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Egypt’s Sisi to sign investment regulations in 7-10 days – minister

CAIRO, June 17 Egyptian President
Abdel Fattah al-Sisi will sign the executive regulations of a
newly issued investment law within seven to 10 days, Investment
Minister Sahar Nasr told financecapital on Saturday.

Sisi on June 1 ratified the long-delayed investment law aimed
at making business easier and creating incentives to lure back
investors after years of turmoil, but investors are waiting for
more details before rushing back in.

The new law is expected to boost badly needed investment by
cutting bureaucracy, especially for starting projects, and
providing more incentives to investors looking to put money
into Egypt. (Writing by Ahmed Aboulenein; Editing by Dale
Hudson)


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