Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Egypt’s Parliament to Get Draft Natural Resources Law: Al Ahram

Feb. 27 (Bloomberg) -- A draft natural resources law will soon go to parliament for consideration, Egyptian Oil Minister Abdalla Ghorab was quoted as saying by state run Al-Ahram today.

Ghorab said the draft law, which would replace legislation passed in 1956, seeks to encourage investment in the country’s natural resources and maximize the industrial value of the raw materials produced by Egypt instead of exporting them, the Cairo-based newspaper reported.

Al-Ahram did not say when the bill would be submitted to lawmakers.

To contact the reporter on this story: Tarek El-Tablawy in Cairo at teltablawy@bloomberg.net

To contact the editor responsible for this story: Shaji Mathew at shajimathew@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.