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GAFI agrees to set up Aswan freezone to attract USD 2.1 bn investments
The General Authority for Investments (GAFI) has agreed to build a freezone in Aswan with the aim of attracting USD…
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Egyptian-Russian company to manage the USD 7 bn RIZ to be set up in April
An Egyptian-Russian company will be set up in April to operate and manage the planned USD 7 bn Russian Industrial…
GAFI announces e-payment move amid Egypt’s financial inclusion vision
The General Authority for Freezones and Investments’ (GAFI) main investors’ services center will only accept electronic payments as of 20…
20 Russian companies looking at Russian Industrial Zone
Twenty Russian companies are keen to establish facilities in the planned USD 7 bn Russian Industrial Zone (RIZ), Russian Industry…
Egypt’s FRA rejects Veon appeal against GTH capital increase voting rights
The FRA has rejected an appeal against its decision to suspend Global Telecom Holding’s (GTH) majority shareholder Veon Holding from…
Houston-based SPEC sues Egyptian Maintenance Company for USD 4.5 mn
Houston-based energy infrastructure manufacturer Specialty Process Equipment Corp. (SPEC) is suing the Egyptian Maintenance Company for allegedly failing to pay…
Egyptian Iron and Steel Company to be developed under PPP agreements
The Public Enterprises Ministry will be entering public-private partnerships to execute the proposed development plan for the Egyptian Iron and…
Egypt’s GAFI requires companies to digitally submit registries and registration files
The General Authority for Investment (GAFI) has made it mandatory for private businesses to build digital versions of their registries…
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