News Share Article On News Image 13 Jun 2026 GAFI and China’s Xicheng District Discuss Deepening Investment Cooperation and Attracting Chinese Capital to Egypt Dr. Iman Mansour, GAFI Deputy Chief Executive Officer: “Egypt-China relations are witnessing continuous development, anchored in a strategic partnership that supports investment.” Page Content Dr.
Iman Mansour, GAFI Deputy Chief Executive Officer: “Egypt-China relations are witnessing continuous development, anchored in a strategic partnership that supports investment.” “We are working to create a more competitive business environment to attract new investments and expand the economic partnership with China.” As part of Ministry of Investment and Foreign Trade (MIFT)’s broader push to deepen economic cooperation with international partners and attract foreign direct investment, Dr.
Iman Mansour, Deputy Chief Executive Officer of the General Authority for Investment and Free Zones (GAFI Deputy CEO), received a high-level delegation from China’s Xicheng District, led by Mr. Wang Bo. The two sides discussed ways to strengthen economic and investment cooperation and draw more Chinese investment into the Egyptian market.
During the meeting, both sides explored prospects for cooperation between GAFI and the economic and financial institutions of Xicheng District — one of China’s most important financial and economic centers and home to a number of the country’s largest banks and state-owned enterprises.
GAFI Deputy CEO affirmed that Egypt-China relations are undergoing continuous development, built on solid foundations of cooperation and strategic partnership. She noted that Egypt was the first Arab and African country to establish formal diplomatic relations with China roughly 70 years ago — a milestone that laid the groundwork for a successful model of economic and investment cooperation between the two nations.
She added that this distinguished relationship opens wide avenues for boosting economic cooperation and attracting more joint investment, stressing GAFI’s commitment to creating a competitive and investment-friendly business environment that draws in new capital and broadens the Egypt-China economic partnership across priority sectors.
The meeting examined investment and cooperation opportunities across a number of priority sectors, including tourism and hospitality, new and renewable energy, electrical appliances manufacturing, engineering industries, automotive manufacturing, and financial s