Prime Minister Dr. Mostafa Madbouly issued Decree No. 2345 of 2026 appointing Counselor Ahmed Mohamed Taher Sheta and Mr. Walid Anwar as Deputies to the CEO of the General Authority for Investment and Free Zones (GAFI). GAFI serves as Egypt's primary agency for foreign investment promotion, free zone management, and industrial investment licensing.
GAFI deputy leadership changes can influence industrial investment timelines, factory licensing speed, and free zone manufacturing approvals. Industrial investors pursuing factory construction or expansion in Egyptian free zones or industrial zones typically interact with GAFI for regulatory facilitation and investment incentives.