Nasr decides forming committee for reviewing investors' petitions

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Tue, 06 Feb 2018 - 12:57 GMT

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Tue, 06 Feb 2018 - 12:57 GMT

Ministry of Investment and International Cooperation of Egypt - File photo

Ministry of Investment and International Cooperation of Egypt - File photo

CAIRO - 6 February 2018: Investment Minister Sahar Nasr decided forming a committee of the General Authority for Investment and Free Zones (GAFI) to review petitions filed by investors.

The decision was published in the official gazette on Tuesday.

The committee will be chaired by a counselor of a judicial authority and include a GAFI representative as a member alongside an expert.

The committee will issue its decision within 30 days after ending investigations into the petition.

The petitioner and the administrative body involved will be notified of the committee's decision either by a letter of acknowledgement, e-mail or fax.

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