Tag Archives: New investment law

New investment law: Latest News

  • New Egyptian Legislation Aimed At Attracting Foreign Direct Investment

    Foreign direct investment By Peter Pedroncelli, 4:18 am

    In an effort to attract foreign direct investment back to the country, Egypt has passed a law that is designed to cut red tape and make conducting business in the country far easier. Along with reducing bureaucracy for new business ventures in the country, incentives have been created in order to attract businesses to return to the North African nation. Egypt’s economy has been struggling in the last six years since the 2011 uprising that saw Hosni Mubarak overthrown as Egyptian president.

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