Franchise industry bill to be ready for the House in two months

A bill governing the franchise industry in Egypt currently being drafted by the Federation of Egyptian Industries’ Investment Committee will be ready in a few months, committee member Ayman El Nagouly tells Youm7. The FEI plans to then introduce the bill to the House of Representatives, he added. The law is meant to be part of a bundle of legislation complementary to the recently passed Investment Act to improve business and investment conditions, El Nagouly had said last month.