Investment zones to be established in Sharm El Sheikh, Qalyubia, Kafr El Sheikh: The investment supremos at GAFI have ordered the establishment of a tourism investment zone in Sharm El Sheikh, according to an Investment Ministry statement. The authority also ordered the establishment of an investment zone on a 15k sqm area inside in Qalyubia, and another one in Kafr El Sheikh at its board meeting on Tuesday. We had noted yesterday that the ministry plans to open a public freezone in Nuweiba.

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