Sovereign wealth fund

Egypt to launch Sovereign Wealth Fund in November
Business

Egypt to launch Sovereign Wealth Fund in November

The Egyptian government will launch the Sovereign Wealth Fund in November following meetings and negotiations between the fund’s executive manager…
Prime Minister issues regulation of Egypt’s Sovereign Wealth Fund
Business

Prime Minister issues regulation of Egypt’s Sovereign Wealth Fund

Prime Minister Mostafa Madbouly on Thursday issued the basic regulation of Egypt’s Sovereign Wealth Fund (SWF), which the government founded…
Egypt’s Sisi discusses economic reform with Central Bank governor
Economy

Egypt’s Sisi discusses economic reform with Central Bank governor

  Egyptian President Abdel Fattah al-Sisi held a meeting with Governor of the Central Bank of Egypt (CBE) Tarek Amer…
Saudi sovereign wealth fund takes $11B in its first loan
Middle East

Saudi sovereign wealth fund takes $11B in its first loan

  DUBAI, United Arab Emirates (AP) — Saudi Arabia’s sovereign wealth fund says it has taken its first loan, a…
Egypt to choose sovereign wealth fund manager in global competition: Planning Minister
Business

Egypt to choose sovereign wealth fund manager in global competition: Planning Minister

  Minister of Planning, Monitoring and Administrative Reformation Hala al-Said stated on Saturday that a ministerial committee would choose the…
Parliament approves Egypt’s first sovereign wealth fund
Economy

Parliament approves Egypt’s first sovereign wealth fund

Egypt’s parliament has agreed to establish a government-operated sovereign wealth fund to help boost the economy, in a move deemed…
Russia, Turkey to form joint investment fund: Russian minister
Business

Russia, Turkey to form joint investment fund: Russian minister

Russian Economy Minister Alexei Ulyukaev said on Sunday President Vladimir Putin and his Turkish counterpart Tayyip Erdogan had agreed to…
Battle between rival chairmen of Libya’s $67 billion fund reaches UK court
Business

Battle between rival chairmen of Libya’s $67 billion fund reaches UK court

A long-running dispute over the leadership of Libya's US$67 billion sovereign wealth fund reaches London's High Court on Monday, potentially…
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