Egypt’s SWF bylaws expected by month-end: The bylaws and regulations of our forthcoming EGP 200 bn sovereign wealth fund will be done and public by the end of this month, Planning Minister Hala El Said said, according to Youm7. The bylaws are now with the Council of State (Maglis El Dawla) for final review. Reports had previously suggested that procedures to set up the fund would begin within a month of finishing the bylaws and naming a chief executive. El Said confirmed that the latter will happen by early February. The selection committee has so far interviewed 12 shortlisted candidates.

And the Omanis are patiently waiting for all this to happen: A delegation from the Oman Investment Fund, the sultanate's SWF, will be in town in the coming days to discuss establishing a joint Egyptian-Omani fund, El Said said separately, according to Al Masry Al Youm. The fund, for which the planned capital will be announced during the visit, is expected to kick off once Egypt’s SWF is up and running. The Omani side is eyeing the tourism and manufacturing sectors.