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Al Faisal Group expresses interest in expanding investments in Egypt

Businessmen Team news 27 November 2025 04:29 PM
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Al Faisal Group expresses interest in expanding investments in Egypt

Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI), and Dr. Ghada Nour, Assistant Minister of Investment and Foreign Trade, met with Sheikh Faisal bin Qassim Al Thani, Chairman of Al Faisal Holding Group and Chairman of the Qatari Businessmen Association, in the presence of the Managing Director and CEO of Artic, a subsidiary of the group.

The meeting reviewed the latest developments in Egypt’s investment environment and the available investment opportunities in the country.

It was noted that Egypt has implemented a series of reforms aimed at creating a favorable climate to attract additional foreign direct investment, as well as providing mechanisms to overcome any challenges that investors may face. The discussion highlighted the Egyptian government’s focus on empowering the private sector, expanding its role in development, simplifying procedures, and setting clear timeframes for delivering services to investors.

The company chairman affirmed his interest in expanding the group’s investments in Egypt in the coming period and presented the company’s expansion plans in the country.

Both sides agreed to continue their joint cooperation in the coming period, exchanging data on investment opportunities the company wishes to study, and conducting meetings and on-site visits.