Tags Result

Egypt endorses 85% pullback of GDP sectors as part of State Ownership Policy: Heiba

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 16m12h
China tops Egypt’s foreign investment partners with $8B: GAFI CEO

Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI), participated in the first panel of the Egypt-China Investment Forum

Updated 53m12h
Egypt's renewables sector to boom with solar panel production takeoff in Q1 2026: Heiba

A 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
E-commerce becomes key partner in Egypt’s economic growth: Heiba

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 AM
Sahara 2025 concludes 37th edition with key deals, partnerships

The 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
From Paper to Platform: Egypt’s Corporate Reform in the Digital Age

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 AM
GAFI unveils new initiative to boost startup access to global markets at Techne Summit 2025

Hossam 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 AM
New Companies Law mandates electronic government approvals within 20 days: Heiba

Hossam 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 AM
Egypt’s construction sector sees 20% surge in new companies in 2024: Heiba

Hossam 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 AM
GAFI explores CBAM’s impact on Egyptian economy

The 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
GAFI’s CEO participates in Africa-Singapore Business Forum

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 PM
GAFI’s CEO outlines Egypt’s plans to expand investment inflows

Hossam 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
GAFI to begin operating 4 new public free zones by end of 2026

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 AM
Egypt's annual exports to EU reach $14B: GAFI

The 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
Ismailia Public Free Zone draws in $41.6M investments from Chinese, Turkish companies

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
GAFI Positions Egypt as a Global Hub for Logistics and Tech, Heiba Says

An Interview with Hossam Heiba, President of Egypt's General Authority for Investment and Free Zones (GAFI)

Updated 8/5/2025 9:53:00 AM
Hong Kong-based Crystal Martin to establish garment factory in Egypt

Hong 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 AM
Canada's Borna to develop $40M membrane gas separation factory in Egypt

Borna 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 AM
GAFI, Hong Kong probe reinforcing central financial, business zones in Egypt

Hossam 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 AM
Egypt attracts $8B in Chinese Investment from 2,800 companies

Hossam 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