Latest news with #AlphaLau
Daily News Egypt
21-05-2025
- Business
- Daily News Egypt
GAFI, Invest Hong Kong discuss vision for Egypt as regional financial, business hub
Hossam Heiba, CEO of Egypt's General Authority for Investment and Free Zones (GAFI), met with Alpha Lau, Director-General of Invest Hong Kong, to discuss Hong Kong's experience in developing centralized financial and business districts—a model that has positioned the city as Asia's premier hub for wealth management and investment funds. Heiba highlighted Egypt's ambitions to replicate a similar model through a newly drafted law on central financial and business zones. The legislation is designed to create a supportive environment for financial companies and institutions to manage investments, facilitate global trade, and ultimately position Egypt as a leading investment destination across Africa and the Middle East. 'This isn't just about redirecting capital flows; it's about becoming a magnet for them,' Heiba said. He emphasized that Egypt shares several economic characteristics with China, including a large domestic market and the capacity to absorb substantial investments across a wide range of sectors. Heiba also noted Egypt's human capital advantage, pointing to the many Egyptian economists, bankers, engineers, and entrepreneurs who already lead successful investment funds throughout the region. He outlined the government's focus on priority sectors for high-employment and export-driven investment with strong local content. These include renewable energy, automotive manufacturing, textiles, electronics and home appliances, pharmaceuticals, transport and logistics, healthcare, and education. Alpha Lau described Hong Kong as a 'permanent bridge' between China and the global economy. She cited its business-friendly tax regime, efficient investment procedures, and broad network of free trade agreements as factors that make it an ideal platform for Chinese companies to expand abroad. Lau revealed that there is growing interest among Chinese investors to channel capital into Egypt through Hong Kong-based investment vehicles. Egypt's strategic location and its preferential access to African, Arab, and European markets make it an attractive destination for cross-border expansion. This momentum, she noted, was a key reason behind Invest Hong Kong's decision to open an office in Cairo last year.
The Sun
17-05-2025
- Business
- The Sun
InvestHK showcases Hong Kong as Asia's gateway during Cairo visit
HONG KONG SAR - Media OutReach Newswire - 17 May 2025 - Invest Hong Kong (InvestHK), the Hong Kong government's investment promotion arm, announced today (17 May 2025) that Ms Alpha Lau, Director-General of Investment Promotion at InvestHK, visited Cairo, Egypt, to engage with Egyptian businesses eager to establish operations in Hong Kong and capitalise on Asia-Pacific opportunities. During her visit, Ms Lau will attend the Guangdong–Hong Kong–Macao Greater Bay Area Economic and Trade Cooperation Conference (Cairo) on 19 May. At the conference, she engaged with leading Egyptian companies and entrepreneurs, highlighting Hong Kong's advantages as a regional hub, underpinned by its professional workforce, robust rule of law, low and simple tax system, and strategic location at the heart of Asia. Hong Kong–Egypt Economic Ties Flourished In 2023, InvestHK signed a Memorandum of Understanding (MoU) with the General Authority for Investment and Free Zones (GAFI) of the Arab Republic of Egypt, pledging mutual co-operation on investment promotion exchanges and support. In 2024, the department has opened a new office in Cairo, Egypt, to enhance its effort in attracting companies from the Middle East and North Africa (MENA) region to set up or expand their businesses in Hong Kong. In 2024, Hong Kong and Egypt enjoyed a vibrant trade relationship, with bilateral merchandise trade reaching HK$2.1 billion (US$0.3 billion), a 5.4% increase from 2023. This growing economic connection underscored the potential for deeper commercial collaboration. Hong Kong's Investment Environment Hong Kong is considered to be one of the most liberal and easiest places to do business in the world, as reflected in many renowned international rankings. To name just a few, the Business Ready 2024 Report published by the World Bank Group has ranked Hong Kong the first in 'International Trade'; Hong Kong also ranked as the world's freest economy in the 'Economic Freedom of the World: 2024 Annual Report' by the Fraser Institute and the 5th most competitive economy in the 'World Competitiveness Yearbook 2024' by the International Institute for Management Development; and according to the 'World Investment Report 2024' released by the United Nations Trade and Development in June 2024, Hong Kong was the 4th largest recipient of FDI inflow in 2023 globally. Ms Lau said, 'Egypt's strategic location as a gateway to Africa and the Middle East, combined with its dynamic and diversified economy, makes it a natural partner for Hong Kong. Hong Kong, as Asia's leading international financial hub and Asia's business Launchpad, offers Egyptian enterprises a reliable platform to access Mainland China and the broader Asia-Pacific region.' She added, 'Our team in Cairo is ready to assist Egyptian companies to set up and expand their businesses in Hong Kong. We offer one-stop customised support services, from the planning to implementation stages. We look forward to working with you closely to unlock new opportunities across Asia.'
Arabian Post
17-05-2025
- Business
- Arabian Post
InvestHK showcases Hong Kong as Asia's gateway during Cairo visit
HONG KONG SAR – Media OutReach Newswire – 17 May 2025 – Invest Hong Kong (InvestHK), the Hong Kong government's investment promotion arm, announced today (17 May 2025) that Ms Alpha Lau, Director-General of Investment Promotion at InvestHK, visited Cairo, Egypt, to engage with Egyptian businesses eager to establish operations in Hong Kong and capitalise on Asia-Pacific opportunities. During her visit, Ms Lau will attend the Guangdong–Hong Kong–Macao Greater Bay Area Economic and Trade Cooperation Conference (Cairo) on 19 May. At the conference, she engaged with leading Egyptian companies and entrepreneurs, highlighting Hong Kong's advantages as a regional hub, underpinned by its professional workforce, robust rule of law, low and simple tax system, and strategic location at the heart of Asia. Hong Kong–Egypt Economic Ties Flourished In 2023, InvestHK signed a Memorandum of Understanding (MoU) with the General Authority for Investment and Free Zones (GAFI) of the Arab Republic of Egypt, pledging mutual co-operation on investment promotion exchanges and support. In 2024, the department has opened a new office in Cairo, Egypt, to enhance its effort in attracting companies from the Middle East and North Africa (MENA) region to set up or expand their businesses in Hong Kong. In 2024, Hong Kong and Egypt enjoyed a vibrant trade relationship, with bilateral merchandise trade reaching HK$2.1 billion (US$0.3 billion), a 5.4% increase from 2023. This growing economic connection underscored the potential for deeper commercial collaboration. Hong Kong's Investment Environment Hong Kong is considered to be one of the most liberal and easiest places to do business in the world, as reflected in many renowned international rankings. To name just a few, the Business Ready 2024 Report published by the World Bank Group has ranked Hong Kong the first in 'International Trade'; Hong Kong also ranked as the world's freest economy in the 'Economic Freedom of the World: 2024 Annual Report' by the Fraser Institute and the 5th most competitive economy in the 'World Competitiveness Yearbook 2024' by the International Institute for Management Development; and according to the 'World Investment Report 2024' released by the United Nations Trade and Development in June 2024, Hong Kong was the 4th largest recipient of FDI inflow in 2023 globally. Ms Lau said, 'Egypt's strategic location as a gateway to Africa and the Middle East, combined with its dynamic and diversified economy, makes it a natural partner for Hong Kong. Hong Kong, as Asia's leading international financial hub and Asia's business Launchpad, offers Egyptian enterprises a reliable platform to access Mainland China and the broader Asia-Pacific region.' She added, 'Our team in Cairo is ready to assist Egyptian companies to set up and expand their businesses in Hong Kong. We offer one-stop customised support services, from the planning to implementation stages. We look forward to working with you closely to unlock new opportunities across Asia.' Hashtag: #InvestHK The issuer is solely responsible for the content of this announcement.
Associated Press
17-05-2025
- Business
- Associated Press
InvestHK showcases Hong Kong as Asia's gateway during Cairo visit
HONG KONG SAR - Media OutReach Newswire - 17 May 2025 - Invest Hong Kong (InvestHK), the Hong Kong government's investment promotion arm, announced today (17 May 2025) that Ms Alpha Lau, Director-General of Investment Promotion at InvestHK, visited Cairo, Egypt, to engage with Egyptian businesses eager to establish operations in Hong Kong and capitalise on Asia-Pacific opportunities. During her visit, Ms Lau will attend the Guangdong–Hong Kong–Macao Greater Bay Area Economic and Trade Cooperation Conference (Cairo) on 19 May. At the conference, she engaged with leading Egyptian companies and entrepreneurs, highlighting Hong Kong's advantages as a regional hub, underpinned by its professional workforce, robust rule of law, low and simple tax system, and strategic location at the heart of Asia. Hong Kong–Egypt Economic Ties Flourished In 2023, InvestHK signed a Memorandum of Understanding (MoU) with the General Authority for Investment and Free Zones (GAFI) of the Arab Republic of Egypt, pledging mutual co-operation on investment promotion exchanges and support. In 2024, the department has opened a new office in Cairo, Egypt, to enhance its effort in attracting companies from the Middle East and North Africa (MENA) region to set up or expand their businesses in Hong Kong. In 2024, Hong Kong and Egypt enjoyed a vibrant trade relationship, with bilateral merchandise trade reaching HK$2.1 billion (US$0.3 billion), a 5.4% increase from 2023. This growing economic connection underscored the potential for deeper commercial collaboration. Hong Kong's Investment Environment Hong Kong is considered to be one of the most liberal and easiest places to do business in the world, as reflected in many renowned international rankings. To name just a few, the Business Ready 2024 Report published by the World Bank Group has ranked Hong Kong the first in 'International Trade"; Hong Kong also ranked as the world's freest economy in the 'Economic Freedom of the World: 2024 Annual Report' by the Fraser Institute and the 5th most competitive economy in the 'World Competitiveness Yearbook 2024" by the International Institute for Management Development; and according to the 'World Investment Report 2024" released by the United Nations Trade and Development in June 2024, Hong Kong was the 4th largest recipient of FDI inflow in 2023 globally. Ms Lau said, 'Egypt's strategic location as a gateway to Africa and the Middle East, combined with its dynamic and diversified economy, makes it a natural partner for Hong Kong. Hong Kong, as Asia's leading international financial hub and Asia's business Launchpad, offers Egyptian enterprises a reliable platform to access Mainland China and the broader Asia-Pacific region.' She added, 'Our team in Cairo is ready to assist Egyptian companies to set up and expand their businesses in Hong Kong. We offer one-stop customised support services, from the planning to implementation stages. We look forward to working with you closely to unlock new opportunities across Asia.' Hashtag: #InvestHK The issuer is solely responsible for the content of this announcement.
Malay Mail
17-05-2025
- Business
- Malay Mail
InvestHK showcases Hong Kong as Asia's gateway during Cairo visit
HONG KONG SAR - Media OutReach Newswire - 17 May 2025 - Invest Hong Kong (InvestHK), the Hong Kong government's investment promotion arm, announced today (17 May 2025) that Ms Alpha Lau, Director-General of Investment Promotion at InvestHK, visited Cairo, Egypt, to engage with Egyptian businesses eager to establish operations in Hong Kong and capitalise on Asia-Pacific opportunities. During her visit, Ms Lau will attend the Guangdong–Hong Kong–Macao Greater Bay Area Economic and Trade Cooperation Conference (Cairo) on 19 the conference, she engaged with leading Egyptian companies and entrepreneurs, highlighting Hong Kong's advantages as a regional hub, underpinned by its professional workforce, robust rule of law, low and simple tax system, and strategic location at the heart of 2023, InvestHK signed a Memorandum of Understanding (MoU) with the General Authority for Investment and Free Zones (GAFI) of the Arab Republic of Egypt, pledging mutual co-operation on investment promotion exchanges and support. In 2024, the department has opened a new office in Cairo, Egypt, to enhance its effort in attracting companies from the Middle East and North Africa (MENA) region to set up or expand their businesses in Hong 2024, Hong Kong and Egypt enjoyed a vibrant trade relationship, with bilateral merchandise trade reaching HK$2.1 billion (US$0.3 billion), a 5.4% increase from 2023. This growing economic connection underscored the potential for deeper commercial Kong is considered to be one of the most liberal and easiest places to do business in the world, as reflected in many renowned international rankings. To name just a few, the Business Ready 2024 Report published by the World Bank Group has ranked Hong Kong the first in "International Trade"; Hong Kong also ranked as the world's freest economy in the "Economic Freedom of the World: 2024 Annual Report" by the Fraser Institute and the 5th most competitive economy in the "World Competitiveness Yearbook 2024" by the International Institute for Management Development; and according to the "World Investment Report 2024" released by the United Nations Trade and Development in June 2024, Hong Kong was the 4th largest recipient of FDI inflow in 2023 Lau said, "Egypt's strategic location as a gateway to Africa and the Middle East, combined with its dynamic and diversified economy, makes it a natural partner for Hong Kong. Hong Kong, as Asia's leading international financial hub and Asia's business Launchpad, offers Egyptian enterprises a reliable platform to access Mainland China and the broader Asia-Pacific region."She added, "Our team in Cairo is ready to assist Egyptian companies to set up and expand their businesses in Hong Kong. We offer one-stop customised support services, from the planning to implementation stages. We look forward to working with you closely to unlock new opportunities across Asia."Hashtag: #InvestHK The issuer is solely responsible for the content of this announcement.
