With an anticipated capital of $300m, EAEF is committed to promote financial inclusion, job creation, and increased foreign and domestic investment in Egypt with a broader target of long-term sustainable economic development.
To date, EAEF committed over $75m in Egypt in 2015.
Earlier in November, the fund's board member Hani Sarie El-Din said EAEF aims to increase its investments in the Egyptian market to $1bn.
Although EAPs can be defined in many ways--the EAEF defines them as "work-based program[s] to improve organizational performance through the provision of structured management and employee support services (EAEF 2004)--they are now mostly seen as programs designed to help work organizations address employee behavioral problems that cause (or could cause) productivity issues.
The EAP market in Europe as a whole is as yet fairly undeveloped, but the EAEF is keen to promote the highest standards of practice and develop the EA offering in a growing number of European countries.