Egyptian Cabinet Grants Golden Licenses to 8 Investment Projects

The licensed projects include a 100-MW green hydrogen plant in Ain Sokhna Industrial Zone at the Suez Canal Economic Zone (SCZone) with an investment cost of $135 million.

GAFI Cancels Land Reduction Decision Allocated to Makadi Heights

Orascom Development Egypt (ODE) announces that its subsidiary Makadi Heights for Tourism Development Company (Makadi Heights) has been notified by the Egyptian Tourism Development Authority (TDA) of a decision to ...

GAFI Ratifies USD 1.1 bn New Projects in 9M

The General Authority for Investment and Free Zones (GAFI) signed off on the execution of 31 new investment projects across Egypt during the first nine months of 2020, at a total cost of USD 1.1 bn (EGP 17.2 bn). ...

Emaar Misr Gets Nod on EGP 40 bn Investment Zone

The General Authority for Investment and Free Zones (GAFI) has ratified the establishment of a new investment zone for Emaar Misr for Development, with EGP 40 bn worth of investments.

GAFI Approves 30 New Projects for CPC Egypt

The General Authority for Investment and Free Zones (GAFI) has nodded the development of 30 new projects in the investment zone of CPC Egypt for Industrial Development, located in 6th of October City.

PepsiCo. Egypt Plans to Pump Up to USD 515 mn by 2021

Chairman and CEO of PepsiCo. Egypt Mohamed Shelbaya has asserted the company’s commitment to pump new investments in the Egyptian market up to USD 515 mn from 2018 till 2021, including USD 100 mn in 2020 only.

GAFI Nods to 103 Projects in City Centre Almaza’s Free Zone

Mohamed Abdel Wahab, executive director of the General Authority for Investment and Free Zones (GAFI), approved a total of 103 projects within the investment zone of City Centre Almaza.

PM Forms 2 Ministerial Committees to Settle Investment Disputes

Prime Minister Mostafa Madbouly has mandated the formation of two ministerial committees for settling different investment disputes.

Egypt Rolls Out 225 Projects in El Saf Investment Zone

Egypt's Ministry of Investment and International Cooperation has officially rolled out El Saf Investment Zone, Banha, offering a total of 225 fully-finished and serviced projects.

GAFI Extends New Facilities in Mit Ghamr Investment Zone

The General Authority for Investment and Free Zones (GAFI) will extend new facilities to investors who earlier purchased the booklets of conditions for 107 specialized industrial units in Mit Ghamr Investment Zone ...

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