28/08/1995
Al-Ahram Al-Ektsady Magazine 1995/AUGUST /28
The proposed amendments of articles concerning joint-stock companies, contained in the unified draft law of companies, have been swiftly tackled here. ( Available in Arabic )
It deems important to discuss the Unified Draft Law for Companies, in order to come up with a new law that is more liberal and of greater benefit to the people of this country, facilitating their strife for development and sustaining the present economic boom. While we praise some articles that encourage working in remote areas and the facilities offered here, still, we call for a closer look at exportation rules and regulations, purifying them of articles that obstruct exportation. We also call for establishing an export development bank, which could follow up this activity and motivate it in every possible legitimate way to achieve this objective, on which the state holds high hopes in reforming its economic path and creating a surplus for accomplishing development goals in future plans.