Latest in Tag: GAFI Highlight
Latest in Tag: GAFI

Emigration Minister, GAFI discuss establishing joint-stock company for Egyptian expatriates
These are recommendations that came out of the third edition of the Conference of Egyptian Entities Abroad that was held at the New Administrative Capital (NAC) in August.

GAFI, Americana Foods discuss expansion in Egyptian market
Americana Foods plans to add new production lines, with investments worth $26m

FRA, GAFI form committee to improve investment environment
Committee to submit reports periodically to both administrations to urgently consider common issues: Farid

Industry Minister, GAFI Chairperson discuss facilitating industrial investment procedures
Ministry is keen to facilitate procedures for investors to obtain industrial approvals, licences, says Minister Samir

GAFI, Saudi National Real Estate Committee discuss attracting new investments to Egypt
The meeting was attended by Muhammad Abdullah Abdul-Aziz Al-Murshed, Chairperson of the Committee; Tarek Shoukry, President of the Real Estate Development Chamber; and representatives of 27 major Saudi companies in the field of real estate development, industry, agriculture, and building materials.

GAFI chief intensifies efforts to attract Qatari investments to Egypt
Abdel Wahab meets Qatari Businessmen Association, Qatar Investment Authority leaders

GAFI chief visits Doha to discuss boosting investment cooperation
Abdel Wahab reviewed the investment opportunities of interest to Qatari investments, which are consistent with the economic trends of the two countries, especially in chemical and petrochemical industries, financial services, logistics services, real estate development, and tourism sectors.

Government attaches great importance to attracting environmentally friendly investments: GAFI
The meeting was attended by representatives of major Polish companies in the fields of smart city construction and management, green technology, environmentally friendly construction and building, representatives of the Polish Investment and Trade Agency, and the Board of Directors of the Polish Development Bank.

GAFI chief briefs 24 foreign ambassadors on government’s investment incentives
Authority is keen to improve business environment, solve challenges facing investors, says Abdel Wahab

GAFI, FRA, ITIDA sign protocol to create legislative, procedural environment for investment in Egypt
The protocol also includes finding innovative solutions that fit the nature of the work of emerging companies, facilitating their transactions, and creating a suitable work environment for entrepreneurs to attract local and international capital to form partnerships and finance the growth of start-up companies in Egypt.

CBE, GAFI, and I-Score agree to exchange data electronically, facilitate procedures for investors
Protocol facilitates investment procedures by directly linking banks to GAFI instead of current paperwork cycle

GAFI evaluates in-kind contribution to Ghazl El-Mahalla FC capital increase
Authority to complete assessment of club’s football stadium, training facilities usufruct rights evaluation within a week

Egypt’s GAFI approves 13 new free zone projects worth $167m in January-April 2021
Total of 9,434 companies established in period, compared to 6,778 during same period in 2020

CTP to establish business parks with $600m investments in Egypt
Company builds on 22 years of experience in Europe, and experience in industry and logistical development, says Raymond Foss

EGX, GAFI agree to facilitate register of securities on stock market
Executive committee to be formed to activate cooperation, says EGX Chairperson Mohamed Farid

GAFI explores ways to boost Bahraini investments in Egypt
This will occur alongside the coordination with the Bahrain Economic Development Board (EDB), to keep Bahrain’s business communities informed of the latest economic developments in Egypt.

GAFI facilitates residency application procedures for foreign investors
The move comes as part of the authority’s efforts to improve the investment climate and encourage more foreign direct investment to Egypt.

GAFI approves EGP 600m IDG e-square investment zone projects
The approval for the projects came during the authority’s meeting with the zone’s Board of Directors, chaired by GAFI Executive Director, Mohamed Abdel Wahab. Also present at the meeting was Shady William, Managing Director at the IDG e-square investment zone.

GAFI, Benya discuss technological infrastructure development in Egypt
GAFI Chief stresses importance of private sector participation in state-implemented technological projects

GAFI, Siemens discuss German business engagement in Egypt
Company has committed to three 14.4GW power plants in Egypt, at a total cost of €6bn, among other projects

GAFI, Souq.com discuss Amazon’s future plans in Egypt
Amazon expresses desire to continue expanding in Egyptian market, particularly in electronic payment services

GAFI approves 30 new CPC Holding projects
Authority urges CPC to issue licences for projects as soon as possible to begin operations

GAFI allows online booking for investor services: Executive Director
Face-to-face appointments available following online appointment bookings, precautionary measures remain in effect

Gamea, Abdel Wahab, 70 investors discuss industrial sector challenges
We will respond to all points raised during the meeting on Thursday, says Gamea

PM, GAFI CEO discuss assisting free zones’ financially distressed companies
They discussed preparation of Egyptian-South Korean business forum

CIT Minister, GAFI Head discuss investment services facilitation
During the meeting, Talaat praised the existing cooperation between the CIT and GAFI, which resulted in the achievement of many development projects in GAFI through the mechanisation of business and services in the framework of digital transformation projects.

GAFI holds its third regular meeting with investors
Best way to attract new investments is to solve problems facing existing ones, says Abdel Wahab

GAFI looks into new offer to establish $350m industrial complex in Aswan
PM Madbouly follows up on the authority’s work

GAFI to offer 403 investment opportunities in Qaliubiya, Giza soon
Meit Ghamr zone’s investors praise services, utilities supervised by MIIC

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