Egypt: Cabinet Approves Several Decisions On Investments, Projects

The cabinet under Prime Minister Sherif Ismail took a number of pro-investment decisions on Wednesday 13/7/2016.

During its weekly meeting, the cabinet also approved a number of recommendations pertaining to dispute settlements.

The measure aims at overcoming the obstacles faced by investors dealing with a number of government entities.

The cabinet also assigned the duties of reviewing feasibility studies of any proposed projects to the N.I. Capital, owned by National Investment Bank, to choose the projects with economic and social viability.

The last decision will serve in achieving the sustainable development strategy goals of Egypt’s vision 2030.

Source: Egypt State Information Service