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GAFI’s Chairman reveals reason for establishing free zone in Ras El-Hekma

The General Authority for Investment and Free Zones (GAFI) has clear criteria for establishing free zones, the authority’s CEO Hossam Heiba said, noting that these zones are a key attraction for foreign investors looking to invest in Egypt. During his speech at a seminar hosted on May 21st by the Egyptian Center for Economic Studies, titled "Where Do Free Zones in Egypt Stand Compared to Competitive Models in Türkiye and the UAE?", Heiba explained that the Ras El-Hekma project was approved for a free zone because its objectives are clear and it operates in accordance with Egypt's investment system.

Updated 5/22/2024 9:39:00 AM
Egypt to double number of public free zones within 2 years

Egypt is preparing to double the number of public free zones, by adding 11 new cities during the current and next year.

Updated 5/22/2024 8:37:00 AM