In a strategic initiative to enhance Egypt’s economic position, Prime Minister Mostafa Madbouly chaired a meeting on Tuesday to examine proposed revisions to the Economic Zones Law. Madbouly stressed the importance of this project, pointing out the necessity to update the law to reflect current global standards and to leverage Egypt’s unique economic capabilities. He highlighted the need for comprehensive discussions and detailed analysis to ensure the revised law meets the demands of the changing economic environment. Marwan illuminated the role of the Supreme Committee for Legislative Reform, noting their charge to devise amendments that integrate smoothly with the existing law and enhance the competitiveness of Egypt’s economic zones. This included consideration of the observations, the valuable input from the Supreme Committee for Legislative Reform, and the agreement on unified amendments.

Source: Daily News Egypt May 07, 2024 21:04 UTC