CAIRO – 2 December 2020: General Authority for Free Zones and Investment (GAFI) adopted a group of reform policies to provide proper investment climate for investors, CEO of GAFI Mohamed Abdel Wahab said Wednesday.

“GAFI’s reform policies included solving all challenges facing investors and promoting investment opportunities that exist in Egypt,” Abdel Wahab added during his speech at Egypt Economic Summit (EES).

He clarified that it applied several procedures to confront COVID-19 including allowing ordinary and extraordinary general assembly of companies to gather and meet via modern new and of communication.

According to Abdel Wahab, GAFI won the first place at the  investment summit in Dubai.

The second edition of Egypt Economic Summit kicked off Wednesday, Dec. 2, in Cairo, under the auspices of Prime Minister Mostafa Madbouli.

The summit, which is entitled ,” Investment Opportunities”, aims to pinpoint strategies for the Egyptian Economy in a Post-Pandemic world, including panels related to sectors of investment and finance, Information and Communication Technology (ICT), and real estate.

According to an earlier press release, the investment and banking panel will highlight the role of financial institutions in underpinning the Egyptian economy during the COVID-19 slump. The second panel will tackle ICT infrastructure and its readiness for the state’s digital transformation. Moreover, the third session will focus on the post-pandemic performance of the real estate sector.