Egypt: The House of Representatives Approves New Investment Law to Smooth BusinessSource: www.export-egypt.com 5/8/2017, Location: Africa |
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The House of Representatives approved a new investment law that grants investors more incentives, including tax breaks.
The law was drafted by the government in March 2015 with the aim of ending red tape and attracting more foreign investments. It is expected to boost investments by cutting down bureaucracy, especially for starting new projects, and providing more incentives to investors looking to operate in Egypt. |
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