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English news

24-Oct-2016

Cabinet to complete new investment law in mid-November, Prime Minister says

Cabinet will complete reviewing a draft of a new investment law and send it to Parliament by mid-November at maximum, Prime Minister Sherif Ismail said. The new law, which was approved by the government in March 2015 and has been in the works for six months, is expected to focus on the diversification of incentives and guarantees for investors. “We have already started reviewing the draft and will send it to the parliament next month. We will be done with it by mid-November at maximum.” Ismail said. (Amwal Alghad)

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