Egypt currently hosts more than 1,500 German companies with a total investment capital of $1.8 billion, Mohamed Awad, CEO of the General Authority for Investment and Free Zones (GAFI), said.

Italy-based Oniverse, formerly Calzedonia, plans to establish two factories in Egypt within the framework of the special free zones system.

Mohamed Awad, CEO of the General Authority for Investment and Free Zones (GAFI), met with a delegation from Poland's furniture producer Padma Group to discuss expediting the Yada Egypt project in New Alamein City.

Prime Minister Mostafa Madbouly issued Decree No. 1432 of 2026, appointing Islam Azzam as an expert board member of the General Authority for Investment and Free Zones (GAFI), replacing Tarek Shoukry.

The General Authority for Investment and Free Zones (GAFI) is currently studying the establishment of new public free zones, in addition to the nine existing ones.

Prime Minister Mostafa Madbouly issued two decrees appointing Mohamed Awad as CEO of the General Authority for Investment and Free Zones (GAFI) for a one-year term and Iman Mostafa Mansour as Deputy CEO of the authority.

The General Authority for Investment and Free Zones (GAFI) and the Elsewedy Group are considering the establishment of the first private investment zone in Egypt.

Minister of Investment and Foreign Trade Mohamed Farid Saleh held a meeting with Basel Rahmy, CEO of the Micro, Small, and Medium Enterprises Development Agency (MSMEDA), to mull reinforcing entrepreneurship support.

The General Authority for Investment and Free Zones (GAFI) is exploring ways to strengthen investment partnerships between Egypt and Hungary, in line with the Ministry of Investment and Foreign Trade’s directives to create an attractive and stimulating business environment for local and foreign investment.

The General Authority for Investment and Free Zones (GAFI) has launched a digital platform for economic performance services as a unified channel for providing specialized technical services to investors.

DrasChem Specialty Chemicals is moving forward with plans to establish a sodium cyanide production plant at the Sidi Kerir Petrochemicals (SIDPEC) complex in Alexandria, following high-level discussions with the CEO of the General Authority for Investment and Free Zones (GAFI) Mohamed El-Gawsaky.

The General Authority for Investment and Free Zones (GAFI) announced the launch of an electronic system for issuing non-confusion certificates and reserving trade names through the Digital Egypt portal, effective February 8th.

Egypt has officially launched a unified electronic investment licensing platform as part of broader government efforts to accelerate digital transformation and improve the business environment.

Minister of Trade and Investment Hassan El-Khatib met with Ariston Group’s Executive Chairman Paolo Merloni and discussed the group’s expansion and investment opportunities in the Egyptian market.

The General Authority for Investment and Free Zones (GAFI) and the Internal Trade Development Authority (ITDA) discussed mechanisms to find key solutions to the challenges facing investors

Prime Minister Mostafa Madbouly has appointed Mohamed El Gawsaky as the CEO of the General Authority for Investment and Free Zones (GAFI) for a one-year term.

Minister of Investment and Foreign Trade Hassan El-Khatib met with founder and CEO of Power Edison Shihab Kuran, to discuss potential cooperation in sustainable energy solutions.

Elsewedy Industrial Development Company has signed a land sale agreement with the Polish company Fruitful, which is the first of its kind in the frozen food industry sector.

The General Authority for Investment and Free Zones (GAFI) signed a memorandum of understanding (MoU) with Emirates NBD Bank to enhance cooperation in the investment sector.

The General Authority for Investment and Free Zones (GAFI) is in talks with Fountain Set Limited over the establishment of a $100 million textile industrial complex, as the Chinese manufacturer considers expanding its presence in Egypt’s spinning and weaving sector.