What are the benefits that the new law gives for investments?

The law requires investment bodies to decide on applications for incorporation within one business day. - The law clearly stipulates the treatment of the foreign investor as the national investor, as well as granting him the right to reside in Egypt for the duration of his project. - The law allows the investor to employ about 10% of the workforce of other nationalities to contribute to the development of his project. - The law provides clear guarantees to protect investment projects from nationalization and expropriation, and arbitrary decisions, such as cancellation or suspension of licenses, or withdrawal of properties. - The law grants the investor the right to expand and finance his project from abroad without restrictions, and he has the right to profit and transfer and liquidation of his project. - The law provides for the establishment of a ministerial committee for the resolution of investment disputes, the terms of reference of the committee and the binding of its decisions. - Establishing a center for arbitration and mediation in investment disputes that arise between the investor and the state or any of its affiliates. - The new law regulates the reconciliation of some crimes committed in investment projects, the responsibility of the person responsible for them, and the restrictions of criminal proceedings, as well as the restrictions of action in financial crimes. - The law gave the investor the right to resort to electronic incorporation through the work of an account on the investment portal. - Grant the investor additional incentives in the event of implementation of the project, and the adoption of 50% of the local raw materials or export 20% of production abroad, and funding the project from abroad in hard currency. - Putting restrictions on the state in the issue of issuing general regulatory decisions. The law clearly stated that it is not permissible to issue decisions that add financial or procedural burdens or impose fees on the existing project.