This came in line with GAFI's achievement in attracting investments throughout 2023 within the Middle East and North Africa. The award was presented during the 13th Annual Investment Forum AIM2024, hosted in Abu Dhabi.
Under the terms of the MoU, UK Export Finance, which serves as the British export financing agency, will provide financial support for a range of projects in close coordination with the GAFI
One of the Chinese alliances expressed its desire to establish an integrated textile city that includes all stages of the industry with investments estimated at $300 million. Egypt has all the capabilities to be a major base for the textile industry worldwide.
The purpose of the meeting was to discuss these standards with the respective ministers prior to their submission to the cabinet, Madbouly added.
The companies that were given the Golden Licenses, on Tuesday, came as follows: the National Egyptian Railway Industries Company (NERIC) plans to establish a factory worth EGP 3.6 billion within the Suez Canal Economic Zone (SCzone).
