{"id":642804,"date":"2017-08-22T04:14:41","date_gmt":"2017-08-22T04:14:41","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/22\/nuweiba-to-be-turned-into-a-freezone\/"},"modified":"2017-08-22T04:14:41","modified_gmt":"2017-08-22T04:14:41","slug":"nuweiba-to-be-turned-into-a-freezone","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/22\/nuweiba-to-be-turned-into-a-freezone\/","title":{"rendered":"Nuweiba to be turned into a freezone"},"content":{"rendered":"<p>The decision to turn Nuweiba into a freezone should be receiving presidential approval soon, Investment Minister Sahar Nasr said on Monday, <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=21082017&id=cceab1c2-464c-4354-8ff8-fcf2bb195f13\">according to Al Shorouk<\/a>. Investors have been calling for the zone for five years. The General Authority for Freezones and Investment had completed studies on the freezone <a href=\"https:\/\/enterprise.press\/stories\/2016\/01\/17\/egx-posts-worst-one-week-performance-since-march-2011-as-global-markets-slump\/\">back in early 2016<\/a>, when former finance minister Hany Dimian \u2014 who suffered from a crippling case freezone-phobia \u2014 was still in charge.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The decision to turn Nuweiba into a freezone should be receiving presidential approval soon, Investment Minister Sahar Nasr said on Monday, according to Al Shorouk. Investors have been calling for the zone for five years. The General Authority for Freezones and Investment had completed studies on the freezone back in early 2016, when former finance [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9315],"tags":[72,2390],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-642804","post","type-post","status-publish","format-standard","hentry","category-other-business-news-of-note","tag-enterpriseam","tag-other-business-news-of-note","wpautop","entry"],"acf":{"mongo_id":"0a8df5d0-408e-4db3-bf80-c16f1720c4ac","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[642758],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Nuweiba to be turned into a freezone - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/22\/nuweiba-to-be-turned-into-a-freezone\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nuweiba to be turned into a freezone\" \/>\n<meta property=\"og:description\" content=\"The decision to turn Nuweiba into a freezone should be receiving presidential approval soon, Investment Minister Sahar Nasr said on Monday, according to Al Shorouk. Investors have been calling for the zone for five years. The General Authority for Freezones and Investment had completed studies on the freezone back in early 2016, when former finance [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/22\/nuweiba-to-be-turned-into-a-freezone\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-08-22T04:14:41+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/22\/nuweiba-to-be-turned-into-a-freezone\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/22\/nuweiba-to-be-turned-into-a-freezone\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Nuweiba to be turned into a freezone\",\"datePublished\":\"2017-08-22T04:14:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/22\/nuweiba-to-be-turned-into-a-freezone\/\"},\"wordCount\":75,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Other Business News of Note\"],\"articleSection\":[\"Other Business News of Note\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/22\/nuweiba-to-be-turned-into-a-freezone\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/22\/nuweiba-to-be-turned-into-a-freezone\/\",\"name\":\"Nuweiba to be turned into a freezone - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-08-22T04:14:41+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/22\/nuweiba-to-be-turned-into-a-freezone\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/22\/nuweiba-to-be-turned-into-a-freezone\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/22\/nuweiba-to-be-turned-into-a-freezone\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Nuweiba to be turned into a freezone\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Nuweiba to be turned into a freezone - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/22\/nuweiba-to-be-turned-into-a-freezone\/","og_locale":"en_US","og_type":"article","og_title":"Nuweiba to be turned into a freezone","og_description":"The decision to turn Nuweiba into a freezone should be receiving presidential approval soon, Investment Minister Sahar Nasr said on Monday, according to Al Shorouk. 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The 1 mn sqm zone is expected to see as much as USD 40 mn in infrastructure-related investment, South Sinai Governor Khaled Fouda\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":639299,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/25\/investment-ministry-looks-at-opening-textiles-freezone-in-minya\/","url_meta":{"origin":642804,"position":1},"title":"Investment Ministry looks at opening textiles freezone in Minya","author":"enterpriseam admin","date":"25 October 2017","format":false,"excerpt":"Investment Minister Sahar Nasr discussed possibly launching a 306 feddan freezone in Minya with a number of textiles manufacturers on Tuesday, according to a ministry statement. The ultimate goal would be to turn this prospective freezone into a textiles hub, Textile Export Council head Mohamed Kassem said. Talks are ongoing\u2026","rel":"","context":"In &quot;Other Business News of Note&quot;","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":640981,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/10\/potential-freezone-in-sohag\/","url_meta":{"origin":642804,"position":2},"title":"Potential freezone in Sohag","author":"enterpriseam admin","date":"10 September 2017","format":false,"excerpt":"Investment Minister Sahar Nasr met with met Ayman Abdel Moneim, Governor of Sohag, and Mahmoud El Sherif, Deputy of the House of Representatives to discuss the potential of setting up a freezone in Sohag, according to a statement from the ministry.","rel":"","context":"In &quot;Other Business News of Note&quot;","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":634062,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/03\/gafi-looks-into-nine-offers-for-private-freezone-projects\/","url_meta":{"origin":642804,"position":3},"title":"GAFI looks into nine offers for private freezone projects","author":"enterpriseam admin","date":"3 January 2018","format":false,"excerpt":"The General Authority for Freezones and Investment (GAFI) has begun looking into nine offers from Turkish and Saudi investors for private freezone projects with a combined investment value of EGP 3 bn, unnamed government sources tell Al Borsa. The projects span several industries, including spinning and weaving, and readymade garment\u2026","rel":"","context":"In &quot;Other Business News of Note&quot;","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":599652,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/06\/egypts-nuca-allocates-land-for-freezone-in-new-aswan\/","url_meta":{"origin":642804,"position":4},"title":"Egypt\u2019s NUCA allocates land for freezone in New Aswan","author":"enterpriseam admin","date":"6 January 2019","format":false,"excerpt":"The New Urban Communities Authority (NUCA) has allocated a 187-feddan land plot to the New Aswan city authority to develop a freezone, deputy head of NUCA Tarek El Sebai said. The move came in response to a request from the investment ministry amid efforts to increase the number of freezones\u2026","rel":"","context":"In &quot;Infrastructure&quot;","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":628181,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/27\/what-were-tracking-this-week-14\/","url_meta":{"origin":642804,"position":5},"title":"What we\u2019re tracking this week","author":"enterpriseam admin","date":"27 June 2018","format":false,"excerpt":"GAFI to break ground on Nuweiba freezone this Saturday: The General Authority for Freezones and Investment (GAFI) expects to break ground on the Nuweiba freezone on Saturday, Red Sea Ports Authority spokesman Malaak Youssef said. 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