Egypt’s SFE may sell stakes in Wataniya, 3 Siemens-built power to Saudi Arabia’s PIF
The Sovereign Fund of Egypt (SFE) is looking at the possibility of cooperation with Saudi Arabia’s sovereign, wealth fund Public Investment Fund (PIF), selling stakes in military-owned Wataniya Petroleum and the three Siemens-built power plants is on the table according to SFE head Ayman Soliman
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SFE head Ayman Soliman told Al Arabiya TV (watch, runtime: 9:45) that he Public Investment Fund (PIF), is aiming at investing in green- and brownfield projects in Egypt’s healthcare, education, agriculture and financial services sectors
