
MPs oppose GAFI’s decision to impose extra fees on free zones’ investors
“This is a very negative decision which will be a setback for Egypt’s investment climate that began to recover in the last few months,” says Amer
“This is a very negative decision which will be a setback for Egypt’s investment climate that began to recover in the last few months,” says Amer
The General Authority for Investment and Free Zones (GAFI) will launch three new investment zones, four general free zones, in addition to a specialised free zone in the coming weeks. The statement was declared by Mohsen Adel, GAFI’s chairperson, over his speech on Monday at the Hapi Investment conference titled “The Effective Growth”. Adel said …
About 15 projects in Egypt’s free zones have expanded their businesses by $1bn, in addition to other 65 new projects with estimated investments of $265m, the Minister of Investment and International Cooperation, Sahar Nasr, said on Monday. There are 1,090 projects in Egypt’s free zones with a total capital of $12.1bn and foreign direct investments …
Automation of work procedures in free zones to be generalised, says Nasr
Number of projects in Egypt’s free zones reached 1,102, said minister of investment
The government will support investors in free zones amid strict rules, says Nasr
Mobile phone manufacturers demand exemption from custom duty on manufacturing components
Ministerial committee headed by minister of local development to follow up on preparations for organising investment conference in Upper Egypt, says Salman
The project represents global competition for the region in the fields of advanced logistics and industrial services as well as commerce, tourism, information technology, agriculture, and real estate.
Eradication of bureaucracy, stability of regulations and establishment of free zones are among prerequisites for attracting investors, the association says