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Dr. Mohamed Farid, Minister of Investment and Foreign Trade, met with Dr. Gohar Nabil to discuss leveraging investment fund models as a mechanism to provide innovative and sustainable financing products aimed at supporting and developing promising sports talents. The meeting included the participation of Mahmoud Gabrial, Assistant Head of the Financial Regulatory Authority (FRA); Sally George, Deputy Head of the FRA for Investment Funds; Ahmed Abou El Saad, CEO of Azimut Investments in Egypt and Head of Asset Management for North, Middle East & Turkey; Khalil El-Bawab, Head of Markets at Beltone; Mostafa Magdy, Assistant Minister of Youth and Sports for Strategic Affairs and Information; Dr. Abdullah El-Bahar, Deputy Minister for Marketing, Investment, and Commercial Affairs; along with senior officials from both ministries.

Dr. Farid emphasized that the proposal aims to utilize investment fund models to provide innovative and sustainable financing products that support sports talents and activities, enabling promising athletes to achieve regional and international successes.

Financial Sustainability

He highlighted that such funds help achieve financial sustainability while fostering a professional social environment that serves the sports ecosystem. Over the past five years, the state has invested heavily in sports infrastructure, and these funds can provide critical financial support to ensure long-term achievements in sports.

Dr. Nabil affirmed that President Abdel Fattah El-Sisi has directed attention toward youth and athletes, especially in underserved governorates, providing necessary support. He noted the importance of such initiatives to strengthen sports, particularly individual sports, and support Egypt’s athletes in achieving success on the international stage.

He also emphasized that the Ministry of Youth and Sports works closely with other ministries, authorities, and institutions to maximize resources and open new avenues for sports investment. Establishing an investment fund for sports represents a qualitative step to strengthen public-private partnerships and provide professional financing mechanisms that align with international standards, ensuring continuity of support, equal opportunities, and the preparation of a new generation of champions who can elevate Egypt’s name in continental and global competitions.