Investment Law regulations to reach government in a month

CAIRO – 8 June 2017: The executive regulations of the new investment law will be submitted to the cabinet in a month, Minister of Investment Sahar Nasr said in a Thursday statement.

The committee to draft the regulations has already started working on it, Nasr said, adding that the Ministry has proposed three investment opportunities for developers in Qalyub area in Qalyubia governorate, El-Saf area in Giza and Mit Ghamr in Dakahlia governorate.
Offering unprecedented guarantees and incentives to investors, the House of Representatives has approved in early May the long-awaited new investment law, which is expected to facilitate business procedures and accelerates arbitration of business disputes.