July 4, 2017

Issuing the New Investment Law no. 72 of 2017

The new investment law no. 72 of 2017 is ratified and officially published on the 31st of
May 2017. The law comes into effect the next day and it cancels and replaces the
Investment Guarantees and Incentives Law no. 8 for 1997 (“Law 8/1997”). The aim of
the law is generally to attract new investments to Egypt through offering further
incentives and guarantees, removing obstacles and streamlining the procedure.

For more information please refer to our published article Egypt’s New Investment Law 2017.

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