Latest in Tag: General Authority for Investment and Free Zones Highlight
Latest in Tag: General Authority for Investment and Free Zones

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

Egypt organises training workshop on South Sudan investment
Workshop was organised by Egyptâs GAFI and Foreign Ministry, and South Sudanâs Investment Ministry

Analytics offer recipe to further flourish relations with US
US companies in Egypt reached 1,576 by end of June: GAFI

Chilean investments in Egypt amount to $250m
Egypt, Chile to form technical working groups to study feasibility of concluding FTA between two countries.

GAFI approves establishment of new investors’ services centre in Red Sea
The board of the General Authority For Investment and free zones (GAFI), held a meeting headed by the Minister of Investment and International Cooperation (MIIC), Sahar Nasr and GAFI’s CEO, Mohsen Adel, where the board approved the establishment of new investors’ services centre in Red Sea on a land area of 4,000m. The Red Sea’ …

GAFI signs MoU with OBG to cooperate in constructing its economic report on Egypt in 2019
Mona Zobaa, CEO of the General Authority for Investment and Free Zones (GAFI), signed a memorandum of understanding (MoU) with Oxford Business Group (OBG), under which GAFI will cooperate with OBG as an official partner in the research on its report on Egypt for 2019. Zobaa added that this report will have great importance and …

GAFI established 18,620 new companies from June 2017 to date
New companies to generate 58,500 jobs, says GAFI Chairperson Mona Zobaa

Danish companies study investments in different sectors in Egypt: GAFI chairperson
We encourage Danish investors to invest in Egypt owing to its importance in the region, says Danish ambassador

KEH considers injecting investment worth $1bn into Egypt
The company plans to establish a multi-service city with a residential complex, shopping and administrative mall

Mercedes considers increasing investments in Egypt: GAFI
Indomie studies building a factory to export to Kenya, relying on Egyptian raw materialsÂ

GAFI holds meeting with World Bank to discuss means of improving investment climate
The government and the political leadership are prioritising the improvement of Egyptâs investment climate and attracting foreign investments, says GAFI chairperson

New Investment Law: investors have doubts, experts want more for attracting foreign investments
For a long time now, since the 25 January Revolution in 2011, the successive governments have come to office knowing that Egypt needs to implement reforms in order to attract new foreign investments to create job opportunities and increase its gross domestic product (GDP).

GAFI pledges to support Egypt’s private sector to broaden its business in Africa
Authority works to establish genuine partnership with Africa owing to the availability of necessary resources and capabilities, says executive chairpersonÂ

Trade violators will not be prohibited but rather subjected to tighter controls: EFSA
Lawsuit filed against board members of three companies listed on the EGX for manipulating stocks

Investment law amendment to allow all parties to allocate land: sources
The unified law means that the land would be allocated to investors directly without having to coordinate with GAFI, according to El-Dakak

Investment Ministry to redraw Egyptâs investment map in line with orientations of the state, desires of investors
A committee will be formed to review the Investment Law and extra incentives to encourage and reassure investors, says Abou Al-Ela

GAFI increases bank outlets at branches nationwide to speed up proceedings: Investment Minister
Steps taken to improve quality and efficiency of services by activating electronic link mechanism with stakeholders, says Salman

EGX urges GAFI, Commercial Registry office to approve companies’ decisions promptly
Chairman of Egyptian Exchange expects Domty to be the first company to sell its shares during 2016

GAFI to be restructured to accelerate delivery of services to investors: Investment Ministry
Cabinet in consultations to grant non-tax incentives for labour-intensive projects that rely on local components

Amer Groupâs net profits in 9 months decline to EGP 111m
Splitting up the group, paying back securitisation deal main/temporary reasons behind decline in profits, says Investor Relations Manager

Amendments to the investment law before end of 2015: GAFI Chairman
Full agreement with the taxes and customs authorities over the special free zones, says Alaa Omar

Investment Ministry receives 100 governorate projects for âUpper Egypt Developmentâ Conference
Assiut debuts Dry Bulk Port project with investments of $ 170m, Qena debuts cement plant with investment EGP 1bn

No reconciliation sessions between EATC parties, final word is for the court: Ezz Eldin
Poor performance and financial manipulation are most notable issues affecting EATC

Administrative Court rules favourably for Sinai companiesâ EGX listing
EFSA expresses surprise at decision taken without GAFI approval
GAFI signs free trade zone agreement with Ajman Free Zone: Al-Hashemi
Ajman plans Egyptian free trade zone cooperation to support SMEs, economic growth

Government considers new iron, cement licences to fill local gap
Consultations with GAFI Board on final draft of amendments to investment guarantees and incentives to take place within a week

$10bn total UAE investments in Egypt: GAFI head
UAE ranks second on list of Arab countries with most investments in Egypt after Saudi Arabia
Egypt, UAE MoU increases free zones cooperation: GAFI Chairman
Cooperation to include organising investment and free zones conferences and UAE-Egyptian economic meetings

Committee makes recommendations to solve 20 land and tax disputes: Justice minister
Government aims to settle investorsâ disputes, revive economic confidence, mobilise new investments

Three companies request approval on new energy, tourism projects: GAFI chairman
Three companies have requested approval for renewable energy, tourism projects worth EGP 1bn