85% of New Companies in Egypt Established Digitally, Says GAFI Official
Yasser Abbas, Deputy CEO of the General Authority for Investment and Free Zones (GAFI), announced that 85% of companies in Egypt are now being established electronically, highlighting the success of ongoing efforts to digitize and streamline investment procedures in the country.
According to a statement from GAFI, Abbas explained that Egypt’s unified electronic licensing platform—launched earlier this year by the Ministry of Investment and Foreign Trade—will be a core component of the upcoming national Economic Entities Platform, currently under development by the Ministry of Communications and Information Technology. The new digital ecosystem aims to provide investors with fast, high-quality services through a fully integrated and efficient online experience.
Abbas emphasized the importance of continuous coordination with the Ministry of Foreign Affairs, which has led to GAFI’s participation in previous editions of major investment conferences. He also noted the launch of a dedicated service window within GAFI for Egyptian expatriates looking to establish companies back home. Additionally, a specialized advisory unit has been established to guide Egyptians abroad on the best investment frameworks and procedures, as well as to connect them with opportunities listed on Egypt’s Investment Map, which now includes around 2,000 viable projects across various sectors.
The Deputy CEO urged Egyptians living abroad to take advantage of Egypt’s increasingly attractive investment climate, citing major infrastructure developments including the construction and upgrading of 18 seaports and over 7,800 kilometers of new roads, alongside the expansion of logistics service centers. These improvements, he said, have significantly enhanced Egypt’s integration into global value chains.
Abbas also pointed to a stable and flexible legislative environment that offers general incentives for all investments and specific incentives for priority sectors under the Egypt Vision 2030 development strategy. As part of this vision, the government has launched dedicated national strategies to support both the automotive and green hydrogen industries—sectors that have already attracted substantial foreign investment.
Reassuring both local and international investors, Abbas concluded by highlighting Egypt’s tiered dispute-resolution framework. This includes the Principles and Procedures Facilitation Committee, a specialized negotiation and mediation center, GAFI’s Central Investor Support Department—which has successfully resolved 90–95% of investor concerns—and the Cabinet-level Ministerial Committee for Investment Dispute Resolution.