Published by Jakarta Globe on October 12, 2026
By Jayanty Nada Shofa
President Prabowo Subianto revealed an initiative to establish a joint investment fund involving investment institutions from Indonesia and Egypt—specifically, BPI Danantara and the Sovereign Fund of Egypt (TSFE).
A joint statement published over the weekend said Danantara had been in discussions with the Future of Egypt for Sustainable Development agency on a “strategic cooperation,” and that the talks had shown “tangible progress.” It suggested the partnership could focus on palm oil and phosphate fertilizers.
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