Reuters: Chairman of Investment Authority resigns

CAIRO – 22 January 2018: Two governmental sources told Reuters that Chairman of Egyptian General Authority for Investment (GAFI) Mona Zobaa resigned from her position on Monday, without clarifying the reason for this resignation.

Mona Zobaa served as the head of the Policy Advocacy Department at the Ministry of Investment and then at GAFI. Being the national coordinator for a number of international organizations, Zobaa succeeded during her tenure , together with her team, to induce radical improvements in Egypt’s investment climate, and to subsequently enhance Egypt’s rankings in many international reports that monitor the investment performance.