attracting investments to private sector capital in various sectors, including real estate investment, antiquities development, industrial, green hydrogen, tourism and digital transformation.
The President of the Arab Republic of Egypt, Abdel Fattah Sisi, Attracting $40 billion in foreign direct investment within 4 years.