{"id":74546,"date":"2023-10-31T00:00:00","date_gmt":"2023-10-31T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2023\/10\/31\/egypts-gafi-grants-golden-license-to-fayoum-company-warehouses-and-storage-for-egp-1-3-bn-warehouses\/"},"modified":"2023-10-31T00:00:00","modified_gmt":"2023-10-31T00:00:00","slug":"egypts-gafi-grants-golden-license-to-fayoum-company-warehouses-and-storage-for-egp-1-3-bn-warehouses","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2023\/10\/31\/egypts-gafi-grants-golden-license-to-fayoum-company-warehouses-and-storage-for-egp-1-3-bn-warehouses\/","title":{"rendered":"Egypt\u2019s GAFI grants golden license to Fayoum Company Warehouses and Storage for EGP 1.3 bn warehouses"},"content":{"rendered":"

Egypt\u2019s <\/strong>General Authority for Investment and<\/a><\/strong>Freezones<\/a><\/strong> (GAFI) has granted a <\/strong>golden license to Fayoum Company Warehouses and Storage<\/strong>, which will invest EGP 1.3 bn<\/a> to establish new strategic warehouses in Fayoum with a storage capacity of 75k pallets, according to a GAFI statement<\/a>. GAFI also handed out three other licenses to Samsung Electronics Egypt, the Egyptian Natural Gas Company (GASCO), and EgyptSat 2.<\/p>\n

What is a golden license?<\/strong> The golden license is a comprehensive license for all permits required for the set up, operation and management of companies. The granting of these golden licenses brings the total number to 24 licenses granted so far, GAFI said. Check out Enterprise Egypt\u2019s explainer on how golden licenses work <\/strong>here<\/a><\/strong>.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

The new strategic warehouses will have a storage capacity of 75k pallets<\/p>\n","protected":false},"author":1,"featured_media":74547,"comment_status":"","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":[241],"tags":[49,17,44,240,21],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-74546","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-storage-warehousing","tag-egypt","tag-enterprise-logistics","tag-investment-watch","tag-storage-warehousing-2","tag-zones","wpautop","entry"],"acf":{"mongo_id":"78e84675-ed11-42ac-863f-197ea8bcfc0f","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/10\/1446.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Egypt\u2019s GAFI grants golden license to Fayoum Company Warehouses and Storage for EGP 1.3 bn warehouses","related_issue":[74536],"teaser":"The new strategic warehouses will have a storage capacity of 75k pallets","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/10\/.aaafe516-14ba-4643-acc9-910bed6b8fa8.mp3"},"yoast_head":"\nEgypt\u2019s GAFI grants golden license to Fayoum Company Warehouses and Storage for EGP 1.3 bn warehouses - Logistics<\/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\/logistics\/2023\/10\/31\/egypts-gafi-grants-golden-license-to-fayoum-company-warehouses-and-storage-for-egp-1-3-bn-warehouses\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt\u2019s GAFI grants golden license to Fayoum Company Warehouses and 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