Egyptian law shielding state deals set to go to cabinet - minister


  • World
  • Sunday, 06 Apr 2014

CAIRO (Reuters) - A law banning third-party challenges to contracts signed by the Egyptian government will be sent to the cabinet by next week, trade and investment minister Mounir Fakhry Abdel Nour said on Sunday.

The law is intended to reassure and attract investors unnerved by a host of legal challenges made in particular to sales of property and companies by the Mubarak government, some of which have left those firms in legal limbo.

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