April 26, 2017 / 9:31 AM / 4 months ago

New Egyptian investment law to be issued in May - PM

CAIRO, April 26 (Reuters) - A new investment law is expected to be issued in Egypt in May, Prime Minister Sherif Ismail said on Wednesday.

The government approved a draft for the law in March 2015 with a view to bolstering investor confidence, easing bureaucracy and attracting foreign investments.

The prime minister was speaking at a youth conference.

Reporting by Ehab Farouk, writing by Asma Alsharif; editing by John Stonestreet

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