Arab Finance: The 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, Al Ahram Gate reported, citing GAFI’s CEO Hossam Heiba.

The new single-approval license is issued for investors within 20 working days, and it covers construction, environmental, civil protection, and any investment activity licenses, Heiba said.

Heiba announced earlier that 22 companies have obtained the golden license so far, adding that the authority will also launch its e-incorporation service within the coming days.

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