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Egypt set to transfer state-owned enterprises to its sovereign wealth fund

Editors
Egypt set to transfer state-owned enterprises to its sovereign wealth fund
This picture taken on August 1, 2023 shows a view of the exterior facade of the new headquarters of Egypt's Central Bank at the New Administrative Capital megaproject about 45 kilometres east of the current capital Cairo. (Photo by Khaled DESOUKI / AFP) (Photo by KHALED DESOUKI/AFP via Getty Images)

Egypt is set to transfer management of state-owned enterprises to its sovereign wealth fund, aiming to enhance returns on state assets, Investment Minister Hassan El Khatib announced Wednesday. This move is part of a broader divestment program to strengthen private sector involvement, a stipulation linked to an $8 billion IMF loan extension. Khatib detailed the strategy at the Investopia 2025 conference in Abu Dhabi, indicating the transfer will occur in phases.

Published in: Egypt, Funds, investment
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