The Egyptian Cabinet has approved a request from Abydos Solar Power Company to develop an electricity sale and production project in Aswan’s New Benban.

The General Authority for Investment and Free Zones (GAFI) has so far granted 37 golden licenses to investors.

The Egyptian cabinet has approved the establishment of a new private free zone for YADA EGYPT in New Alamein City with €70 million in investment, marking a major investment in the country’s furniture manufacturing sector.

The cabinet has approved a request submitted by the Red Sea Wind Energy to amend the resolution on granting it the golden license for a power generation project in the Gulf of Suez area.

The General Authority of Investment and Free Zones (GAFI) has issued a total of 31 golden licenses so far to foreign and local investors since December 2022.

The General Authority for Investment and Free Zones (GAFI) has granted new Golden Licenses to six companies, bringing the total number of projects that secured the license to 29.

The General Authority for Investment and Free Zones (GAFI) is currently studying 10 requests from investors to obtain the Golden License, three of which will soon be presented to the Egyptian cabinet for approval.

CEO of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba said that the platform allows investors to submit applications for obtaining the golden license and track the status of those applications.

The Egyptian cabinet has granted the golden license to the National Egyptian Railway Industries Company (NERIC) for the establishment and operation of its railway components manufacturing factory.

The General Authority for Investment and Free Zones (GAFI) has granted new Golden Licenses to four companies.

The Egyptian cabinet has granted the golden license to the Egyptian Natural Gas Company (GASCO) to increase the capacity of the Western Desert Gas Complex with a fourth production line of a design capacity of 600 million cubic feet per day.

The General Authority for Investment and Free Zones (GAFI) has granted the golden license to four additional firms to implement projects in the Suez Canal Economic Zone (SCZone).

The Egyptian cabinet has approved granting Samsung Electronics Egypt a golden license to establish and operate a mobile phone manufacturing factory in Beni Suef.

he General Authority for Investment and Free Zones (GAFI) has issued a new single-approval license for investors as a new version of the golden license.

The General Authority for Investment and Free Zones (GAFI) will issue further golden licenses, already obtained by 22 companies so far.

Minister of Trade and Industry Ahmed Samir held a meeting with General Authority for the Golden Triangle Economic Zone’s (GTEZ) Head Adel Saeed to follow up on the developments of Egypt’s Golden Triangle.

Egypt intends to offer new industrial lands to investors within a month, Chairman of Industrial Development Authority (IDA) Mohamed Abdel karim said.

The project is set to be the first and largest pharmaceutical, vaccines, and medical serums factory in Egypt with up to $150 million in investments.

The General Authority for Investment and Free Zones (GAFI) has granted two golden licenses to Beko Egypt for home appliance and BSH Home Appliances Group.

The Golden license is a single approval for establishing, operating and managing a project and it is granted to companies by a decision of the cabinet, with the aim of encouraging local and foreign investors to accelerate the implementation process of different developmental projects.