The Investment Ministry will submit draft executive regulations for the Investment Act within a month, Minister Sahar Nasr said, according to Reuters.
Central Bank officials will be meeting after Eid Al-Fitr with representatives from companies that are yet to settle pre-EGP float liabilities of more than USD 5 mn, the Secretary General of the Union of Egyptian Investors Association tells Al Borsa. The CBE had mediated an agreement in February for companies with liabilities below the USD 5 mn cutoff.