New Investment Law
In a meeting with Minister of Investment Sahar Nasr, Cantini discussed areas in which Italian investors can contribute to help Egypt achieve its economic reform.
Business Today Egypt conducted an interview with President of Select Group International Shady Samir.
The sale is a part of the government's plan to bridge fiscal gap at $10-12 billion in FY2017/18.
Minister of Investment Sahar Nasr briefed American investors with legislative reforms on the business side.
The New Investment will support Suez Canal development zone (SCZone) and provide services for investors.
The executive regulations will be issued before the end of August, minister of investment said.
The One Stop Shop protocol was inaugurated to aid Egyptians living abroad to invest domestically through a single unified ‘service window.
The IDA shall also be the sole entity with the right to publish inspection and accrediting certificates, the Ministry says.
Sherif Ismail said on Monday that shares of the (ENPPI) will be offered on the Egyptian stock exchange within two months.
Minister of Investment and International Cooperation Sahar Nasr discussed with members of the World Bank’s delegation to Cairo.
Sahar Nasr inspected the Investors Service Center where she met with a number of investors and company representatives.
Prime Minister Sherif Ismail appointed Mona Zobaa’ as acting executive director of the General Authority for Investment and Free Zones (GAFI).
While Egypt’s business climate is seen improving, with the New Investment Law giving a sliver of hope.
Minister of Investment and International Cooperation Sahar Nasr expressed appreciation to Speaker of the House Ali Abdel Aal and other parliamentarians
Investors will now be able to receive tax exemptions at three different rates: 30 percent, 40 percent and 70 percent, of their investment cost,
Total capital invested inside Egypt’s private free-trade zones has exceeded $55 billion (996 billion EGP)
The New Investment Law will be issued in May and the government is targeting foreign direct investments to be $9.4 billion within 2016-2017, Prime Minister Sherif Ismail said at the National Youth Conference on Wednesday
