GAFI invites Bahraini investors to seek investment opportunities in Egypt

Tue, 06 Apr 2021 - 02:01 GMT

GAFI chief's remarks were made during a set of bilateral meetings with Bahraini investors as part of his current visit to Bahrain for talks on mechanisms of beefing up joint cooperation and seeking more Bahraini investments to Cairo.

GAFI head discusses with businessmen investment chances, challenges

Fri, 04 Dec 2020 - 08:18 GMT

Executive Director of the General Authority for Investment and Free Zones (GAFI) Mohamed Abdel Wahab on Thursday met with a number of investors an businessmen, with Chairman of the Customs Authority El Sayed Negm attending.

GAFI approves 31 new projects with investments of $1.1 billion

Sun, 22 Nov 2020 - 02:03 GMT

Abdel Wahab stated in a statement that the investment costs of these new projects amounted to $ 1.1 billion, and the capital of $ 417 million, during the period from January to September.

GAFI approves establishment of new investment area for Emaar Misr with investments of LE 40B

Sun, 22 Nov 2020 - 11:47 GMT

The Emaar Investment Zone will provide 77,000 job opportunities.

GAFI CEO follows up progress in renovation works at Port Said Free Zone

Fri, 06 Nov 2020 - 03:44 GMT

They also tackled investment opportunities and challenges facing investors, as well as national projects implemented in the governorate.

GAFI head confers with S. Korean amb. on increasing investments in Egypt

Mon, 26 Oct 2020 - 12:23 GMT

The meeting focused on success stories of South Korean companies operating in Egypt, especially in the fields of electronics and home appliances.

GAFI CEO confers with Bahraini ambassador on enhancing investments to Egypt

Mon, 12 Oct 2020 - 02:42 GMT

The GAFI chief also noted that the authority is coordinating with the Bahraini Council for Development to brief the business community in Manama on the latest developments in the Egyptian economy.

Planning Minister, GAFI’s Executive Director discuss details of the structural reform program

Sat, 03 Oct 2020 - 04:33 GMT

El-Said stressed the importance of the private sector's participation in the design, implementation, and follow-up of the structural reforms program as a key partner for development.

LG to boost its investments in Egypt by US$10 mln in 2020

Thu, 03 Sep 2020 - 11:21 GMT

This will boost the company's investments by US$200 million annually.

GAFI chief inspects free zone in Qena's Qift

Tue, 25 Aug 2020 - 02:45 GMT

The visit comes within a framework of the State's investment in setting up more development projects in Upper Egypt.

GAFI, Benya Capital heads discuss manufacturing optical fiber cables in Egypt

Sun, 23 Aug 2020 - 02:09 GMT

They also reviewed a number of vital projects including establishing the largest factory for manufacturing optical fiber cables in Egypt, Africa and the Arab world, with investments exceeding LE 1 billion at the Suez Canal Economic Zone.

GAFI chairman, Chargé d'Affaires of UAE embassy in Cairo discuss investment opportunities

Thu, 20 Aug 2020 - 10:45 GMT

During the meeting, Kaabi lauded the strong relations between both sides, highlighting the important role of the GAFI in facilitating the work of the UAE businessmen.

GAFI chief: Government keen to create jobs for youth nationwide

Mon, 17 Aug 2020 - 01:54 GMT

Abdel Wahab continues his visits to different governorates to discuss development plans and investment opportunities there.

GAFI chief discusses luring further Japanese investments

Thu, 13 Aug 2020 - 02:34 GMT

The Japanese side lauded the GAFI's role in providing all facilitation for Japanese companies working in the country, in addition to its efforts to attract more Japanese investments.

GAFI chief discusses Amazon plans for expansion in Egypt

Wed, 12 Aug 2020 - 11:52 GMT

During the meeting, the two sides discussed an Amazon's proposal to develop transport services, through using private cars to transfer light cargo.

GAFI acting to ease obstacles hindering completion of projects

Wed, 29 Jul 2020 - 01:54 GMT

CEO Mohamed Abdel Wahab stressed the importance of measures taken by the government to improve the investment climate.

GAFI executive director reviews future investment plans of Kraft Heinz in Egyptian market

Tue, 28 Jul 2020 - 04:03 GMT

The company's future strategies were shown to include pumping new investments in the Egyptian market exceeding LE 920 million in the coming five years with 14 new production lines covering the local demand and exporting purposes.

GAFI: Establishment of companies index hiked in June over 15%

Mon, 20 Jul 2020 - 02:58 GMT

Abdel Wahab was reviewing a report with Prime Minister Mostafa Madbouli, saying that 1,672 companies had been established in June compared to 1,449 companies in the same period in 2019.

15.4% increase in newly-established firms during June: GAFI

Mon, 13 Jul 2020 - 12:47 GMT

The surge in the number of firms led to a 71.7 increase in the capital of exports of these companies in June to record LE 7.9 billion, against LE 4.6 billion in June 2019.

GAFI, EDA probe upgrading pharmaceutical, medical supplies' industries

Thu, 02 Jul 2020 - 11:42 GMT

The meeting also tackled putting into effect all measures required to forge ahead with developing and shoring up local production of medical equipment.