golden license
The General Authority for Investment and Free Zones (GAFI) issued six golden licenses for investments worth LE5.6 billion upping the total to 29.
This brings the total number of companies assigned the license to 24 companies, according to an official cabinet statement
The new “Silver License” will target startups and young companies, helping facilitate these companies’ business activities
Chairman of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba told press Monday that strategies are being set to bolster specific sectors.
Chairman of GAFI Hossam Heiba delivered Saturday two Golden Licenses to foreign investors operating in the sector of home appliances upping the total to 15.
Chairman of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba held a meeting Wednesday with the representatives of Mytilineos Holdings.
Chairman of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba made the statement to Al Arabiyah Sunday.
The General Authority for Free Zones and Investment (GAFI) held talks with a Qatari business delegation to probe ways of boosting Qatari investment inflows.
In statements to DMC TV station on Saturday, he added that the industry sector is the locomotive of development in Egypt and that giving more attention to industry will push forward the development wheel.
According to this license, investors will obtain a state’s single approval that enables them to buy/rent lands, operate, and manage the projects. The license could be extended for additional three months in case of achieving progress.
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