The State Ownership Policy opened the door for the Egyptian, Arab, and foreign private sectors to participate in economic development efforts, Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI), stated.
Updated 16m12hHossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI), participated in the first panel of the Egypt-China Investment Forum
Updated 53m12hA large number of solar panel factories are expected to begin actual production in the first quarter (Q1) of 2026, with a local component ratio ranging between 80% and 90%, the General Authority for Investment and Free Zones (GAFI) CEO Hossam Heiba announced.
Updated 11/3/2025 1:47:00 AM
The CEO of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba said that e-commerce companies have played a key role in the development of trade and had a positive impact on the Egyptian economy, as per a statement.
Updated 10/6/2025 10:17:00 AMThe 37th edition of the Sahara International Agricultural Exhibition and Conference (Sahara 2025) concluded at the Egypt International Exhibition Center.
Updated 10/5/2025 3:19:00 AM
Egypt is entering a new era of business formation and investment with the introduction of a landmark Companies Law and the digitization of corporate approval processes. Designed to modernize regulatory frameworks, this new legislation aims to position Egypt as a leading hub for entrepreneurship and foreign direct investment (FDI) by eliminating bureaucratic hurdles and streamlining company formation through advanced digital platforms.
Updated 10/2/2025 8:08:00 AMHossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI), unveiled plans for a new initiative to allow startups access to new foreign markets and provide better financing opportunities.
Updated 10/1/2025 10:58:00 AMHossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI), announced that the next Companies Law will require all government approvals to be completed electronically within 20 working days.
Updated 9/29/2025 8:50:00 AMHossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI), highlighted that the number of new companies established in the construction sector increased by 20% to 2,856 in 2024 from 2,375 in 2023
Updated 9/16/2025 1:33:00 AMThe General Authority for Investment and Free Zones (GAFI) reviewed the impact of the EU’s Carbon Border Adjustment Mechanism (CBAM) on the Egyptian economy, particularly the iron and steel sector
Updated 9/11/2025 10:35:00 AM
Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI), participated in the Africa-Singapore Business Forum, according to a statement.
Updated 9/3/2025 12:54:00 PMHossam Heiba, CEO of General Authority for Investment and Free Zones (GAFI), ??reviewed the government's efforts to stimulate investment flows into Egypt on the sidelines of the Egyptian-Bahraini Business Forum
Updated 9/3/2025 7:25:00 AM
The General Authority for Investment and Free Zones (GAFI) will begin operating four new public free zones by the end of 2026, according to CEO Hossam Heiba.
Updated 8/17/2025 10:48:00 AMThe Egyptian annual exports to the European Union (EU) amount to $14 billion, Magdy El-Nabrawy, Head of the Business Development Sector at the General Authority for Investment and Free Zones (GAFI), announced.
Updated 8/7/2025 8:19:00 AM
The Ismailia Public Free Zone has attracted new investments worth $41.6 million from nine Chinese and Turkish companies.
Updated 8/6/2025 2:21:00 AM
An Interview with Hossam Heiba, President of Egypt's General Authority for Investment and Free Zones (GAFI)
Updated 8/5/2025 9:53:00 AMHong Kong-based Crystal Martin Group, a global leader in apparel manufacturing, plans to establish a factory in Egypt, on an area of 1.5 million square meters
Updated 7/14/2025 11:20:00 AMBorna Membrane Solutions, a Canadian clean-tech company in membrane gas separation, is planning to establish a factory in Egypt, with total investments of $40 million.
Updated 5/25/2025 10:45:00 AMHossam Heiba, the CEO of the General Authority for Investment and Free Zones (GAFI), met with Alpha Lau, Director-General at Invest Hong Kong, to discuss regulating central financial and business zones in Egypt.
Updated 5/21/2025 11:50:00 AMHossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI), stated that the number of Chinese companies operating in Egypt has reached approximately 2,800, with total investment costs exceeding $8 billion.
Updated 5/19/2025 11:30:00 AM