Arab Finance: The General Authority for Investment and Free Zones (GAFI) has signed a memorandum of understanding (MoU) with Qatar National Bank Alahli (QNB Alahli) to promote investments in Egypt, as per a statement on October 23rd.
Under the MoU, the bank will promote investments in Egypt via its branches across the world, in addition to providing information regarding the economic investment opportunities in Egypt.
On the other hand, the authority will provide the bank with the information and legislation needed respecting the investment opportunities and targeted sectors in Egypt, along with offering services to the bank’s customers.