PM reviews Sovereign Fund’s efforts to lure foreign investments

Egypt’s Prime Minister Moustafa Madbouli Monday has followed up on efforts exerted by the Sovereign Fund of Egypt to lure foreign investments.

This came during a meeting Monday with Planning and Economic Development Minister Hala el Saeed, the Fund’s Executive Director Ayman Soliman and Head of the Fund’s Investment Sector Abdalla ElEbiary, in the presence of some senior officials.

Spokesman for the Cabinet Nader Saad said in statements that the meeting discussed planned investments in projects of water desalination stations.

Saad added the meeting also probed the volume of planned investments in green hydrogen projects, whose agreements were signed on the sidelines of COP27.