6 key laws are to ease business in Egypt: Ministerial advisor

Six key laws designed to ease business in Egypt are to be introduced, said Finance Ministry adviser Ayman Al-Kaffas during the Invest in Egypt Conference.

According to a statement from MEED, the conference’s organisers, Al-Kaffas added that reforms are being applied to the current industrial and investment laws. These will set up the correct framework for the 40 projects which are expected to be revealed in the economic summit in March 2015, which aims to attract $10-12bn in investments. He added that these laws also ensure that the private sector continues to play a huge role in the continued sustainability of the environment.

Egypt will continue to support further growth and investment returns for citizens and potential partners looking to engage and participate in the Egyptian economy and its resurgence, added Al-Kaffas.