Minister of Investment and Foreign Trade, Hassan El-Khatib, stated that the government aims to double the assets and investments managed by the Sovereign Fund of Egypt (TSFE) to better reflect the true value of Egypt’s economy.

Speaking at the Egyptian Venture Capital Summit 2025, El-Khatib emphasized that the government's objective is to maximize returns from underutilized state assets by managing them effectively through innovative strategies and private sector partnerships.

 Established in 2018, the TSFE has a capital of approximately $12.7 billion and currently manages $637 million in assets. It operates through four sub-funds focused on various economic sectors, according to official data.

The minister highlighted that Egypt is undergoing a transition phase, shifting from state-driven economic management over the past decade to empowering the private sector to lead economic development.

This transformation is part of a broader strategy to enhance Egypt’s economic competitiveness and sustainability.

To support this shift, the government is working to improve the business environment, encourage private sector involvement in economic decision-making, and increase the global competitiveness of Egypt’s economy.

These efforts aim to attract more foreign direct investments (FDI) by streamlining business procedures, simplifying regulations, and removing barriers for investors.

El-Khatib further stated that the ministry is actively working to create an investor-friendly climate by strengthening institutional and legislative frameworks, reducing bureaucratic hurdles, and facilitating investment procedures.

 Additionally, financial, monetary, trade, and regulatory reforms are being implemented to enhance investor confidence and facilitate Egypt’s foreign trade flows.

The minister also pointed out that the government has adopted clear and incentivizing policies to reduce non-tax financial and procedural burdens on investors. Among these efforts, work is underway to reduce customs clearance times, which will significantly improve trade competitiveness and lower logistical costs.

 This initiative is expected to positively impact Egypt’s business environment and generate substantial cost savings for the economy.

Looking ahead, Egypt aims to improve its global trade rankings and position itself among the top 50 economies worldwide in terms of trade performance.

The government is also working towards achieving a major boost in exports, further solidifying Egypt’s role as a key player in regional and international markets.