Search Result
" Golden License"

17 results

Business - Economy
3/26/2024 6:57:56 PM
Hossam Heiba, executive director of the General Authority for Investment and Free Zones (GAFI), granted on Tuesday golden licenses to six companies implementing projects worth EGP 5.6 billion (just over $117 million), bringing the total number of projects receiving golden licenses to 29.

Business - Economy
1/31/2024 1:34:34 PM
Japanese car parts supplier Yazaki has announced commencing the construction of its manufacturing facility in Egypt, with an investment of 30 million euros ($32.49 million), according to a cabinet statement on Wednesday.

Business - Economy
11/27/2023 2:52:44 PM
Egypt’s General Authority for Investments and Free Zone (GAFI) announced launching the first phase of the single-window approval “Golden License” online portal in English and Arabic, according to a cabinet statement on Monday.

Business - Markets & Companies
10/29/2023 2:56:07 PM
Egypt’s General Authority for Investment and Free Zones (GAFI) granted four golden licences to facilitate $487 million in investments in four new projects by Samsung Electronics Egypt, Egyptian Natural Gas Company (GASCO), Fayoum for Stores and Warehouses, and EgyptSat2.

Business - Economy
9/20/2023 10:31:05 PM
Egypt has increased its economic growth rate target for the fiscal year (FY) 2023/2024 to 4.4 percent from the previously targeted 4.1 percent, said Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI), on Wednesday.

Business - Economy
9/20/2023 9:17:04 PM
The Egyptian Cabinet agreed to grant the golden licence to private company EgyptSat Auto to build and operate a factory that will begin producing electric vehicles (EVs) by the end of 2024.

Business - Markets & Companies
8/30/2023 8:12:00 PM
The Egyptian Cabinet has granted Samsung Electronics Egypt a golden licence to build and operate a mobile phone factory in Beni Suef, according to a statement on Wednesday.

Business - Economy
8/7/2023 2:56:22 PM
The Egyptian General Authority for Investment and Free Zones (GAFI) announced on Monday the creation of a new single-approval system for projects to facilitate investments.

Business - Economy
7/24/2023 3:42:44 PM
Yazaki, a Japanese car parts supplier, has signed an agreement with the Governor of Fayoum to allocate land for a new factory that will be constructed by the company's local subsidiary using 30 million euros ($33.27 million) in investments, according to a statement by the Egyptian cabinet on Monday.

Business - Economy
7/19/2023 10:21:56 PM
The Egyptian Cabinet granted Golden Licences to five projects with total investments of EGP 10.2 billion ($329.34 million) during a meeting on Wednesday, according to a cabinet statement.

Business - Markets & Companies
5/28/2023 11:57:34 AM
Egypt's General Authority for Investment (GAFI) issued two golden licenses to BSH Egypt and Beko Egypt Group for the production of home appliances and durable goods in 10th of Ramadan City.

Business - Economy
5/23/2023 1:06:47 PM
The Egyptian government has granted 10 golden licenses to new businesses, President of the General Authority of Investment (GAFI) Hossam Abu Heiba said on Monday during an interview with Asharq Business.

Egypt - Society
5/16/2023 2:57:57 PM
The Egyptian cabinet announced on Tuesday the launch of an English-language version of its official website to expand its outreach to global communities, a statement released by the cabinet read.

Business - Markets & Companies
3/30/2023 12:00:24 AM
Egypt’s Cabinet agreed during its weekly meeting on Wednesday to grant the golden licence to BSH Bosch company and Beko Egypt Group.

Business - Economy
12/10/2022 12:00:00 AM
In late 2022, Egypt introduced the golden license, allowing investors to purchase or lease land and oversee projects without requiring approval from various government entities.

Business - Economy
12/7/2022 4:45:29 PM
Egypt’s Cabinet launched on Wednesday a website through which potential investors can apply for a “golden license,” which grants investors approval to buy/rent land and operate projects without having to secure prior approval from multiple government bodies.

Egypt - Politics
10/29/2022 11:16:00 PM
President Abdel-Fattah El-Sisi directed the government to grant a "golden license" to all investors applicants for three months, to facilitate procedures for establishing priority projects for the state.