Counselor Mohamed El‑Homsani, official spokesperson for
the Prime Minister’s Office, said the meeting reviewed the status of companies
transferred to the Sovereign Fund of Egypt, as well as the fund’s real estate
portfolio and upcoming investment offerings.
El‑Homsani added that the meeting
also assessed the performance of assets managed by the fund, including holding
companies and public-private partnership investments that have achieved notable
successes.
He explained that the meeting highlighted certain assets
that have been offered for investment and attracted interest from several
investors. These include the Ministries Square complex and the Ministries of
Industry and Tourism and Antiquities. It was emphasized that these assets will
not be sold but will instead be utilized through investment partnerships with
the state under usufruct agreements to ensure optimal use.
El‑Homsani noted that the meeting
also reinforced the vital role of the Sovereign Fund of Egypt in maximizing
returns on government assets and ensuring their best utilization.
He added that efforts will continue to strengthen the fund’s
ability to attract more investments, in line with the Egyptian state’s strategy
to fully leverage its state-owned entities and companies.