Egypt, Elsewedy review progress on Ain Sokhna phosphate complex    US employment cost index 3.6% up in year to June 2025    Egypt welcomes Canada, Malta's decision to recognise Palestinian state    Pakistan says successfully concluded 'landmark trade deal' with US    Sterling set for sharpest monthly drop since 2022    Egypt, Brazil sign deal to boost pharmaceutical cooperation    Modon Holding posts AED 2.1bn net profit in H1 2025    Egypt's Electricity Ministry says new power cable for Giza area operational    Egypt's Al-Sisi, Italian defence minister discuss Gaza, security cooperation    Egypt's FM discusses Gaza, Nile dam with US senators    Aid airdrops intensify as famine deepens in Gaza amid mounting international criticism    Egypt exports first high-tech potato seeds to Uzbekistan after opening market    Health minister showcases AI's impact on healthcare at Huawei Cloud Summit    On anti-trafficking day, Egypt's PM calls fight a 'moral and humanitarian duty'    Egypt strengthens healthcare partnerships to enhance maternity, multiple sclerosis, and stroke care    Egypt keeps Gaza aid flowing, total tops 533,000 tons: minister    Indian Embassy to launch cultural festival in Assiut, film fest in Cairo    Egyptian aid convoy heads toward Gaza as humanitarian crisis deepens    Culture minister launches national plan to revive film industry, modernise cinematic assets    I won't trade my identity to please market: Douzi    Sisi sends letter to Nigerian president affirming strategic ties    Two militants killed in foiled plot to revive 'Hasm' operations: Interior ministry    Egypt, Somalia discuss closer environmental cooperation    Egypt's EHA, Huawei discuss enhanced digital health    Foreign, housing ministers discuss Egypt's role in African development push    Egypt reveals heritage e-training portal    Three ancient rock-cut tombs discovered in Aswan    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Egypt has endless opportunities for development: Al Tamimi
Published in Daily News Egypt on 12 - 09 - 2015

Amending the Investment Law and issuing the Civil Service Law means Egypt has taken into account the pressing needs of today's business requirements, according to Essam Al Tamimi, Senior Partner of Al-Tamimi & Company.
Al Tamimi said that these can be conducted with less complexities and more speed. In statements to Daily News Egypt, Al Tamimi outlined his views of the current investment climate in the Egyptian market, alongside the steps the government should follow to create favourable economic conditions for investors.
Al Tamimi's legal firm, Al-Tamimi & Company, made an association with the Egyptian-based legal firm Khodeir, Nour & Taha. Commenting on this new collaboration, he said: "With the profound ties between Egypt and the UAE, it is a natural step that a firm such as Al-Tamimi becomes part of the ‘New Egypt'. This new association aims at taking legal services into new frontiers to support Egypt's developing needs, and offer the best creative solutions that meet the non-conventional approach Egypt is adopting to encounter its current challenges."
Al Tamimi underlined that the Economic Summit of Sharm El-Sheikh has created great momentum for Egypt.
"There is no doubt that Egypt has endless opportunities for reform and development," he said.
He further stated: "The efforts that the Egyptian government exerted to resolve investors' disputes at the Economic Summit in Sharm El-Sheikh have been inspirational in driving a level of commitment to new projects in Egypt."
Al Tamimi, being clear and pragmatic, added: "Disputes will not vanish and there will continue to be litigations and arbitrations; however this is a symbol of rule of law regardless of the outcome of these disputes that will further restore certainty about the Egyptian market."
Finally, Al Tamimi said: "UAE investors can have greater access to a huge market, with endless investment opportunities throughout Egypt, but the government has to promote the alternative speedy dispute mechanism process that was adopted under the amended Investment Law and create a strategic planning counsel to act as a strategy controller to support strategy synchronisation."


Clic here to read the story from its source.