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FILE PHOTO: Egyptian Prime Minister Mostafa Madbouly attends a press conference during his visit to the the Rafah border crossing for possibility of aid humanitarians to enter Gaza, amid the ongoing conflict between Israel and the Palestinian Islamist group Hamas, in the city of Al-Arish, Sinai peninsula, Egypt, October 31, 2023. REUTERS/Mohamed Abd El Ghany/File Photo
Egypt - Prime Minister Mostafa Madbouly has discussed a draft law on the establishment and regulation of financial and business districts in Egypt, as per a cabinet statement.
Madbouly elaborated by saying that enacting a law governing the financial and business centers would contribute to attracting further local and foreign investments.
This would be achieved by offering more facilities and protect the property rights of all parties, he added.
The law aims at achieving the state’s goals by attracting investments, in line with Egypt’s vision on the significance of having a globally ranked financial and business zone or more on top of those operating in the Middle East and Africa (MEA) region, Madbouly noted.
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