Thursday 12/March/2026 – 04:22 PM
Dr. Mostafa Madbouly, Chairman cabinetThis evening, a meeting was held to follow up on the efforts of the Sovereign Fund of Egypt in maximizing the return on state-owned assets. This was in the presence of Dr. Hussein Issa, Deputy Prime Minister for Economic Affairs, Dr. Mohamed Farid, Minister of Investment and Foreign Trade, and a number of officials from the Ministry of Investment and the Sovereign Fund of Egypt.
At the beginning of the meeting, the Prime Minister stressed that the state gives top priority to maximizing the return on the assets it owns through the pivotal role of the Sovereign Fund of Egypt. As an investment arm that transforms untapped resources into sustainable development opportunities, in an effort to consolidate Egypt’s position as a leading regional center for attracting foreign investments, through strategic partnerships with the private sector that enhance the flexibility of the national economy and guarantee the rights of future generations.
The Prime Minister is following the efforts of the Sovereign Fund of Egypt to maximize the return on state assets
The Prime Minister explained that the Sovereign Fund of Egypt plays a pivotal role in implementing the government IPO program as a professional platform that ensures attracting quality capital, within the state’s goals to deepen the private sector’s participation in economic activity, which contributes to driving sustainable growth rates and providing new job opportunities.
Counselor Mohamed Al-Homsani, the official spokesman for the Presidency of the Council of Ministers, stated that the meeting witnessed a review of the executive summary of the most prominent assets managed by the Sovereign Fund of Egypt, whether through holding companies, or joint investments with the private sector, as well as the portfolio of lands and real estate assets.
The official spokesman for the Presidency of the Council of Ministers indicated that the meeting also touched on the position of the most important investment real estate assets, including the mechanisms for presenting them to local and international developers, and the position of studying and evaluating the offers submitted. This is in light of the strategic value of each asset and its level of excellence, to ensure optimal investment benefit that maximizes returns and contributes to generating cash flows in foreign currency, through the implementation of unique residential projects, distinctive administrative and commercial units, in addition to expanding hotel rooms to support the country’s tourism capabilities.
Counselor Muhammad Al-Homsani added that the meeting discussed the proposal to launch new specialized investment funds. As specialized financing tools to support priority sectors and maximize the role of the private sector, while promoting areas with high growth potential, pointing out that the proposals included industrial investment funds to expand the export base, and a real estate investment fund that aims to organize investment through digital platforms and empower individuals and institutions, in addition to funds to support innovation, research and development in the health field.
The meeting also reviewed the mechanisms for launching specialized investment funds in the African market, to serve as a platform for expanding the work of Egyptian companies on the continent, in addition to the Athletes’ Support Fund aimed at strengthening Egypt’s position as a regional center for sports.
