GAFI Chief: Digital Expansion Boosts Business Confidence, Accelerates Transactions

Ekhbary News Agency | 2024-05-15

Dr. Mohamed Awad, CEO of the General Authority for Investment and Free Zones (GAFI), convened a pivotal meeting with key personnel from the Central Administration for Information Systems and Digital Transformation. The gathering, attended by Eng. Sherif Yahya, Assistant Minister of Investment and Foreign Trade for Development, and Dr. Dalia El-Hawary, GAFI Deputy CEO, aimed to assess the progress of ongoing digital transformation projects within the Authority. For what it's worth, these initiatives are central to GAFI's modernization efforts.

Digital Expansion's Impact on Business Operations

The meeting underscored the critical importance of digital expansion in significantly accelerating the completion of business transactions. Such advancements are not merely about efficiency; they actively foster greater trust within the business community regarding the investment climate. This approach fundamentally streamlines processes for investors.

Sustaining Development Efforts

Participants firmly reiterated the necessity of persistently advancing digital development and transformation initiatives. Building a comprehensive digital economy remains a strategic imperative for Egypt, expected to cultivate a more attractive and agile investment environment, thereby supporting sustainable economic growth.