CAIRO – CEO of the General Authority for Investment and Free Zones (GAFI) Mohamed Abdel Wahab issued a decision on establishing a services unit for Egyptian companies listed on the Egyptian bourse (EGX).
The decision came in accordance with directives of Prime Minister Moustafa Madbouli.
Under the decision, the unit will be affiliated to Abdel Wahab and chaired by Yasser Ahmed Abbas, the chairman of the investment services sector.
The unit will work on swiftly offering services to companies set up in GAFI and listed on the Egyptian bourse.
The unit will also examine complaints and challenges in addition to taking needed measures to solve problems.
The unit will also hold periodical meetings with the bourse to examine any complaints or needed measures, with recommendations due to be referred to the GAFi CEO.
