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Executive committee to be formed to activate cooperation, says EGX Chairperson Mohamed Farid
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.
The move comes as part of the authority’s efforts to improve the investment climate and encourage more foreign direct investment to Egypt.
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 Chief stresses importance of private sector participation in state-implemented technological projects
Company has committed to three 14.4GW power plants in Egypt, at a total cost of €6bn, among other projects
Amazon expresses desire to continue expanding in Egyptian market, particularly in electronic payment services
Authority urges CPC to issue licences for projects as soon as possible to begin operations
Face-to-face appointments available following online appointment bookings, precautionary measures remain in effect
We will respond to all points raised during the meeting on Thursday, says Gamea
They discussed preparation of Egyptian-South Korean business forum
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.
Best way to attract new investments is to solve problems facing existing ones, says Abdel Wahab
PM Madbouly follows up on the authority’s work
Meit Ghamr zone’s investors praise services, utilities supervised by MIIC
“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
GAFI to conduct high-level surveys to accurately calculate FDIs
GAFI to extend its protocol with CAPMAS to facilitate founding of new firms
160 guests including Swiss ambassador attended SCC’ national day celebration
Decision eliminates condition of organising field checking visits to companies, says statement
US companies in Egypt reached 1,576 by end of June: GAFI
Egypt, Chile to form technical working groups to study feasibility of concluding FTA between two countries.
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’ …
Authority’s CEO stressed Egypt’s attractiveness for FDIs following CBE’s estimation
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 …
There are 1,258 Kuwaiti firms operating in Egypt with $3.67bn investments, says GAFI
Firms’ founding procedures will be electronically implemented
Automation of work procedures in free zones to be generalised, says Nasr
The General Authority for Investment and Free Zones (GAFI) said that the regulation for transferring the partners’ shares in limited liability companies in the investment law were adjusted. According to the new adjustments, the contract shall either include the authentication of the signatures from the competent real estate registration office, or by any other legal …
El Fasla magazine mocked Egyptian passport saying: “with your Egyptian passport you can roam rural areas”