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GAFI approves establishment of new investors’ services centre in Red Sea

The board of the General Authority For Investment and free zones (GAFI), held a meeting headed by the Minister of Investment and International Cooperation (MIIC), Sahar Nasr and GAFI’s CEO, Mohsen Adel, where the board approved the establishment of new investors’ services centre in Red Sea on a land area of 4,000m. The Red Sea’ …

Hagar Omran

GAFI to launch three investment areas, four free zones at different locations

The General Authority for Investment and Free Zones (GAFI) will launch three new investment zones, four general free zones, in addition to a specialised free zone in the coming weeks. The statement was declared by Mohsen Adel, GAFI’s chairperson, over his speech on Monday at the Hapi Investment conference titled “The Effective Growth”. Adel said …

Hagar Omran

Abdel Wahab reappointed as GAFI deputy CEO

Mohamed Abdel Wahab was reappointed as deputy Chief Executive Officer (CEO) of the General Authority for Free Zones and Investment (GAFI). Shehab El Din was appointed as GAFI deputy CEO since August 2017 and was legal adviser to the minister of investment and international cooperation since 2015. He participated in amending some laws and regulations, …

Daily News Egypt

Mohsen Adel appointed as CEO of GAFI

Egyptian Prime Minister and acting Minister of Housing Mostafa Madbouly has appointed on nTuesday Mohsen Adel as chief executive officer (CEO) of the General Authority for Investment and Free Zones (GAFI). With more than 15 years of financial experience, Adel is to replace the former CEO of GAFI Mona Zobaa. Minister of investment and international …

Daily News Egypt

46th: Russia’s rank on list of countries investing in Egypt: GAFI

The General Authority for Investment (GAFI) revealed that Russia ranks 46th among the largest investors in Egypt and is expected to improve that ranking as economic cooperation between Egypt and Russia is currently growing. Earlier, GAFI declared that Egypt hopes to benefit from Russian experience in improving its ranking in global competitiveness indicators, noting that …

Nihal Samir