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Wednesday, 12 September 2018

What we’re tracking on 12 September 2018

**#4 SWF manager wanted: The Madbouly government is advertising for a manager to take over the EGP 200 bn Egypt sovereign wealth fund, according to an advertisement placed on page 4 of yesterday’s Financial Times (image below, tap the image or click here for larger view). The application deadline is 27 September. Baker McKenzie, Sarie Eldin, PwC are expected to finish the outline of the framework and governing structure for the wealth fund in October, Planning Minister Hala El Said had said. The lawyers are also working on the terms of reference for the fund’s investment decision-making process.

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