GAFI, Swiss ambassador discuss investment opportunities in Egypt

GAFI, Swiss ambassador discuss investment opportunities in Egypt

The General Authority for Investment and Free Zones (GAFI) and the Swiss Egyptian Business Association have discussed investment opportunities in Egypt.

Hossam Heiba, GAFI CEO, and members of the Swiss Egyptian Business Association discussed investment opportunities in Egypt, with Yvonne Baumann, the ambassador of Switzerland to Egypt.

During the meeting organized by the Embassy on “alleviating business challenges today”, Hossam Heiba reviewed the axes of facilitating the investment climate and improving the business environment, the most important of which is to accelerate the pace of investment dispute settlement, as well as eliminating any obstacles facing investors, with the aim of promoting the investment file and attracting more local and foreign investments. A time frame was set to solve investor’s problems, as it is intended to solve 80% of their problems by next June of the current year, in addition to setting up a special unit for the “golden license” at GAFI, which in turn granted 15 golden licenses for companies, and on its way to approve 40 applications for the golden license obtainment in the coming week, GAFI CEO pointed out.

As for the digital transformation, GAFI CEO announced that the digital platform for companies incorporation will be launched on the first of