There are what appear to be conflicting reports on the status of the Investment Law by Al Mal. The paper quotes General Authority for Free Zones and Investments CEO Mohamed Khodeir as saying the law would be presented to the House next week following its review by the Egyptian Council of State. It is also reporting that the House Economy Committee will begin discussing the law today and will continue to do so until the end of the week. Assuming both are true (and Al Mal’s editors are still on Christmas break from 2003), the House may be reviewing the publicly released draft of the act while waiting for sign-off from Maglis El Dowla.

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