Arab Finance: The General Authority for Investment and Free Zones (GAFI) is probing attracting new Chinese investments to the New Alamein City's yet-to-be established free zone, according to a statement on April 22nd.
This came during a meeting between GAFI’s CEO Hossam Heiba and a delegation of Chinese government officials.
The meeting also touched upon the importance of fostering economic ties between Egypt and China under the Built and Road initiative.