Egypt issues Golden Licenses to Beko Egypt, Bosch to establish home appliance factories

Sun, 28 May 2023 - 12:25 GMT

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.

Egypt's GAFI chairman holds meetings with investors in UAE on sidelines of AIM2023

Sun, 14 May 2023 - 04:37 GMT

Heiba also visited a number of factories in the free zone, agreeing on the organization of an Egyptian-Emirati business forum.

Egypt's GAFI wins 1st place in MENA at AIM 2023 Global Awards for 5th consecutive year

Tue, 09 May 2023 - 12:04 GMT

That is for attracting VIVO Communication Technology Co. Ltd. to operate in Egypt.

Egypt's Benya, UAE's Khazna to establish high-density data center at Maadi Technology Park

Mon, 08 May 2023 - 12:46 GMT

Chairman of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba attended Monday the signing of an MoU between Benya, Khazna Data Centers, and Maadi Technology Park.

Samsung Electronics Egypt discusses expansion plans with GAFI chairman

Sun, 07 May 2023 - 02:20 GMT

The size of Samsung's current investments in Egypt amounts to $500 million, with sales worth $1.3 billion.

Toyota Tsusho is exploring establishing a car factory in Egypt | GAFI

Tue, 02 May 2023 - 03:18 GMT

Japan’s Toyota Tsusho is to establish two car factories in Africa, with an annual production capacity of 100k cars per factory, Egypt is one of the preferred countries for the country.

Egypt signs MoU with global firm to enhance investment climate

Sun, 16 Apr 2023 - 01:36 GMT

GAFI Chairman Hossam Heiba noted in the signing ceremony that the protection of intellectual property is essential.

80 Swiss companies operate in Egypt: ambassador

Thu, 13 Apr 2023 - 03:12 GMT

Swiss Ambassador to Cairo Yvonne Baumann made the statement Thursday at a meeting of the Egyptian-Swiss Business Association.

GAFI chairman meets with representatives of Sumitomo Corporation Group

Tue, 11 Apr 2023 - 04:12 GMT

Chairman of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba met Tuesday the representatives of Sumitomo Corporation Group.

GAFI aims to resolve investors' problems: Chairman

Mon, 10 Apr 2023 - 03:19 GMT

Heiba, meanwhile, vowed that 80 percent of the problems facing investors will be resolved before June 30.

Egypt studies issuance of 40 golden licenses: GAFI chairman

Sun, 26 Mar 2023 - 04:00 GMT

Chairman of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba made the statement to Al Arabiyah Sunday.

Egypt, Georgia sign MoU on green business, logistics

Mon, 20 Mar 2023 - 01:50 GMT

The signing took place on the sidelines of the Egyptian-Georgian Business Forum's meeting.

Haier Group lays foundation stone of Egypt's 1st Ecological Industrial Park

Wed, 15 Mar 2023 - 02:35 GMT

Chairman of the General Authority of Investment and Free Zones (GAFI) Hossam Heiba and Haier Group Chairman of the Board and CEO Zhou Yunjie laid Wednesday the foundation stone.

Beneficiaries of 'Your Idea Your Company' initiative amounts to 120K: GAFI chairman

Wed, 08 Mar 2023 - 02:04 GMT

Chairman of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba stated Wednesday that the number of beneficiaries of "Your Idea Your Company" initiative had amounted to 120,000.

Over 2K Chinese firms have investments in Egypt worth $8B: GAFI chairman

Mon, 20 Feb 2023 - 02:40 GMT

Chairman of the General Authority for Free Zones and Investment (GAFI) Hossam Heiba stated Monday that the total value of Chinese investments in Egypt is $8 billion.

Egyptian firms, Uzbek government sign 7 MoUs in 5 sectors

Sun, 19 Feb 2023 - 03:37 GMT

The General Authority for Free Zones and Investment (GAFI) hosted Sunday in Cairo the meetings of the Egyptian-Uzbek Business Council.

Egypt's GAFI garners UNCTAD's award of excellence in promoting sustainable investment in agribusiness

Tue, 15 Nov 2022 - 01:46 GMT

GAFI's winning project is the Canal Sugar Company.

Egypt's GAFI invites Qatari investors to apply on 'Golden License'

Mon, 31 Oct 2022 - 01:56 GMT

The General Authority for Free Zones and Investment (GAFI) held talks with a Qatari business delegation to probe ways of boosting Qatari investment inflows.

Sisi: Private sector’s contribution to Egypt’s economy 70-75%, state to remove investment obstacles within 2 months

Tue, 27 Sep 2022 - 11:30 GMT

Sisi made his remarks on Tuesday during the inauguration of a number of projects belonging to the General Authority for Investment and Free Zones (GAFI).

President Sisi inaugurates projects of General Authority for Investment, Free Zones

Tue, 27 Sep 2022 - 08:23 GMT

The president inaugurated via video two free zones in Qalyoubia's Benha and Dakahlia's Mit Ghamr that belong to GAFI.