Latest in Tag: investment law Highlight
Latest in Tag: investment law

Investment Law amendments offer new incentives in Egypt’s New Capital
Total number of contracts completed in New Capital’s first phase reach 218, says ACUD spokesperson

Egypt’s PM approves new amendments to Investment Law’s executive regulations
The decree included the addition of two articles 126 bis and 126 bis A to the executive regulation of the law, which stipulated the commitment of public and private authorities to provide the General Authority for Investment and Free Zones (GAFI) with information and data required to calculate direct and indirect foreign investment assets.

Al-Sisi ratifies new Investment Law’s amendments
GAFI to conduct high-level surveys to accurately calculate FDIs

Egypt’s Investment Law amendments encourage local, foreign companies to expand: Minister
The Minister of Investment and International Cooperation, Sahar Nasr, said that amendments approved by the cabinet to adjust some provisions of the Investment Law number 72 of 2017 will encourage companies wishing to expand their investment projects through providing them with specific incentives after the law restricts these incentives to new projects. Nasr added that …

Will be largest Egyptian investment project after adoption of Investment Law, issuing its executive regulation, says Nasr
Egypt to set up integrated investment project in Dabaa worth EGP10bn

Egypt’s cabinet approves new Investment Law’s executive regulations
The government issued the executive regulations of the new Investment Law within 90 days since its ratification

Economic Ministerial Group approves by laws of the investment law
We expect more investment after the approval of the law: Investment Minister

Parliament’s Economic Affairs Committee to discuss Investment Law’s regulations
We hope that the law will contribute to attract more foreign capital, says Gohary

Committee to prepare Investment Law regulations continues discussing first draft: Nasr
Thursday’s meeting aims to resolve all controversial issue in the regulations

Nasr discusses suggestions on Investment Law with stakeholders
Private Free Zone’s investments amounted to $11.5bn, says Rashid

Completion of executive regulations of investment law within a month: Minister of investment and international cooperation
Sahar Nasr, the Minister of Investment and International Cooperation, has announced her plan to complete the executive regulations of the investment law and present it to the Cabinet a month from now. “We do not want to delay these regulations due to their importance in attracting foreign investment which we give priority to at this …

10 years tax exemption, transfer of profits abroad revive Egypt’s real estate sector
It is important that the executive regulation of the Investment Law includes items related to luxury housing, says ARDIC CEO

After approving Investment Law, what’s next to attract new investments?
Experts and investors believe that approving the new law is not enough to improve the investment atmosphere

New investment law obliges companies to allocate 10% of profits for community purposes: Sherif Samy
Ministry of Health launched a strategy for population communication, says Shawky

Investment law got approved in its best edition: Nasr
The parliament has approved the Investment Law on Sunday after long discussions about its articles

Approving Investment Law moves EGX towards 12,850 points
The market needs new incentives, says El Maraghi

FEI number of Investment Law articles to 56 to facilitate investment process
The Investment Law will be discussed in parliament next week

New Investment Law bylaws to be activated soon: Minister of Investment
Ministerial coordination to improve the ranking of Egypt in international “Doing Business” reports

State Council sends investment draft law back to cabinet with notes
The investment window does not have the authority to approve investors’ requests, complete any deals, or issue licences

After extensive struggles, new investment law emerges to regulate rhythm of Egypt’s economy
The law kills bureaucracy and protects the rights of serious investors and the state, says Khorshid

Ministry of Investment prepares executive regulations for draft investment law
The draft law includes incentives and guarantees aimed at attracting more investments

Cabinet approves new investment law, sends it to State Council for legal drafting
Cancellation of private free zones, executive regulations as soon as possible, says Khorshid

Khorshid to present final draft of new investment law to cabinet
The ministries of investment and finance agree on exemptions and incentives, prime minister to settle the matter

New Investment Law: investors have doubts, experts want more for attracting foreign investments
For a long time now, since the 25 January Revolution in 2011, the successive governments have come to office knowing that Egypt needs to implement reforms in order to attract new foreign investments to create job opportunities and increase its gross domestic product (GDP).

Economic legislation chaos in Egypt main reason behind decline in investments: Taher El-Khouly
Monetary policy in Egypt is vague and has hindered the movement of investors

Government about to pass new investment law based on investors’ demands
Ministry of Investment to resolve Law no. 17 by end of the month

Investment law amendment to allow all parties to allocate land: sources
The unified law means that the land would be allocated to investors directly without having to coordinate with GAFI, according to El-Dakak

Final draft of Suez Canal investment law grants broad powers to SCA: Investment ministry
The Ministry of Transitional Justice is revising the draft to be sent to Al-Sisi for approval, expected to take place soon, says Salman

Standard & Poor’s positive outlook on Egypt reflects well on investment: Economist
Agency raised Egypt’s economic outlook from stable to positive, affirming long- and short-term foreign and local currency sovereign credit ratings at ‘B-/B’

Tourism investors face obstacles in Egypt
Banks prefer to loan government over investors, says Egyptian Tourism Federation Chairman