Singapore’s Destiny Energy to invest $210m in Egypt to produce 100,000 tonnes of green ammonia annually
Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI), met with Vijay Sersi, CEO of Singapore-based Destiny Energy, to discuss the company’s plans to establish a green ammonia production facility in Egypt. Sersi stated that Destiny
GAFI to launch startup offices in free zones within six months
The General Authority for Investment and Free Zones (GAFI) will begin operating the administrative offices dedicated to hosting startups in the Nasr City Free Zone within six months, according to CEO Hossam Heiba. Heiba said GAFI also plans to allocate
Egypt’s solar panel production to begin by early 2026 with up to 90% local component: GAFI
Egypt will begin solar panel production in early 2026 with a local component rate of up to 90%, according to Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI). Heiba said the move marks a significant
GAFI leads first investment promotion mission to Indonesia
As part of Egypt’s efforts to diversify sources of foreign investment, particularly from East Asian economies, Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI), led the Authority’s first-ever investment promotion mission to the Republic of
Malawi explores Egypt’s experience in free zone management
The General Authority for Investment and Free Zones (GAFI) hosted a delegation from the Malawi Investment and Trade Centre to learn from Egypt’s experience in managing free and investment zones. The visit took place within the framework of cooperation between