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).

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.

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.

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.

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, Dakahlia Governorate.

Abdullah Al Nokrashy, regional manager of UAE's retail developer Majid Al Futtaim, has revealed that the group's total investments in Egypt stand at USD 2.6 bn (EGP 41.95 bn)

Egypt's General Authority for Investment and Free Zones (GAFI) signed on August 28 a memorandum of understanding (MoU) with MUFG Bank, Japan's largest bank, aiming to set an action plan to boost bilateral investments.

Egypt's General Authority for Investment and Free Zones' (GAFI) board has approved tendering 107 new metallurgy projects in Mit Ghamr Investment Zone, Dakahlia Governorate, providing about 2,000 new job opportunities.

Prime Minister Mostafa Madbouly issued a decision on July 22 to establish a specialized investment area, covering 15,029 square meters in the Delta city of Benha, Qalyubia Governorate.

Minister of Investment and International Cooperation Sahar Nasr has announced that the number of projects being developed in Port Said Public Free Zone reaches 1,090 developments, with a combined capital of USD 12.5 bn and USD 2.5 bn worth of foreign direct investments (FDIs).