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The Egyptian Sovereign Fund Authority announced the establishment of a subsidiary fund for industrial investment with a capital of one billion Egyptian pounds, aimed at strengthening Egypt's industrial sector. The fund seeks to attract both local and foreign investments, and to develop industrial projects and supporting services through partnerships with the private sector and investment institutions, in accordance with principles of governance and transparency to achieve sustainable investment returns. The fund's duration is 99 years, with the possibility of extension, and its goal is to support industrial development and diversify investments in line with the best international standards.
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