GAFI, Singapore’s SECC Group to cooperate on developing investment zones: The General Authority for Freezones and Investment signed an agreement with Singapore’s SECC Group yesterday that will see both sides cooperate on the development, management, and promotion of new investment zones, according to an Investment Ministry statement. The Singaporean firm will prepare preliminary studies for the development of investment zones in Qena, Kafr El Sheikh, and Qalyubia, which will include plans for potential economic and commercial activities in the zones. This comes as part of the Investment Ministry’s plan to attract new investments for public-private partnership projects and was discussed during Minister Sahar Nasr’s recent visit to Singapore.
More from Enterprise
Banque du Caire’s blockbuster IPO holds firm against EGX selloff
The IFC and the EBRD are in for USD 100…
Electricity Ministry studies changing how your electricity bill gets calculated
The plan is still under study, and neither of the…
Africa’s corporate debt market is just 0.3% of the world’s, with Egypt’s share more than halved since 2010
The OECD puts Africa’s market-based corporate debt at USD 211…
DPI closes Egypt-born fintech fund Nclude at USD 112 mn
The final close adds roughly USD 7 mn to a…