GAFI Explores Ways to Strengthen Investment Cooperation with Cyprus and Open New Avenues for European Investment
Dr. Mohamed Awad, GAFI CEO, held a meeting with Mr. Marios Tannousis, CEO of the Cyprus Investment Promotion Agency (Invest Cyprus), on the sidelines of the World Association of Investment Promotion Agencies (WAIPA) Conference in Geneva. The meeting aimed to explore ways to strengthen cooperation and expand investment promotion activities between the two countries.
The meeting discussed leveraging Cyprus's strategic location and its economic ties with European markets to promote investment opportunities in Egypt. Both sides agreed to exchange promising investment opportunities and showcase Egyptian opportunities to the European business community and investors, thereby contributing to attracting further investment to Egypt.
The two sides also discussed exchanging expertise, jointly promoting investment opportunities, and capitalizing on their respective competitive advantages.
Both sides emphasized the importance of maintaining institutional coordination and communication to further develop investment relations and open new avenues for cooperation with the European business community and investors.