FILE - Chief Executive Officer of General Authority For Investment (GAFI) Mona Zobaa
CAIRO - 19 July 2018: Chairperson of the General Authority for Investment and Free Zones (GAFI) Mona Zobaa signed a memorandum of understanding (MoU) with Oxford Business Group (OBG) to cooperate in preparing Egypt's economic report for 2019.
In a statement released on Thursday, Zobaa said the GAFI looks forward to boosting cooperation and developing partnership with the OBG with regard to publishing its report about Egypt's economy for 2019.
The OBG is one of the most important economic platforms specialized in issuing reports about business practices in regional emerging economies.
The joint report will differ from previous reports produced by the OBG about Egypt's economy since the signing of the first MoU with the GAFI in this regard in 2011, she added.
Today's signed MoU comes at a time when the government pays unprecedented attention to the economic file through improving the investment climate and business environment, she noted.
The OBG report on Egypt is a key tool for many international investors to get more information about promising opportunities in different economic sectors in the country, she clarified.
Upon the MoU, the OBG is committed to posting the GAFI on press statements, interviews and any printing materials mentioned in the report.
The MoU states that the OBG has to provide 250 copies of the report to the GAFI.
In return, the GAFI pledges to make the report available for all foreign delegations and formal entities abroad, in addition to helping the OBG team conduct the report-related researches.
The OBG publishes authoritative reports and online economic briefings covering 34 countries around the world from its offices in Istanbul, Berlin, Dubai and London and a network of local bureaus in the countries in which it operates.