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Prime Minister appoints Mohamed El Gawsaky as GAFI CEO

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.

Updated 1/5/2026 7:31:00 AM
Egypt explores sustainable energy cooperation with Power Edison

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.

Updated 12/21/2025 1:41:00 PM
Elsewedy Industrial Development brings 1st Polish investor into Egypt’s frozen food sector

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.

Updated 12/15/2025 11:20:00 AM
GAFI, Emirates NBD Bank sign MoU to promote investment in Egypt

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.

Updated 12/14/2025 11:04:00 AM
GAFI discusses $100M textile complex with Fountain Set Limited

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.

Updated 12/9/2025 2:29:00 PM
GAFI updates regulatory framework, launches digital platform to boost investment climate

The General Authority for Investment and Free Zones (GAFI) announced it has adopted an updated technical and regulatory framework for financial evaluation and review, alongside the launch of a new digital platform designed to improve the investment environment in Egypt.

Updated 12/8/2025 10:01:00 AM
GAFI launches cash investment incentive guide to support industrial projects in Egypt

The General Authority for Investment and Free Zones (GAFI) announced the launch of the Cash Investment Incentive Guide, supporting industrial projects in Egypt.

Updated 12/7/2025 10:44:00 AM
Egypt, South Korea hold 1st committee meeting to address investment challenges

Egypt’s General Authority for Investment and Free Zones (GAFI) held the first meeting of the Egyptian-Korean committee for business and investment development as the two countries move to deepen economic cooperation and resolve obstacles facing Korean investors in the local market, as per a statement.

Updated 12/1/2025 10:32:00 AM
GAFI, Qatar Chamber explore boosting Qatari investments in Egypt's key sectors

The General Authority for Investment and Free Zones (GAFI) and Qatar Chamber of Commerce and Industry (QCCI) explored plans to increase Qatari investment in the Egyptian market.

Updated 11/26/2025 11:24:00 AM
GAFI, Meinhardt Singapore explore scaling investment in tourism sector

The General Authority for Investment and Free Zones (GAFI) discussed enhancing cooperation with Meinhardt Singapore to develop a new tourism projects.

Updated 11/20/2025 10:02:00 AM
GAFI, 10th of Ramadan Investors Association probe enhancing Egypt's investment climate

The General Authority for Investment and Free Zones (GAFI) held a meeting with the 10th of Ramadan Investors Association (TRIA) to discuss the mechanisms of reinforcing coordination and improving the investment climate.

Updated 11/18/2025 10:59:00 AM
Egypt’s 1st medical tourism investment zone to begin operation in May 2026

Egypt's first investment zone dedicated to medical tourism is set to start operation in May 2026, CEO of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba announced.

Updated 11/16/2025 6:52:00 AM
Japanese companies outline investment, expansion plans in Egypt

Japanese companies reviewed their current investments and expansion plans in Egypt during the fifth edition of the Egyptian-Japanese Joint Committee for Investment

Updated 11/13/2025 9:52:00 AM
Singapore’s Destiny Energy to develop $210M ammonia production plant in SCZONE

Singapore-based Destiny Energy Pte Ltd is planning to establish a $210 million green ammonia production plant in the Suez Canal Economic Zone (SCZONE).

Updated 11/12/2025 10:10:00 AM
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 11/10/2025 2:38:00 AM
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 11/10/2025 2:07:00 AM
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