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Thursday, 10 November 2016

Investment law’s final draft to be sent to cabinet by the end of November

The final draft of the new Investment Law will be sent to cabinet for review by the end of the month, Investment Minister Dalia Khorshid said, Al Shorouk notes. Meetings with the business community are being set up so the state can get their views on the draft, Khorshid added. Speaking on the 17 investment incentives issued by the Supreme Investment Council, Khorshid stated that new legislation will need to be drafted to implement the decisions, according to the newspaper. A tight timetable has been set for implementing the decisions in cooperation with different ministries and government agencies, she added.

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