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PM reviews progress of investment projects of Sovereign Fund of Egypt

Prime Minister Mustafa Madbouli held Sunday a meeting to get familiar with the progress in the investment projects of the Sovereign Fund of Egypt.

The meeting grouped Planning Minister Hala el Saeed, CEO of the Sovereign Fund of Egypt Ayamn Suleiman, and other officials.

During the meeting, el Saeed expounded the Fund’s plan to attract more than $ 10 billion of foreign investments in one year, according to the instructions of President Abdel Fattah El Sisi.

She also explained the cooperation plans with other Arab sovereign funds, including Abu Dhabi Holding Company, the Saudi Public Investment Fund (PIF), Qatar Investment Authority, Mumtalakat Holding Company, and others.

Source: State Information Service Egypt

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