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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
Al-Sisi ratifies new Investment Law’s amendments
GAFI to conduct high-level surveys to accurately calculate FDIs
GAFI, MSMEDA agree to further promote investment in 3 local zones
GAFI to extend its protocol with CAPMAS to facilitate founding of new firms
462 Swiss companies operate in Egypt with $1.6bn investments: GAFI
160 guests including Swiss ambassador attended SCC’ national day celebration
GAFI further simplifies licensing procedures for companies
Decision eliminates condition of organising field checking visits to companies, says statement
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, parliament to discuss amendments to Law 159 to regulate bonds market
Authority’s CEO stressed Egypt’s attractiveness for FDIs following CBE’s estimation
GAFI to launch three investment areas, four free zones at different locations
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 …
Egyptian-Kuwaiti cooperation bonds remain robust
There are 1,258 Kuwaiti firms operating in Egypt with $3.67bn investments, says GAFI
GAFI farewells paper documents, turns to digitalisation
Firms’ founding procedures will be electronically implemented
GAFI’s board discusses establishment of 19 new investment free zones
Automation of work procedures in free zones to be generalised, says Nasr
GAFI adjusts regulations of transfer of partners’ shares in limited liability companies
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 …
Supreme Media Council addresses GAFI to suspend Mo4 over mocking Egyptian passport
El Fasla magazine mocked Egyptian passport saying: “with your Egyptian passport you can roam rural areas”
13,000 companies established within 7 months, an increase of 12%: GAFI
Service sector accounts for largest investment share, amounting to EGP 20.9bn
Abdel Wahab reappointed as GAFI deputy CEO
Mohamed Abdel Wahab was reappointed as deputy Chief Executive Officer (CEO) of the General Authority for Free Zones and Investment (GAFI). Shehab El Din was appointed as GAFI deputy CEO since August 2017 and was legal adviser to the minister of investment and international cooperation since 2015. He participated in amending some laws and regulations, …
GAFI, Egyptian Chamber of Commerce expected to visit Philippines in H2 2018
Authority completed one-week tour of Philippine industrial, technological parks
Mohsen Adel appointed as CEO of GAFI
Egyptian Prime Minister and acting Minister of Housing Mostafa Madbouly has appointed on nTuesday Mohsen Adel as chief executive officer (CEO) of the General Authority for Investment and Free Zones (GAFI). With more than 15 years of financial experience, Adel is to replace the former CEO of GAFI Mona Zobaa. Minister of investment and international …
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
JETRO, GAFI to organise promotional investment conference in Europe
Boosting Japanese investments in Egypt is main goal, Takashi says
46th: Russia’s rank on list of countries investing in Egypt: GAFI
The General Authority for Investment (GAFI) revealed that Russia ranks 46th among the largest investors in Egypt and is expected to improve that ranking as economic cooperation between Egypt and Russia is currently growing. Earlier, GAFI declared that Egypt hopes to benefit from Russian experience in improving its ranking in global competitiveness indicators, noting that …
Nasr, El Moselhy sign protocol to link commercial registry offices with GAFI
Protocol aims at simplifying the procedures of licensing for investors and providing establishment and post-incorporation services, says Nasr
GAFI agrees to establish 3 investment zones in Greater Cairo
The authority approved Majid Al Futtaim Properties to establish two investment zones in Mall of Egypt and City Centre Almaza Mall
GAFI launches investment map before the end of 2017: CEO
Egypt lives in the fourth generation of investment and focuses on integrated development projects, Zobaa said
GAFI approves establishing 4 investment zones in Suez, Luxor
The board of General Authority for Investment and Free Zones (GAFI), headed by Minister of Investment and International Cooperation Sahar Nasr, approved establishing four investment zones in governorates of Suez and Luxor. Nasr affirmed the importance of working quickly on the development of investment zones and improve all facilities in, to be suitable to attract …
Communications, Investment ministers discuss mechanization of GAFI services
The second phase of the project will be completed within 6 months
1,741 companies established with total capital of EGP 3.6bn in March: GAFI
The General Authority for Investment (GAFI) announced that it has established 1,741 new companies with total investments of EGP 3.6bn in March. The GAFI report said that about 60.2% of the new companies, equivalent to 1,048, were ranked in the first class in accordance with Law No. 8 for 1997. The second class included 693 …
IFC mission is to start evaluating investment procedures in March
The minister assigned leaders of the ministry to evaluate one-stop shop applied by GAFI