Egypt’s Investment Law (Law No. 72 of 2017) was issued as part of a series of economic reform laws that collectively seek to meet Egypt’s obligations under the $12 billion International Monetary Fund loan agreement. The House of Representatives approved the draft law in early May 2017; it went into effect after President Abdel-Fattah El Sisi ratified the law and it was published in the Official Gazette on May 31, 2017. The implementing regulations of the Investment Law were passed in October 2017. Authorities have moved to amend the law, as the cabinet approved amendments on March 6, 2019; these amendments are currently being debated in the House of Representatives..
