{"id":642371,"date":"2017-08-13T03:59:48","date_gmt":"2017-08-13T03:59:48","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/clamping-down-on-the-bureaucracy-should-be-top-priority-in-enforcing-the-investment-act\/"},"modified":"2017-08-13T03:59:48","modified_gmt":"2017-08-13T03:59:48","slug":"clamping-down-on-the-bureaucracy-should-be-top-priority-in-enforcing-the-investment-act","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/clamping-down-on-the-bureaucracy-should-be-top-priority-in-enforcing-the-investment-act\/","title":{"rendered":"Clamping down on the bureaucracy should be top priority in enforcing the Investment Act"},"content":{"rendered":"

The most important element of the new Investment Act is also one of the least-discussed<\/strong>, and that\u2019s a series of provisions that outline how bureaucrats must cut red tape that stands in the way of investment, Medhat Nafei writes for Al Borsa<\/a>. Nafei calls for strict enforcement of rules that provide a system of checks and balance for regulators.<\/p>\n","protected":false},"excerpt":{"rendered":"

The most important element of the new Investment Act is also one of the least-discussed, and that\u2019s a series of provisions that outline how bureaucrats must cut red tape that stands in the way of investment, Medhat Nafei writes for Al Borsa. Nafei calls for strict enforcement of rules that provide a system of checks […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9411],"tags":[72,9410],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-642371","post","type-post","status-publish","format-standard","hentry","category-on-deadline","tag-enterpriseam","tag-on-deadline","wpautop","entry"],"acf":{"mongo_id":"5541ae41-4189-4907-bdf9-fe118a1287df","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[642347],"teaser":"","voice_url":""},"yoast_head":"\nClamping down on the bureaucracy should be top priority in enforcing the Investment Act - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/clamping-down-on-the-bureaucracy-should-be-top-priority-in-enforcing-the-investment-act\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Clamping down on the bureaucracy should be top priority in enforcing the Investment Act\" \/>\n<meta property=\"og:description\" content=\"The most important element of the new Investment Act is also one of the least-discussed, and that\u2019s a series of provisions that outline how bureaucrats must cut red tape that stands in the way of investment, Medhat Nafei writes for Al Borsa. Nafei calls for strict enforcement of rules that provide a system of checks […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/clamping-down-on-the-bureaucracy-should-be-top-priority-in-enforcing-the-investment-act\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-08-13T03:59:48+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/clamping-down-on-the-bureaucracy-should-be-top-priority-in-enforcing-the-investment-act\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/clamping-down-on-the-bureaucracy-should-be-top-priority-in-enforcing-the-investment-act\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Clamping down on the bureaucracy should be top priority in enforcing the Investment Act\",\"datePublished\":\"2017-08-13T03:59:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/clamping-down-on-the-bureaucracy-should-be-top-priority-in-enforcing-the-investment-act\/\"},\"wordCount\":74,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"On Deadline\"],\"articleSection\":[\"On Deadline\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/clamping-down-on-the-bureaucracy-should-be-top-priority-in-enforcing-the-investment-act\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/clamping-down-on-the-bureaucracy-should-be-top-priority-in-enforcing-the-investment-act\/\",\"name\":\"Clamping down on the bureaucracy should be top priority in enforcing the Investment Act - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-08-13T03:59:48+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/clamping-down-on-the-bureaucracy-should-be-top-priority-in-enforcing-the-investment-act\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/clamping-down-on-the-bureaucracy-should-be-top-priority-in-enforcing-the-investment-act\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/clamping-down-on-the-bureaucracy-should-be-top-priority-in-enforcing-the-investment-act\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Clamping down on the bureaucracy should be top priority in enforcing the Investment Act\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Clamping down on the bureaucracy should be top priority in enforcing the Investment Act - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/clamping-down-on-the-bureaucracy-should-be-top-priority-in-enforcing-the-investment-act\/","og_locale":"en_US","og_type":"article","og_title":"Clamping down on the bureaucracy should be top priority in enforcing the Investment Act","og_description":"The most important element of the new Investment Act is also one of the least-discussed, and that\u2019s a series of provisions that outline how bureaucrats must cut red tape that stands in the way of investment, Medhat Nafei writes for Al Borsa. Nafei calls for strict enforcement of rules that provide a system of checks […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/clamping-down-on-the-bureaucracy-should-be-top-priority-in-enforcing-the-investment-act\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2017-08-13T03:59:48+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/clamping-down-on-the-bureaucracy-should-be-top-priority-in-enforcing-the-investment-act\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/clamping-down-on-the-bureaucracy-should-be-top-priority-in-enforcing-the-investment-act\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Clamping down on the bureaucracy should be top priority in enforcing the Investment Act","datePublished":"2017-08-13T03:59:48+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/clamping-down-on-the-bureaucracy-should-be-top-priority-in-enforcing-the-investment-act\/"},"wordCount":74,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["EnterpriseAM","On Deadline"],"articleSection":["On Deadline"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/clamping-down-on-the-bureaucracy-should-be-top-priority-in-enforcing-the-investment-act\/","url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/clamping-down-on-the-bureaucracy-should-be-top-priority-in-enforcing-the-investment-act\/","name":"Clamping down on the bureaucracy should be top priority in enforcing the Investment Act - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2017-08-13T03:59:48+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/clamping-down-on-the-bureaucracy-should-be-top-priority-in-enforcing-the-investment-act\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/clamping-down-on-the-bureaucracy-should-be-top-priority-in-enforcing-the-investment-act\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/clamping-down-on-the-bureaucracy-should-be-top-priority-in-enforcing-the-investment-act\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Clamping down on the bureaucracy should be top priority in enforcing the Investment Act"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":548448,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/09\/arab-alloys-to-build-egp-1-bn-industrial-complex-in-sczone\/","url_meta":{"origin":642371,"position":0},"title":"Arab Alloys to build EGP 1 bn industrial complex in SCZone","author":"enterpriseam admin","date":"9 August 2022","format":false,"excerpt":"The newly-established Arab Alloys Company is investing EGP 1 bn to build a ferroalloys industrial complex in the Suez Canal Economic Zone, Hapi Journal reports. The facility will produce several types of metal alloys and will be the largest of its kind in the SCZone, Chairman Medhat Nafei reportedly told\u2026","rel":"","context":"In "Investment Watch"","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":548214,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/31\/arab-alloys-company-appoints-chairman\/","url_meta":{"origin":642371,"position":1},"title":"Arab Alloys Company appoints chairman","author":"enterpriseam admin","date":"31 July 2022","format":false,"excerpt":"Medhat Nafei (LinkedIn) was appointed as the chairman of the newly-established Arab Alloys Company at the Suez Canal Economic Zone (SCZone), he confirmed to Enterprise. Nafei, who is currently an advisor to Supply Minister Ali El Moselhy, was the head of the Metallurgical Industries Holding Company (MIHC) from March 2018\u2026","rel":"","context":"In "Moves"","block_context":{"text":"Moves","link":"https:\/\/enterpriseam.com\/egypt\/category\/newsmakers\/moves\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":629871,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/03\/govt-should-conduct-a-cost-benefit-analysis-on-the-effect-of-raising-electricity-prices\/","url_meta":{"origin":642371,"position":2},"title":"Gov\u2019t should conduct a cost-benefit analysis on the effect of raising electricity prices","author":"enterpriseam admin","date":"3 April 2018","format":false,"excerpt":"The government needs to conduct a thorough cost-benefit analysis on how raising electricity prices will affect the country\u2019s economy as a whole, Medhat Nafei writes for Al Shorouk. The gradual phaseout of subsidies might actually do more harm than good in the grander scheme of things, since higher power costs\u2026","rel":"","context":"In "On Deadline"","block_context":{"text":"On Deadline","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-deadline\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":624286,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/04\/a-case-of-self-sabotage-at-the-state-privatization-program\/","url_meta":{"origin":642371,"position":3},"title":"A case of self sabotage at the state privatization program?","author":"enterpriseam admin","date":"4 September 2018","format":false,"excerpt":"A case of self-sabotage at the state privatization program? Conventional wisdom would have it that it a share sale would not be well served by antagonizing potential investors. That appears not to have come across to the Public Enterprises Ministry, as the head of the Holding Company For Metallurgical Industries,\u2026","rel":"","context":"In "On Deadline"","block_context":{"text":"On Deadline","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-deadline\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":594658,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/03\/egypt-close-to-reaching-agreement-with-chinas-yutong-to-assemble-100-buses\/","url_meta":{"origin":642371,"position":4},"title":"Egypt close to reaching agreement with China\u2019s Yutong to assemble 100 buses","author":"enterpriseam admin","date":"3 September 2019","format":false,"excerpt":"The Engineering Automotive Manufacturing, a subsidiary of the Holding Company for Maritime & Land Transport, is close to reaching an agreement with China\u2019s Yutong to assemble 100 buses, Chairman of the Metallurgical Industries Company Medhat Nafei told Al Mal.","rel":"","context":"In "Manufacturing"","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":599858,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/13\/banking-consortium-to-lend-al-nasr-coke-usd-100-mn-for-coke-oven-battery\/","url_meta":{"origin":642371,"position":5},"title":"Banking consortium to lend Al Nasr Coke USD 100 mn for coke-oven battery","author":"enterpriseam admin","date":"13 January 2019","format":false,"excerpt":"A local banking consortium led by the Bank of Alexandria is arranging a USD 100 mn loan for Al Nasr for Coke and Chemicals, company head Medhat Nafei told Al Mal. Al Nasr, a subsidiary of the Chemical Industries Holding Company, will use the loan to finance the establishment of\u2026","rel":"","context":"In "Banking + Finance"","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/642371","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=642371"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/642371\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/642347"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=642371"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=642371"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=642371"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=642371"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=642371"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}