General Authority for Investment and Free Zones

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 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.

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 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.

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 head announces fresh incentives for projects

Thu, 09 Apr 2020 - 04:45 GMT

Under the new measures, the GAFI projects will be allowed to sell up to 50 percent of their products at the local markets for six months.

20 new projects approved by GAFI within 5 months

Thu, 16 Jan 2020 - 12:22 GMT

These projects provided 890 job opportunities.

Egypt’s share of global FDI increases compared to 2017: GAFI

Thu, 25 Oct 2018 - 10:18 GMT

GAFI added that private investments hiked 47 percent, to reach LE 316 billion, compared to LE 213 billion during 2017.

Egypt seeks to increase volume of investment, growth rate: Mohsen Adel

Tue, 31 Jul 2018 - 02:06 GMT

Adel pointed out that the past period witnessed a transformation in the economic structure.

GAFI boss receives delegation of 70 Egyptian, Lebanese businessmen

Wed, 18 Jul 2018 - 02:31 GMT

The delegation was accompanied by members of the Egyptian Lebanese Businessmen Friendship Association under Fathallah Fawzy.

GAFI contacts newly-established companies to solve all obstacles facing them

Mon, 16 Jul 2018 - 10:13 GMT

Mona Zobaa said GAFI launched a nationwide survey to follow up the statuses of the projects being conducted and highlight the hardships they are facing to overcome.

Bringing British Business Home

Tue, 07 Nov 2017 - 09:40 GMT

Egypt targets UK investors amid Brexit uncertainty.

Saudi investments in Egypt stable: GAFI

Sun, 05 Nov 2017 - 02:37 GMT

A number of 4,309 Saudi companies are investing in Egypt, with capital inflows of $7.218 billion.

Singaporean firm to take over investment zones planning: GAFI

Sun, 17 Sep 2017 - 10:07 GMT

GAFI would still be responsible for receiving investment offers, maps, work sites, ports and airports studies.

GAFI approves establishing 4 investment regions in Suez, Luxor

Thu, 14 Sep 2017 - 12:06 GMT

The board of directors of the General Authority for Investment and Free Zones approved establishing investment zones in Suez and luxor.