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CORRECTED (OFFICIAL)-Egypt minister says submitted draft of investment law regulations to cabinet
June 21, 2017 / 9:37 AM / 5 months ago

CORRECTED (OFFICIAL)-Egypt minister says submitted draft of investment law regulations to cabinet

(Changes investment figure in second paragraph of June 21 story to '$6.5 billion for the three quarters ending March’ from '$6.8 billion in the four months ending in May’ after ministry issues corrected figures)

CAIRO, June 21 (Reuters) - Egypt’s investment ministry has submitted the draft of investment law executive regulations to the cabinet, Investment Minister Sahar Nasr told Reuters on Wednesday.

Nasr also said Egypt has received $6.5 billion in foreign direct investment in the first three quarters ending in March, and expects more than $10 billion in the next fiscal year starting in July. (Reporting by Eric Knecht; Writing by Arwa Gaballa; Editing by Patrick Markey)

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