Nasr bringing home first tranche of World Bank loan, promises fast action on policy front: Egypt will be receiving the first USD 125 mn tranche of an USD 500 mn Upper Egypt development loan from the World Bank “within days,” Investment and International Cooperation Minister Sahar Nasr said in a Tuesday press conference.

Nasr looks like she’s keeping a busy schedule, trying to wrap up discussions with all the parties involved in the Investment Act to expedite its passage through the House general assembly, Al Mal says. The minister announced that GAFI has started drafting the Investment Act’s executive regulations and should be done “within a few short weeks,” (hopefully) in time for the vote on the bill. Nasr has been in and out of meetings with government officials including Prime Minister Sherif Ismail, House Speaker Ali Abdel Aal, MPs from the House Economics Committee, Egyptian Financial Supervisory Chairman Sherif Samy, and officials from the Justice Ministry — trying to finalize talks on various investment-related legislations, including the new Leasing Act and the one-stop-policy, which she promised would be ready within 24 hours.