#business

In an announcement at the RiseUp Summit 2025 on 10 May at the Grand Egyptian Museum, Hossam Heiba, CEO of the General Authority for Investment and Free Zones, revealed that Egypt will now permit export-focused service startups to establish their headquarters within its free zones. The move, which offers full customs and tax exemptions, marks a first-of-its-kind initiative aimed at boosting investment and innovation. Around 9,000 square meters have been allocated for startup headquarters, with a focus on attracting companies…