{"id":682093,"date":"2026-01-04T00:00:00","date_gmt":"2026-01-04T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?p=682093"},"modified":"2026-01-20T12:35:59","modified_gmt":"2026-01-20T12:35:59","slug":"garghoub-is-now-a-special-economic-zone-here-is-what-that-means-for-investors","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2026\/01\/04\/garghoub-is-now-a-special-economic-zone-here-is-what-that-means-for-investors\/","title":{"rendered":"Garghoub is now a Special Economic Zone \u2014 here is what that means for investors"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>The Madbouly cabinet h<\/strong><strong>as greenlit the establishment of the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/edition\/am\/7b7c8483-ab99-4d9e-930a-0236166d38bd\" style=\"\" rel=\"noopener\">Garghoub Special Economic Zone<\/a><\/strong> <strong> in Matrouh<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02zBRLbnx1dd6a9ftMLLNtQcCDkRaK79zzvueuq98rY27AtdBAe8rvxk2P2QvgWnTtl\" style=\"\" rel=\"noopener\">statement<\/a> following Thursday's weekly meeting. The new general authority heading the zone will report directly to the Prime Minister, holding full jurisdiction over 402k feddans to establish companies and enter into public-private partnerships.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>By granting Garghoub the special economic zone status, the state is giving it the same <\/strong><strong>perks granted to the Suez Canal Economic Zone <\/strong>\u2014 companies operating there will benefit from reduced income taxes, a specialized customs regime for equipment and inputs, and a genuine \"one-stop-shop\" for licensing.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The big picture:<\/strong> Garghoub is being positioned as Egypt\u2019s western gateway to Europe and this decree provides the legal certainty investors have been waiting for before committing to long-term projects.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">Also approved at the cabinet last week<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- <\/strong><strong>A structural overhaul of the GOEIC:<\/strong> The General Organization for Export and Import Control is being transformed into a comprehensive technical coordinator. Its board will now include heads of the National Food Safety Authority, Customs Authority, and General Organization for Standards and Quality to unify inspection standards and slash customs clearance times.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2-<\/strong><strong> The cabinet greenlit the agreement between the Egyptian National Railways and <\/strong><strong>Italy\u2019s <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ad9912ac-0559-4154-bd38-5e2b7a752335\/%253cmark%253e%253c%2Fmark%253ebreaking%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253edown%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253ethe%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253emany%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253eagreements%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253esigned%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253eduring%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253eday%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253etwo%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253eof%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253etransmea%253cmark%253e%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">Arsenale Group<\/a><\/strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ad9912ac-0559-4154-bd38-5e2b7a752335\/%253cmark%253e%253c%2Fmark%253ebreaking%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253edown%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253ethe%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253emany%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253eagreements%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253esigned%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253eduring%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253eday%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253etwo%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253eof%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253etransmea%253cmark%253e%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">to operate and manage<\/a> the luxury tourist train Guardian of the Nile, which will offer upscale travel experiences along the Nile Valley. The agreement first came to light in November. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- Easy visa extended:<\/strong> To boost off-season tourism, free emergency visas for arrivals at Luxor and Aswan airports will continue through the summer of 2027. The 96-hour free transit visa has also been extended until April 2027.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Plus: A major overhaul at GOEIC to slash customs times<\/p>\n","protected":false},"author":1,"featured_media":682094,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[7306],"tags":[282,72,7111,12446],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-682093","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cabinet-watch","tag-cabinet-watch","tag-enterpriseam","tag-infrastructure","tag-mabouly-cabinet","wpautop","entry"],"acf":{"mongo_id":"7f971cb6-ede3-4a4c-843c-6e1455366fee","order":"8","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2026\/1\/11.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Garghoub gets SCZone status","related_issue":[682079],"teaser":"Plus: A major overhaul at GOEIC to slash customs times"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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Zaki made no explicit link between the proposed new incentives structure and the covid-19 outbreak.","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":601594,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/05\/egypts-cabinet-to-devise-plan-to-bring-in-new-us-investments\/","url_meta":{"origin":682093,"position":2},"title":"Egypt\u2019s cabinet to devise plan to bring in new US investments","author":"enterpriseam admin","date":"5 March 2019","format":false,"excerpt":"The government is working to devise a plan to attract new US investments from big players, according to a Cabinet statement. 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