Egypt’s Prime Minister Mostafa Madbouly has appointed Mohamed El-Gawsaky as the executive director of the General Authority for Investment and Free Zones (GAFI) for a one-year term, according to a government statement. The appointment is part of state efforts to enhance the investment climate and stimulate economic growth. El-Gawsaky currently serves as the Assistant Minister of Investment and Foreign Trade for planning, trade, and digital transformation. In this capacity, he leads the ministry’s efforts to expand Egypt’s foreign trade capabilities and strengthen international partnerships. As part of his mandate, El-Gawsaky is responsible for formulating mechanisms to develop and improve the efficiency of the investment and foreign trade systems.

Source: Daily News Egypt January 04, 2026 18:15 UTC