Mohamed Awad inspected the Alexandria Investors Services Centre and Public Free Zone on directives from the investment minister. The centre incorporated over 3,500 companies in 2025 and served 32,000 firms with post-establishment support.
Mohamed Awad, CEO of the General Authority for Investment and Free Zones, visited the Alexandria Investors Services Centre and the Alexandria Public Free Zone. The tour reviewed operations and development plans to improve investor services. Awad called for better digital tools, staff training and coordination with other agencies. The centre recorded incorporation of more than 3,500 companies in 2025 and post-establishment services for around 32,000 firms. At the free zone, Awad checked upgrades to utilities and safety systems. The zone hosts 416 projects worth about $14.7 billion and employs roughly 55,000 people. It leads Egyptian free zones in export value, with all zones contributing 22 percent of national merchandise exports. Awad also reviewed a nursery inside the zone that supports working parents. He stressed regular monitoring of financial results to shape future policies.