GAFI VP meets China Development Bank to discuss increasing Chinese investments: General Authority for Investment and Free Zones (GAFI) Executive Vice President Mohamed Abdel Wahab met on Friday with the regional director of the China Development Bank (CDB) to discuss a potential agreement to increase Chinese investments in Egypt, as reported by Al Mal. The two met during the China International Import Expo (CIIE) in Shanghai, and discussed increasing cooperation between Cairo and Beijing. Last week, Prime Minister Moustafa Madbouly met with several Chinese companies during the CIIE.
More from Enterprise
Four foreign funds line up USD 256 mn for Banque du Caire
London’s Redwheel is among the backers, nearly two weeks after…
Inside the financing of Egypt’s IPP boom
The contracts and the resources are proven, so the open…
FRA and EGX eye law change to let LLCs and partnerships set up investment funds
Regulators want to keep Egyptian money from setting up funds…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…