Minister of Investment forms two new units

CAIRO – 4 July 2017: Egypt’s minister of investment issued Tuesday two decrees to form two units to investigate and solve investors’ problems, in addition to following up on and analyzing the global indices for enhancing business and investment environments.

Sahar Nasr noted that the two decisions aim to help Egypt advance in the international business practices, which contributes to attracting investors and promoting the Egyptian economy internationally.

The investor problem-solving unit will be affiliated to the Ministry and will be responsible for forming an integrated system to receive, follow up on and solve the problems of the local and foreign investors, in addition to setting a unified system for the follow-up procedures and mechanisms.

The unit will be issuing a monthly report on the development of businesses and will be presented to the minister. The minister’s counselor Ahmed Rezk Abdel Moneim will be supervising the unit.

The mission of the second unit will be investigating and analyzing the performance of the state, regarding all the reports issued by the international finance institutions, which affects the investment environment.

The second unit will be divided into three groups for coordinating with the international institutions and organizations, doing researches and handling media and external communication.