GAFI

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.

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.

Procter& Gamble pumps more than $50M in Egypt during 2020/21

Sun, 21 Jun 2020 - 01:15 GMT

He added that his company has future and expansion plans, especially with regard to deepening local manufacturing and export.

GAFI, Samsung probe investing $23M in Egypt

Mon, 01 Jun 2020 - 09:51 GMT

Samsung will open a new production line to manufacture computer monitors in August. It also plans to pump investments worth $84 million in the coming five years.

Free Zones companies can now manufacture respirator masks, protective gear

Thu, 16 Apr 2020 - 01:12 GMT

The decision was taken by Executive President of the General Authority of Free Zones and Investment (GAFI) Mohamed Abdel Wahab.

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.

Assar, GAFI's chairman discuss investment opportunities

Wed, 18 Mar 2020 - 02:17 GMT

The two sides discussed a number of projects, which the Military Production Ministry is currently studying in order to implement them in cooperation with several international companies.

GAFI, IDA agree on executive steps to encourage industrial investment

Sun, 16 Feb 2020 - 02:36 GMT

During the meeting, they stressed that quick solutions should be found for any problems facing investors in industrial zones.

Egypt, Switzerland sign 3 MoUs to enhance investment

Tue, 04 Feb 2020 - 01:15 GMT

This came during the Egyptian-Swiss Investment Forum organized by the General Authority for Investment and Free Zones in cooperation with the Swiss Embassy in Cairo.

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