CAIRO: Around 78 disputes with investors were resolved by the Committee on Dispute Settlement (CDS) in two months, Minister of Investment Ashraf Salman said in a Monday conference.
Among Egypt’s efforts to attract investments into the country, CDS convenes fortnightly to settle disputes, Salman was quoted by Youm7 as saying.
Egypt ratified a unified investment law in March to facilitate investment procedures, and the Social Fund for Development is coordinating with all parties concerned to issue licenses for micro and small enterprises through one-stop shops.
The one-stop-shop system is expected to facilitate and speed up the procedures of obtaining licenses, which previously needed approvals from several government bodies in different locations, SFD head Soha Soliman told Youm7.