ADQ, Egypt’s Sovereign Fund follow up on joint investments

ADQ, Egypt’s Sovereign Fund follow up on joint investments

Minister of Planning and Economic Development Hala al-Said in the video conference meeting with ADQ representatives - Press Photo







CAIRO - 26 January 2021: Hala El-Said, Minister of Planning and Economic Development and Chairperson of the Board of Directors of The Sovereign Fund of Egypt (TSFE), held this week a meeting with Mohamed Hassan Al-Suwaidi, CEO of "Holding" (ADQ), and the company's senior management team, to follow up on the joint investment platform's work.

 

The platform was launched between Egypt and the United Arab Emirates. The meeting was attended by Ayman Soliman, Executive Director of Egypt's Sovereign Fund.

 

The meeting included following up on the steps of work and partnership between (TSFE) and the Emirati side in several projects, exchanging views on investment opportunities, and maximizing returns from the assets offered for investment.

 

The meeting also discussed the operational steps and timetables of the current projects in