Cabinet “approves incentives to support investment activities related to the green economy”

Publication Number: ECES-VON-670
16-03-2022
Source: Masrawy

Our Views

The Cabinet, at its meeting today headed by Dr. Mostafa Madbouly, approved a number of decisions presented by Counselor Mohamed Abdel Wahab, CEO of the General Authority for Investment and Free Zones. The aim is to: Provide incentives and support to investment activities related to the green economy, artificial intelligence, innovation, and scientific research projects; and to localize industry and streamline the business environment in Egypt by simplifying procedures and setting a specific timeframe for the performance of services for investors.

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