(MENAFN)CNBC Arabiya interview quoted Ayman Suliman as saying that the Sovereign Fund of Egypt is exploring investment opportunities in the fintech sector with a focus on small and medium projects.
The chief executive officer of the fund declared further declared that the tourism sector allocates 20-20 percent of the fund's total investments.
The official also referred to the fund’s plans to transform the historic Bab Al-Azab area in Cairo’s Salah Al-Din Al-Ayoubi Citadel into the first integrated innovation zone in the Middle East and North Africa.
A number of projects in the health sector are also being evaluated such as the growth of pharmaceutical exports, he added.
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