General authority for investment

Executive President of the General Authority For Investment and Free Zones (GAFI) Alaa Eddin Omar left Cairo on Sunday for Jordan to take part in a meeting of the joint technical committee of investment cooperation between the two countries.

During the two-day gathering, Omar will discuss with Jordanian officials means to increase investments in the two countries.

The volume of Jordanian investments in Egypt amounts to 501 million dollars against 300 million dollars in Egyptian investments in Jordan but they jumped to 1 billion after the signing of the Porto Dead Sea agreement.

Omar will meet Jordanian businessmen, industrialists and contractors to discuss cooperation between the two countries.

During his stay, Omar will take part in the activities of the investment forum in the Arab world, which is organized by the Arab businessmen federation, on December 16-17 in the city of Aqaba.