Mr. Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI), and Dr. Ghada Nour, Deputy Minister of Investment and Foreign Trade, met with Sheikh Faisal Bin Qassim Al-Thani, Chairman of Al Faisal Holding’s and Chairman of the Qatari Businessmen Association, in the presence of the Managing Director and CEO of Al Rayyan Tourism Investment Company (ARTIC), a subsidiary of the group.
During the meeting, the latest developments in Egypt’s investment climate and the available investment opportunities were presented.
The Egyptian side highlighted that Egypt has implemented numerous reforms aimed at providing a conducive environment for attracting more foreign direct investment, as well as establishing various mechanisms to overcome any challenges investors may face.
They emphasized the importance the Egyptian government places on empowering the private sector and expanding its role in development, in addition to simplifying procedures and establishing clear timelines for service delivery to investors.
The company’s chairman expressed their interest in expanding its investments in Egypt during the coming period and presented the company’s expansion plans in the Egyptian market.
Both sides agreed to continue their cooperation in the upcoming period through the exchange of data related to investment opportunities the company wishes to explore, as well as holding meetings and conducting site visits.
