Dr. Mostafa Madbouly, Prime Minister, Dr. Hala El-Said, Minister of Planning and Economic Development, and Dr. Ayman Ashour, Minister of Higher Education and Scientific Research, witnessed today the signing of a shareholders’ agreement between the Sovereign Fund of Egypt, represented by the Egypt Education Development Fund, and Al Ahly CIRA for Educational Services. This joint venture between CIRA Education, the largest investor in private education in Egypt, Al Ahly Capital Holdings (ACH), The National Bank of Egypt’s private equity arm, and the Education Support and Development Authority aims to establish a new company to develop four new international university models in Egypt, combining a unique blend of branches of international universities and technological universities. The new universities will be established in collaboration with a number of prestigious global educational institutions from Canada, Switzerland, Germany, and the United States through partners who will be announced upon the finalization of the relevant cooperation agreements. This public-private partnership underscores the joint commitment of various stakeholders to achieving excellence and fostering innovation in educational services. It ensures that students in Egypt benefit from the best educational curricula that meet global standards, significantly enhancing Egypt’s educational landscape.
About us
The Sovereign Fund of Egypt was established in 2018 to attract private investments to Egypt and promote and co-invest in state-owned assets to maximize their value and efficiency for the Egyptian economy. The Fund is independently managed, through senior executives from the private sector, seeking to select investable assets from public stakeholders to promote and co invest in with local and foreign specialized and financial partners to create value, increase the private sector’s role in the economy and create jobs for Egypt’s young population. The Fund’s clout, acting through its special law, allows it to unlock unique assets for investors and engage the government to help implement structural reforms, ultimately increasing diversified economic growth. The Sovereign Fund of Egypt operates in accordance with globally accepted best practices in all respects, from its clear and disciplined investment focus to its governance. The Fund is overseen by a board of directors as well as a general assembly, both bodies having majority private sector members. The Sovereign Fund of Egypt was established in accordance with Law 177 of 2018; its articles of association were published in February 2019 by Prime Ministerial Decree 555 of 2019.
- Website
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http://www.tsfe.com
External link for The Sovereign Fund of Egypt
- Industry
- Financial Services
- Company size
- 201-500 employees
- Headquarters
- Cairo, Zamalek
- Type
- Public Company
- Founded
- 2018
Locations
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Primary
Get directions
3 Abou El Feda St.
Cairo, Zamalek, EG
Employees at The Sovereign Fund of Egypt
Updates
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Join our CEO, Ayman Soliman at the largest, most respected gathering of stakeholders for Africa’s energy sector #aef24 in Barcelona, Spain, 25-28 June 2024, where governments from across the continent come to meet international investors, other governments and global energy leaders. This year’s theme is "Energy Systems of the Future – Balancing Africa's Needs with Global Goals" underscoring the commitment to navigate the evolving energy landscape and pursuing progress and opportunity, as well as ensuring African voices are at the forefront while striving for a harmonious alignment between the continent’s requirements and the mounting imperative of achieving global energy objectives. You can find out more about the forum and register here: https://bit.ly/3Pm92XP See you in Barcelona! #aef24 #energy #powerafrica #africaforafrica #energytransition EnergyNet Ltd.
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Join our CEO, Ayman Soliman among other leading experts next week in Rotterdam at this year's World Hydrogen Summit & Exhibition 2024, 13-15 May. A fantastic opportunity to engage with 15,000 hydrogen professionals and over 500 exhibitors at the largest and most senior global hydrogen event! See you in Rotterdam! For registration: https://lnkd.in/eg8iXRra View the program: https://lnkd.in/gXsSntZF #WorldHydrogen2024 #hydrogen #h2 #netzero #energy
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Don't miss out Amr Elhamy AboulEnein, CEO of TSFE Tourism, Real Estate, and Antiquities Sub Fund, as he dives into the world of realestate investing with industry leaders, financial experts and developers at Invest-Gate 2024 RE Roundtable, to discover and redefine strategies for success in Egypt's realestate market. See you on February 14th - 9AM to 5PM at the Nile Ritz Carlton, Alf Leila We Leila Ballroom! For Registration: https://lnkd.in/drvBUv47 #RealEstateInvesting #FinancialInnovation #EgyptMarket #TSFE
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