{"id":650547,"date":"2017-03-27T04:11:16","date_gmt":"2017-03-27T04:11:16","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/27\/business-associations-nod-to-investment-act-split\/"},"modified":"2017-03-27T04:11:16","modified_gmt":"2017-03-27T04:11:16","slug":"business-associations-nod-to-investment-act-split","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/27\/business-associations-nod-to-investment-act-split\/","title":{"rendered":"Business associations nod to Investment Act split"},"content":{"rendered":"

Business community agrees to Investment Act split: <\/strong>Business associations appear to be nodding in agreement to the House Economic Committee\u2019s decision to split the Investment Act into two separate bills in order to simplify the law for investors, Al Borsa says<\/a>. Investors are mostly interested in the conventions and conditions for incentives and tax breaks rather than the law\u2019s regulatory framework \u201cand the split achieves that,\u201d the head of the Federation of Egyptian Chambers of Commerce Ahmed El Wakeel tells the newspaper, adding that the single bill would have been too difficult to explain to foreign investors. The logic is completely lost on us<\/strong>, but we\u2019re clearly neither smart enough to be foreign investors nor heads of business associations.<\/p>\n

Speaking of the Investment Act: Its chief proponent, Investment Minister Sahar Nasr, has been named one of the Arab world\u2019s 23 most powerful women by Arabian Business<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Business community agrees to Investment Act split: Business associations appear to be nodding in agreement to the House Economic Committee\u2019s decision to split the Investment Act into two separate bills in order to simplify the law for investors, Al Borsa says. Investors are mostly interested in the conventions and conditions for incentives and tax breaks […]<\/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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-650547","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"6b4a5a8c-ea79-4115-ae04-70a01657560e","order":"0","is_powered_by":true,"section_story_id":"e8c5f368-591f-466b-885a-021220601f1e","story_type":"1","photo_url":"","photo_position":"above","related_issue":[650529],"teaser":"","voice_url":""},"yoast_head":"\nBusiness associations nod to Investment Act split - 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\/03\/27\/business-associations-nod-to-investment-act-split\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Business associations nod to Investment Act split\" \/>\n<meta property=\"og:description\" content=\"Business community agrees to Investment Act split: Business associations appear to be nodding in agreement to the House Economic Committee\u2019s decision to split the Investment Act into two separate bills in order to simplify the law for investors, Al Borsa says. Investors are mostly interested in the conventions and conditions for incentives and tax breaks […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/27\/business-associations-nod-to-investment-act-split\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-03-27T04:11:16+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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/27\/business-associations-nod-to-investment-act-split\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/27\/business-associations-nod-to-investment-act-split\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Business associations nod to Investment Act split\",\"datePublished\":\"2017-03-27T04:11:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/27\/business-associations-nod-to-investment-act-split\/\"},\"wordCount\":156,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/27\/business-associations-nod-to-investment-act-split\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/27\/business-associations-nod-to-investment-act-split\/\",\"name\":\"Business associations nod to Investment Act split - 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The House of Representatives\u2019 Economic Committee is leaning toward splitting the proposed Investment Act into two bills: One that would focus on private-sector investors, and another that would government state investment agencies, Youm 7 reports committee chair Amr Ghallab as saying.\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":648505,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/05\/house-backtracks-on-investment-act-split\/","url_meta":{"origin":650547,"position":2},"title":"House backtracks on Investment Act split","author":"enterpriseam admin","date":"5 April 2017","format":false,"excerpt":"Is the House Economic Committee backtracking on its (nonsensical in the first instance) decision to split the proposed Investment Act in two? The House of Representatives\u2019 Economic Committee decided against splitting the Investment Act into two separate bills, MP Mohamed Saad Badrawy tells Al Borsa. The committee concluded its review\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":645073,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/11\/seriously-union-of-egyptian-investors-associations-slow-your-roll\/","url_meta":{"origin":650547,"position":3},"title":"Seriously, Union of Egyptian Investors Associations. Slow your roll","author":"enterpriseam admin","date":"11 July 2017","format":false,"excerpt":"Seriously, Union of Egyptian Investors Associations. Slow your roll: The communists who bleed green at the Union of Egyptian Investors Associations are not happy with the foreign labor requirements in the executive regulations of new Investment Act, Youm7 reports. The organization\u2019s head Mohamed Farid Khamis said that raising the limit\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":649048,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/20\/the-never-ending-saga-of-the-investment-act-continues\/","url_meta":{"origin":650547,"position":4},"title":"The never ending saga of the Investment Act continues","author":"enterpriseam admin","date":"20 April 2017","format":false,"excerpt":"The never-ending saga of the Investment Act continues: The old adage that a camel is a horse designed by committee comes to mind this morning as we look for clarity on what the House of Representatives is doing with the Ismail government\u2019s draft Investment Act. 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