The House of Representatives gives the final approval on amending Article 34 of the Investment Law No. 72 for 2017 allowing the licensing of natural gas-based industry projects, especially fertilizers and petrochemicals, to work under the free zones systems.

Saad Abu Al Maati, the Chairman of Abu Qir for Fertilizers and Chemical Industries Company, announced that the production of the company exceeded the expectations during the fiscal year (FY) 2019/2020 despite the special circumstances and challenges of coronavirus outbreak.

The Cabinet approved the General Authority For Investment And Free Zones’ (GAFI) proposal to allow licensing of projects of natural gas-based industries to work according to Free Zones regulations.

China's Beijing Enterprises Group to pump investments into Egypt in the framework of the government’s Sustainable Development Strategy