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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 …

Shaimaa Al-Aees

1,276 companies with EGP1.9bn capital established in November: GAFI

The General Authority for Investment and Free Zones (GAFI) announced that 1,276 companies were established in November with a total capital of EGP 1.9bn, creating 7,942 job opportunities. In GAFI’s monthly report on established companies, 652 companies were established according to Law No. 8 of 1997, with 51.1% of the total capital value. The report …

Hisham Salah