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Investment Minister Plans Capital Reform Announcement
Minister of Investment Mohamed Fared looked forward to an upcoming package of reforms that will include reviewing procedures for increasing company capital, mergers, and acquisitions, with the goal of transforming them into easy-to-implement digital processes that reduce the timeline from weeks and months to just days, aligning with international standards. He also announced the launch of a unified national platform for economic services, which depends on connecting databases among the relevant government entities to facilitate the issuance of licenses for 268 economic activities through a single window. This aims to improve the investment environment and simplify the procedures for starting businesses in Egypt. This initiative requires significant investments in digital infrastructure and coordination among agencies, with a focus on transparency and quick service, including making prompt decisions—either approval or rejection—to ensure clarity of procedures for investors.
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