Egypt's GAFI Will Launch a Digital Platform To Establish Firms Online

The General Authority for Investment and Free Zones (GAFI) in Egypt is launching a digital platform that will allow investors to establish companies online starting June 1st. According to Hossam Heiba, CEO of GAFI, the Egyptian government hopes to resolve around 80% of investors' problems in June.

The announcement was made during a meeting with the Egyptian-Swiss Business Association and the Swiss Ambassador to Cairo, Yvonne Baumann. Throughout the meeting, Baumann emphasised the growing interest in Swiss investment in the Egyptian market, with 80 Swiss firms operating throughout Egypt in a range of sectors. GAFI's latest developments are the latest in a series of enhancements in Egypt's investment climate, which helps further support interest from foreign investors.