LEGISLATION WATCH- The House Economics Committee has apparently signed off on amendments to the Companies Act that will change how sole proprietorships are established and governed, Ahram Gate reports. The changes govern how legal persons set up businesses in their own names and set out the framework for transforming them from a sole proprietorship into a joint stock company. The newspaper provides no other details and does not get into amendments expected to governance requirements under the act, which reportedly include anti-whistleblower measures.
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