Sahar Nasr signs a protocol with Ajman Free to cooperate in investing in the media

Mohamed Abdel Wahab, executive vice president of GAFI, chairman of the public free zone media zone, and Mahmoud Khalil Al Hashemi, executive director of Ajman Free Media City, signed a memorandum of cooperation to strengthen media relations in the free zones.

This protocol is part of a fruitful cooperation and in the spirit of fraternal relations between Egypt and the United Arab Emirates in various areas of cooperation, including in the areas of international cooperation. investment, in order to maximize the benefits for both countries. In the consolidation and strengthening of these relations through cooperation in the field of investments in the free zones, recognizing that this cooperation will exchange experiences and enrich the investment arena and the media in both countries.

Mohamed Abdel Wahab The General Authority for Investment and Free Zones (FATF) reports that the public free zone in Egypt is one of the oldest free zones in the Middle East.

According to Sahar Nasr, Minister of Investment and International Cooperation, the region is attracting more investment

He stressed that this protocol aims to exchange business opportunities and opportunities. Investment, as well as the provision of incentives, Foster cooperation in the field of media investment and management of free media areas within the limits set by the Law on Investment and developments in the field investment in the media of both countries. Publications, periodicals and investment and business guides, which each party publishes, encourage the exchange of trade missions and follow-up visits between the two countries, and organize conferences and seminars related to investment and media management

The protocol also aims to encourage investors from both sides to enter into cooperation agreements, contracts and treaties in the information promote and encourage the exchange of expertise and technical know-how. Training opportunities between the two sides in the field of media investment and free zones as well as in investor services.

Mahmoud Khalil Al Hashemi, Ajman Free Media City's Executive Director, confirmed that relations between Egypt and the UAE are a fraternal relationship. That Egypt is considered a pioneer in the field of media in the Arab world if the city of Ajman works to benefit from the Egyptian expertise in this field and realize the integration of investments in the media field between the two countries.

Ajman Media Free City aims to position Ajman Emirate in the map of media centers in the Gulf and the Middle East by developing and implementing appropriate strategic plans to attract media companies and advertising agencies. Thanks to the great potential of the city to achieve its goals.