Cabinet's economic group approves investment law's executive regulations

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Mon, 07 Aug 2017 - 07:30 GMT

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Mon, 07 Aug 2017 - 07:30 GMT

Minister of Investment and International Cooperation Sahar Nasr – File Photo

Minister of Investment and International Cooperation Sahar Nasr – File Photo

CAIRO – 7 August 2017: Cabinet's economic group approved the investment law's executive regulations Monday. It will be reviewed by the government during its coming general meeting according to Investment and International Cooperation Minister Sahar Nasr.
During a press conference held in the cabinet headquarter, Nasr said that the new executive regulations will support the private sector and improve the citizen’s income.

Earlier on Monday, Prime Minster Sherif Ismail said that the economic group affiliated to the cabinet will be discussing the new investment law's executive regulations during their meeting .

“The New Investment Law’s executive is a key legislation that will guide our country toward the right path for growth and advancement. It will support our economy in attracting FDIs, improving the business environment, and avail new opportunities for both foreign and local investors.” Nasr told Egypt today in an interview 13 June.

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