B. THE NEW INVESTMENT LAW In 2015, Egypt’s former Ministry of Investment and International
The law helped Egypt to succeed in adopting the single window
Cooperation drafted a new investment law before the launch of
system at the General Authority for Investment (GAFI), providing
the economic reforms. On the 1st June 2017, the long-awaited
mechanisms to support investors protection. Moreover, the
Investment Law, No. 72 of 2017, was approved. The new law
law helps in promoting competitiveness, governance and
reflects the efforts made by the Egyptian government and
transparency.
legislative authorities to avoid any misreading of local or foreign investors’ needs. It is designed to make processes easier for investors and businesses.
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