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Egypt plans to launch its first sovereign fund by the end of the year and will begin a roadshow in the first half of 2019 to drum up private investment, the planning minister said.Egypt also plans to raise 100 billion pounds ($5.7 billion) by selling minority stakes in at least 20 state-owned enterprises on the stock market.The Egypt Fund will have an authorized capital of 200 billion Egyptian pounds ($11.2 billion), and will start with paid-in capital of 5 billion pounds, 20 percent of which will be injected by the government when it is set up.
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