A new set of incentives for new and existing investments in Egypt announced by the Supreme Council for Investment
Egypt’s Supreme Council for Investment (SCI), headed by the President of the Republic, has just announced on 16 May 2023, a new set of incentives for existing and new projects and investments in the country. We will continue to watch this space and provide updates as they are made official, as we should expect a […]
New points-based system granting medium-term residence permits to foreign investors in renewables, utilities, and infrastructure projects, among others
The board of directors of the General Authority for Investment and Free Zones (GAFI) has just approved a new points-based system to facilitate the issuance of residence permits for foreign investors in Egypt. According to the new rules, the investor may be granted 5-year continued residence permits, which may be renewed for similar periods during […]