Minister of Investment Dalia Khorshid announced at a press conference that the Ministry is studying amendments to the Investment Law in consideration of parliament’s and investors’ recommendations, to be presented to the economic committee in due course. The Ministry of Investment is also coordinating with the Ministry of Finance on reviewing verdicts pertaining to Free Zones, to be included in the new investment law, the Minister added. A new law on bankruptcy and clearance is also underway, to co-exist, along with the prevailing Investment Incentives and Guarantees Law, in an effort to upgrade Egypt’s ranking in the World Bank Doing Business Report to the 90th in 2020 and 30th in 2030, from the current 131st. (Al Ahram)