These properties represent a significant portion of the national asset portfolio under the Fund’s management, particularly assets linked to the state’s insurance sector.
The agreements pertain to the restructuring and offering of a group of companies affiliated with the Authority.
The PM pointed out the significant opportunities available for public business sector companies, either through public listings on the Egyptian stock exchange or by attracting strategic investors.
Since its launch in 2018, TSFE has attracted 43% of Egypt's total foreign direct investment (FDI), amounting to EGP 37 billion.
Soliman’s resignation was somewhat expected, with one source stating that the government was looking to introduce fresh faces into key positions as part of a broader reshuffle
