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11,000 companies established in 2015 with capital of EGP 29 billion
Mohamed Sameh Published in Albawaba on 16 - 01 - 2016

Chief Executive Officer of General Authority for Investment and Free Zones (GAFI), Alaa El Din Omar announced Saturday that 11,000 companies were established at end of 2015, with a capital of EGP 29 billion.
This came during a workshop held by the ministry of investment, headed by minister, Ashraf Salman, in Ain Sukhna, Suez governorate, to discuss the unified investment law, Al Bawaba News reported.
The total number of companies established in 2015 is an increase of EGP 14 billion, from 9239 companies established in 2014, with a capital of EGP 15 billion, Omar revealed.
Omar pointed out that 8512 companies were established at the end of 2014, with a capital of EGP 10.2 billion.

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