Sisi ratifies General Authority for Investment and Free Zones budget law

MENA , Sunday 7 Jul 2019

File photo of Egypt's President Abdel Fattah El-Sisi speaks during a news conference at the presidential palace in Cairo. (Photo: Reuters)

Egyptian President Abdel-Fattah El-Sisi ratified on Sunday law no. 110 of 2019/20 on the budget of the General Authority For Investment & Free Zones (GAFI) after it was passed by the House of Representatives.

The GAFI budget is estimated for fiscal year 2019/2020 at about EGP 11.123 billion.

The law has been published in the official gazette. 

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