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GAFI, Mashreq Bank ink deal to attract foreign, local investments

GAFI and Mashreq Bank ink a deal to boost cooperation, attract foreign and local investments, and enhance Egypt's business climate.
24.03.25 | Source: Egypt Independent

General Authority for Investment and Free Zones (GAFI) and Mashreq Bank Saturday 22/3/2025 sealed a cooperation deal to boost cooperation in the investment domain and contribute to attracting local and foreign investments to Egypt.



The memorandum of understanding was signed by GAFI CEO Hossam Heiba and Mashreq Bank Egypt CEO Amr al-Bahey.


GAFI CEO affirmed the top priority given by the government to the private sector in light of its key role in stimulating and fostering investments in various sectors.


He added that coordination between the public and private sectors contributes to improving the business climate and ensuring its sustainability.


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