Egypt's GAFI, Invest Qatar signs MoU to promote joint investments

Updated 3/3/2024 7:04:00 AM
Egypt's GAFI, Invest Qatar signs MoU to promote joint investments

Arab Finance: The General Authority for Investment and Free Zones (GAFI) inked a memorandum of understanding (MoU) with the Promotion Agency Qatar (Invest Qatar) to encourage investment cooperation between Egypt and Qatar, as per a statement.

The MoU aims to reinforce cooperation between the two countries in organizing investment promotion activities, as well as in facilitating the establishment of joint projects.

GAFI's CEO Hossam Heiba stressed that Egypt is working to provide a suitable climate to attract foreign investments and overcome all obstacles facing investors.

Moreover, he expressed the authority’s readiness to assist any company seeking to expand its investments in Egypt over the coming period.

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