House committee wraps Investment Act review, setting up a vote on Monday, 10 April? There may be some tinkering left to do, but we’re nearly at a final draft of the Investment Act. The House Economic Committee has finished its review of the Investment act and will be sending the Investment Act to a plenary session of parliament for a vote within a week, General Authority for Free Zones and Investment Mohamed Khodeir told Al Borsa on Wednesday. The bill could be put to a vote in Monday, 10 April’s general assembly meeting, according to Economic Committee chair Amr Ghallab, but he added that MPs will be holding final review sessions during the week to arrive at a final draft, says AMAY. Neither story had details of the apparent splitting of the act in two to make it “easier” for poor, dumb investors to understand, which the Economic Committee signed off on last week.

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