Ayman Soliman, CEO of The Sovereign Fund of Egypt (TSFE), has said that the green economy that Egypt has recently adopted is promising, adding that green hydrogen-related sectors are attractive to investment.
He pointed out that the logistics sector is one of the most promising sectors for investment for the sovereign fund, as it participates in four strategic warehouses for commodities in cooperation with the Ministry of Trade and Industry in order to raise the stock of strategic commodities in Egypt.
In a related context, Soliman touched on the partnership with EFG Hermes in acquiring the Arab Investment Bank with the aim of penetrating the non-bank financial sector to support the state’s efforts to boost financial inclusion.
He noted that the Sovereign Fund chooses its partners based on the extent of compatibility of visions towards the desired investment, pointing out that this criterion was based on the selection of the Tahrir Complex development partner. He added that they aim to turn the Tahrir Complex into a hotel.