New investment law a nod to business, Egypt’s Finance Minister says

New investment law a nod to business, Egypt’s Finance Minister says

February 7, 2014

In an interview, Egypt’s Minister of Finance Hany Kadry Dimian said the government’s proposed ban on third parties appealing public-sector contracts will provide greater legal assurance to investors. He also revealed while Cairo is seeking to reassure foreign investors, Egypt has no plans, for now, to resume negotiations over an IMF deal.