TSFE among largest 50 Sovereign funds globally: Egypt’s presidency
The Spokesperson for the Egyptian Presidency Ahmad Fahmy announced Sunday that Egyptian President Abdel Fattah al-Sisi was briefed on the projects and activities of The Sovereign Fund of Egypt (TSFE).
The meeting noted that the TSFE is among the world’s 50 largest sovereign funds, despite its recent establishment in 2018 and multiple regional and international challenges over the past years.
The TSFE aims to increase and develop the size and scope of investments in Egypt, with a focus on priority sectors for the development and growth of the national economy.
These include digital transformation, health, education, the industry, agriculture, green hydrogen and water desalination.