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The Minister of Justice and the Minister of Investment signed a cooperation protocol aimed at simplifying the procedures for registering companies and providing electronic notarization services. This effort seeks to accelerate the establishment and operation of companies while reducing the time required, through direct electronic linkage between notarization applications and the Investment Authority. The protocol includes real-time inquiries about the validity of powers of attorney, integration of company formation services, and electronic approval of general assembly decisions, all designed to enhance investment confidence and attract more both domestic and foreign investments. Additionally, a new Investors Services Office was opened in Qalyubia, bringing the total number of offices to 18 across 16 governorates.
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