UAE Khalifa Fund to pump $200 mln in Egypt in 5 years

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Abu Dhabi’s Khalifa Fund for Enterprise Development plans to pump $200 million into Egyptian market in the coming five years, its chairman Hussain Al Nowais announced Thursday.

The money will be pumped in the North African country through Khalifa Fund’s strategic partner, Egyptian Social Fund for Development (SFD), Al Nowais said in an interview with the country’s state channel One.