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Are Sisi’s state assets law amendments well-intentioned?

Egypt is to pass amendments to a law that would give Egyptian President Abdel Fattah al-Sisi the right to transfer the ownership of state assets to Egypt’s sovereign wealth fund without facing any objections.
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CAIRO — Egyptian Minister of Planning and Economic Development Hala al-Saeed met Jan. 7 with Sameh Shenouda, CEO of Zarou, a wholly-owned unit by US private equity firm Blackstone, to discuss investment opportunities with Egypt's sovereign wealth fund.

The minister said that the fund is confidently moving toward attracting investments in line with the sustainable development strategy Egypt Vision 2030.

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