Al-Gohary concluded that he would submit a request to the ministry of investment and head of GAFI
to inquire the reasons behind this decision and its impact on the investment climate in Egypt, especially under the implementation of the current economic reform programme.
Among the existing provisions that GAFI
activated was the requirement to register the shares of a joint stock company in a central depository company even if the joint stock company is not publicly listed.
's Vice Executive Director Mohamed Abdelwahab meets Kuwaiti media delegation
Chairman of GAFI
highlighted the importance of economic integration between the two countries and called for activating investment agreements signed between the two countries.
Client Name : GAFI
- General Authority for Investment & Free Zones
"This year budget aims at pumping 291 billion Egyptian pounds to stimulate Egyptian economy, with 60 percent contribution from the private sector," Hassan Fahmi, GAFI
En sa qualite d'instance internationale chargee d'etablir les normes internationales en matiere de lutte contre le blanchiment de capitaux et d'en surveiller l'application, le GAFI
a publie un communique a cet effet, et ce, a l'issue de sa reunion pleniere qui a eu lieu a Paris du 16 au 18 octobre courant.
Coca-Cola Co has also said, according to a GAFI
statement, that it plans to double its investments in Egypt by $200 million in 2012.
Summary: CAIRO - UAE Ambassador to Egypt and Permanent Representative to the League of Arab States Mohammed Bin Nakheera Al Dhaheri has met chairman of Egypt's General Authority for Investment (GAFI
) Usama Saleh to discuss venues of economic and investment cooperation between the two countries.
He said Argentina was a member of the GAFI
( Financial Action Task Force), which was the principal organisation against money laundering and financing of terrorism.