GAFI, Emirati companies discuss investment opportunities in Egypt

GAFI, Emirati companies discuss investment opportunities in Egypt

President of General Authority for Investment and Free Zones (GAFI) Hossam Heiba has met with several investment organizations and Emirati companies to discuss investment opportunities in Egypt, or expand their current investments, on the sidelines of the Annual Investment Meeting (AIM) 2023.

The AIM was held under the auspices of Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, during the period from 8 to 10 May, 2023.

Heiba met with representatives of a group of official companies, agencies and organizations, including AAFCO, OAcis Services Company, Abu Dhabi Capital Group, Aqua Fun Company, Ras Al Khaimah Chamber of Commerce and Industry, Fujairah Free Zone, Chalhoub Group, Al Rabie Company, WIPA UNCTAD, World Economic Forum, Moscow Agency of Innovations, Dubai FDI, where during those meetings aspects of joint cooperation were discussed and investment opportunities in Egypt were discussed. They further discussed ways to enhance joint economic cooperation with investors in the emirates of Ras Al Khaimah and Fujairah and to activate cooperation through economic integration projects between Egypt and the UAE and oil storage projects.

The two sides agreed to organize an Egyptian-Emirati forum, as well as a visit of a delegation from the Chamber and the free zone to Egypt