Cairo – Mubasher: The Sovereign Fund of Egypt has created four new sub-funds for infrastructure and utilities, tourism and real estate, healthcare services and pharmaceutical industries, as well as financial services and digital transformation.
The sub-funds were established in accordance with a decree issued by the Minister of Planning and Economic Development and the Chairman of the fund, Hala El-Saeed, according to the Official Gazette.
Each sub-fund has an authorised capital of EGP 30 billion and an issued capital of EGP 500 million.
