Parliament discusses two draft laws on investment and abolition of exemptions for state entities

Publication Number: ECES-VON-694

Our Views

Parliament, chaired by Counselor Dr. Hanafi Al-Jibali, resumed its plenary sessions on Sunday to discuss the law amending Investment Law No. 72 of 2017. All investment projects subject to the provisions of this law, whether established before or after the enforcement of its provisions, shall enjoy the general incentives mentioned therein, with the exception of projects established under the free zone system.
The plenary session was also set to discuss a draft law submitted by Government to abolish exemptions granted to state entities in investment and economic activities.

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