Nasr to Chair GAFI, Zobaa appointed as full-time managing director

MOVES- Prime Minister Sherif Ismail appointed Investment and International Cooperation Minister Sahar Nasr as chairperson of the General Authority for Investment and Free Zones (GAFI). Nasr, meanwhile, announced that Mona Zobaa was appointed as the full-time Managing Director of GAFI. Zobaa has been the acting head of GAFI since May. Ismail’s decision also included appointing Mohamed Abdel Wahab as Zobaa’s deputy. Incoming GAFI board members include Banque Misr head Mohamed El Etreby and Tarek Tawfik, who will represent the Federation of Egyptian Industries. The newly appointed board will hold office for three years.