In a move to strengthen economic ties between Egypt and Saudi Arabia, Egypt’s General Authority for Investment and Free Zones (GAFI) is preparing to open a new Saudi investment office in Cairo, according to GAFI’s CEO, Hossam Heiba. GAFI is planning to open similar offices for other countries with major investments in Egypt, Heiba noted. The office will focus on supporting Saudi investors by showcasing investment opportunities in Egypt, fielding inquiries, and tackling any challenges they encounter. Additionally, GAFI intends to conduct a comprehensive survey of Saudi investments in Egypt in the near future in response to a lack of current data, as many investments are funneled into the coun
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