Egypt

Investment law amendments to help reduce bureaucracy

Investment Minister Ashraf Salman said the amendments adopted for the investment law activate the so-called one-stop licensing system in order to fight bureaucracy, which is one of the most important challenges the government faces.
 
Salman also said the amendments allow for the decisions made by the dispute settlement committees to be binding for all involved parties.
 
He added that the amendments offer incentives to attract investments to the most needy and remote areas.
 
 
Edited translation from Al-Masry Al-Youm
 

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