Gafi hosts Canadian business delegation to explore investment opportunities

The General Authority for Investment and Free Zones (Gafi) hosted a delegation of Canadian business leaders from the Canada-Egypt Business Council to explore investment opportunities and strengthen economic ties between Egypt and Canada. Gafi presented a comprehensive overview of Egypt's investment climate, emphasizing its competitive advantages and strategic location. Discussions covered various investment frameworks and available incentives.

The General Authority for Investment and Free Zones (Gafi) welcomed a delegation of Canadian business leaders from the Canada-Egypt Business Council (CEBC) in a meeting aimed at exploring investment opportunities and bolstering economic cooperation between Egypt and Canada.

Gafi delivered a detailed presentation on Egypt's investment climate, underscoring the competitive edges of the Egyptian economy, its strategic geographic position, and priority sectors for investment. The authority also highlighted the Investment Map, which outlines a broad array of opportunities across various sectors.

The session reviewed services offered by the Investment Services Center (ISC), including streamlined processes for company incorporation, licensing, and land allocation, as well as all investor-related services via a unified digital platform.

Discussions delved into Egypt's diverse investment frameworks, such as Free Zones, Investment Zones, Technological Zones, and Special Economic Zones, along with incentives and facilitations for foreign investors.

Delegation members posed questions about Egypt's investment regulatory framework, particularly the Golden License mechanism and company incorporation procedures. The meeting wrapped up with an open discussion among business representatives from both nations, followed by a site visit to the Investment Services Center. Gafi reaffirmed its full commitment to assisting Canadian investors and enhancing bilateral investment relations between Egypt and Canada.

Связанные статьи

Egyptian President el-Sisi and Turkish President Erdoğan shaking hands at a Cairo summit, signing economic agreements amid applauding business leaders.
Изображение, созданное ИИ

Egypt and Türkiye strengthen economic partnership through business forum and agreements

Сообщено ИИ Изображение, созданное ИИ

Egyptian President Abdel Fattah El-Sisi received his Turkish counterpart Recep Tayyip Erdogan in Cairo on Wednesday, where they co-chaired the second meeting of the High-Level Strategic Cooperation Council, signing a joint statement and several memoranda of understanding in defence, trade, investment, and other fields. The General Authority for Investment and Free Zones (GAFI) participated in the Egypt-Türkiye Business Forum to boost economic ties. The visit aims to elevate bilateral trade to $15 billion.

Mohamed El Gawsaky, CEO of the General Authority for Investment and Free Zones (GAFI), met with French Ambassador to Cairo Eric Chevallier to strengthen bilateral investment ties. El Gawsaky highlighted the depth of Egyptian-French relations, noting investments from around 200 French companies totaling about $8 billion. Chevallier praised Egypt's efforts to improve the business climate.

Сообщено ИИ

Mohamed El-Gossaki, CEO of the General Authority for Investment and Free Zones (GAFI), met with Mohamed Awad, Head of the Internal Trade Development Authority (ITDA), to discuss joint coordination mechanisms and identify practical, long-term solutions to challenges facing investors, particularly in commercial registry procedures and the non-confusability certificate. The meeting was attended by Yasser Abbas, GAFI's Deputy CEO, Karim El-Shafei, ITDA's Deputy Head, and representatives from the Ministry of Communications and Information Technology.

Egypt's Finance Minister Ahmed Kouchouk stated that the country is opening its doors to increased investment inflows, supported by strong competitive advantages and an enabling, attractive business environment. Speaking at a meeting of the Council of the Union of Arab Chambers of Commerce, Industry and Agriculture, Kouchouk explained that the government's tax and customs facilitation initiatives are designed to build trust and foster partnership with the business community, while delivering rapid and tangible results on the ground.

Сообщено ИИ

The Egyptian Cabinet, chaired by Prime Minister Mostafa Madbouly, approved golden licenses for two strategic projects worth EGP 15.1 billion to localize industry and attract foreign investment. The decisions were made during its 71st meeting, focusing on an automotive manufacturing complex and a factory for office supplies and school tools. The initiatives are expected to create thousands of jobs and boost exports.

Egypt’s Minister of Investment and Foreign Trade, Mohamed Farid, held talks with Sharon Nishi, Chairperson and Managing Director of General Motors Egypt and Africa, to review the company’s current investments and future expansion plans. The Tuesday meeting, attended by Jehan Saleh, economic adviser to the Prime Minister, focused on localizing the automotive industry and aligning with GM’s strategy. It highlighted efforts to boost GDP contribution and exports.

Сообщено ИИ

Abdel Aziz El-Sherif, first undersecretary of Egypt's Ministry of Investment and Foreign Trade and head of the Egyptian Commercial Service, met with German commercial counselor Miguel Seco and Maren Diale, president of the Arab-German Chamber of Industry and Commerce, to review Egyptian-German economic ties and prepare for the seventh session of their joint economic committee. El-Sherif emphasized the strong bilateral relations and Germany's role as a key trade and investment partner. Bilateral trade reached about €5.5 billion in 2024, with cumulative German investments totaling €3 billion by February 2025.

 

 

 

Этот сайт использует куки

Мы используем куки для анализа, чтобы улучшить наш сайт. Прочитайте нашу политику конфиденциальности для дополнительной информации.
Отклонить