SWFs and Egypt – A Fresh Look at Infrastructure Funding and Investments

by Asim Ali, Shatha Al-Aswad

This paper argues that “neighborly investment” by the Persian Gulf states and their Sovereign Wealth Funds (SWFs) – in the post-political transitioning but financially distressed and capital starved Egypt and other countries in the region – would be a positive step towards their diversification and development objectives.

Focusing their investments on generating tangible stakes in a maturing economy where future capital flows can enhance the long term targets of their SWFs rather than building intangible stakes in ailing economies where the outcome is vague and the prospect of growth is marginal.

SWFs and Egypt – A Fresh Look at Infrastructure Funding and Investments