President Sisi issued a decree establishing a Supreme Investment Council, with the role of following up on the execution of investment plans, development of major economic projects and projects, in partnership with the private sector. The Council will be chaired by the president, and its decisions are binding on all ministries and public bodies. Board members include the Prime Minister, the Central Bank governor and Ministers of Defence, Interior, Finance, Investment, Trade, Justice and the Head of the General Intelligence Service. The board will meet every two months upon the chairman's invitation; decisions will be made by voting with a majority, and the President will take the decision in case the votes are equal. The government will submit an investment law to Parliament within the next month, according to the Minister of Investment Dalia Khorshid. (Reuters)