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ARTICLE · 18 AUGUST 2020

Foreign Direct Investment In Egypt

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Egypt Is a party to numerous bilateral investment agreements and multilateral conventions in the world including Convention on the Settlement of Investment Disputes between States

EgyptGovernment, Public Sector
STA Law Firm
STA Law Firm
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Foreign Direct Investment in Egypt

Egypt Is a party to numerous bilateral investment agreements and multilateral conventions in the world including Convention on the Settlement of Investment Disputes between States and Nationals of Other States (1965), Multilateral Investment Guarantee Agency (1965) and Unified Agreement for the Investment of Arab Capital in the Arab States (1980). Egypt is a signatory to the United Nations Conference on Trade and Development (UNCTAD of 1964), and the government of Egypt has accordingly adopted various policies and enacted laws to improve the country's position with foreign investors. Investment in Egypt was earlier governed by the Investment Guarantees and Incentives (Law number 8 of 1997 as amended) which was repealed by Investment Law number 72 of 2017 (Investment Law 2017 or new Law as amended.) The Law was officially published on 31 May 2017 and came into effect on 1 June 2017, the provisions of which shall apply to local and

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