Two investment acts, one set of regulations; committee work done by next week? The House of Representatives’ Economic Committee expects to finalize its work on the Investment Act by mid-next week before sending the law over to a plenary session for a vote, committee member Medhat El Sherif tells Al Borsa. On Sunday, MPs received amendments from the government that effectively split legislation into two bills, supposedly simplify things for investors, based on the committee’s decision last week to create one bill that addresses investors and another that focuses on procedures and state entities. There appears to be some opposition to the split within the House, but if the proposal does pass, both laws will be governed by a single set of executive regulations, El Sherif said.

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