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Emigration Minister, GAFI chief probe setting up joint stock company for Egyptian expats

Minister of State for Emigration and Egyptian Expatriates’ Affairs Soha Gendi discussed with Mohamed Abdel Wahab, head of the General Authority for Investment and Free Zones (GAFI), mechanisms for establishing a joint stock company for Egyptian expats in the different economic activities.

The ministry said in a statement on Saturday 10/09/2022 that both sides probed mechanisms to implement the directives of Prime Minister Moustafa Madbouli to establish the company that will operate in different economic activities under the recommendations of the third conference for Egyptian entities abroad, held in the New Administrative Capital in August.

During the meeting, Abdel Wahab underlined the need to have ongoing cooperation with the ministry, in addition to forming a unit at GAFI to receive Egyptians living abroad and provide them with all necessary data and services to ease carrying out investment projects.

Source: State Information Service Egypt

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