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Monday, 27 February 2017

House expects to vote on Investment Act in late March

House to vote on Investment Act by end of March: The House of Representatives’ Economic Committee expects to bring the Investment Act to a vote before the House as a whole by the end of March, committee chair Amr Ghallab tells Al Borsa. Investment and International Cooperation Minister Sahar Nasr reportedly promised to attend all of the committee’s sessions on the bill to ensure a smooth and speedy round of discussions, Ghallab adds. Nasr, who appeared before the committee on Sunday alongside GAFI chief Mohamed Khodeir, reassured representatives that the executive regulations to govern the law were “a few short weeks” away from being complete and would be ready in time for the vote, the ministry said in an emailed statement.

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