Investment, justice ministers meet on business law amendments

Investment and International Cooperation Sahar Nasr met on Monday with Justice Minister Hosam Abdel Rahim on proposed amendments to a law on companies.

Nasr said during the meeting that her ministry spares no effort to develop the legislative and executive structure of the business climate in Egypt.

An integrated program has been established to flourish economy-related laws to achieve a quantum leap to cope with international developments, she said.

She said a team of the investment ministry has been discussing the proposed amendments in cooperation with the legislation department of the justice ministry.

The minister said she has taken a decision earlier this year to change the executive regulations of the law with a view to improving Egypt's ranking in international reports that are related to the business climate.

Source: MENA