Egyptian President Abdel Fattah al-Sisi on Saturday ordered to grant the “Golden License” to all investors applying for it. After these statements, citizens wondered about the meaning of the Golden License and how long it takes to benefit from it, which Al-Masry Al-Youm will go over:What is the golden license? The Golden License is a single license for all procedures granted to each new project established with the aim of accelerating investment and production activity. Duration of use of the Golden LicensePresident Sisi indicated that the efficiency of using the Golden License will be evaluated during three months, and if the system succeeds and achieves the required success, it will continue to work with it. Golden License benefits:Solving investor problems, facilitating the granting of licenses, and dealing immediately with all challenges facing the establishment of new investment companies and projects.

Source: Egypt Independent October 30, 2022 21:35 UTC