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Thursday, 3 August 2017

On the horizon

The Ismail government’s investment map should go to the House Economics Committee next week, according to committee chair Amr Ghallab. An alleged draft of the map, which includes c. 600 projects in a wide range of sectors and locations, was leaked last month. The committee, which is currently reviewing the Investment Act’s executive regulations, wants to see the investment map updated annually, rather than on a triennial basis, Ahram Gate reports.

The House of Representatives’ Manpower Committee will resume discussion of the proposed overhaul of the Labour Act in September, according to Al Borsa. MPs have already discussed the vast majority of the bill’s clauses, but postponed a final vote to their upcoming session. The debate will bring business leaders in to opine on different aspects of the law. Articles expected to be discussed will include child labour, equality, and the minimum wage.

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