CAIRO - 9 August 2023: Damietta Green Ammonia Production Company completed its establishment within the first phase of the service of establishing companies through GAFI’s electronic portal. Prime Minister Mostafa Madbouly, witnessed the establishment of the first company electronically through the digital platform of the General Authority for Investment and Free Zones (GAFI). GAFI will handle the remaining incorporation procedures with external parties involved in the company establishment process, and subsequently send the relevant company documents to the investor via mail. Mr. Hossam Heiba, GAFI CEO, has announced that GAFI has taken a significant step towards enhancing convenience for investors and promoting transparency. The authority has successfully implemented a fully electronic company establishment service.

Source: Egypt Today August 09, 2023 14:57 UTC