Dr. Sahar Nasr, Minister of Investment and International Cooperation, issued a decision to form and organize the work of the Committee for the consideration of grievances from the administrative decisions of the General Authority for Investment and Free Zones, in accordance with the provisions of the law of joint stock companies and joint stock companies. To investors and remove any impediments to their work.
The resolution stipulates the formation of the committee headed by one of the vice-presidents of the State Council, the membership of two members of the State Council with the rank of adviser at least, an experienced member and a representative of the senior management of the General Authority for Investment and Free Zones. . The Committee shall be accompanied by a grievance office which shall be provided with a number of administrative staff of the Commission, who shall carry out all the tasks assigned to it by the Commission.
The resolution also stipulates that the committee shall meet every 15 days at the headquarters of the Authority or one of its branches to consider grievances submitted by concerned parties from the administrative decisions issued by the Ministry or the Authority in accordance with the provisions of the law. The Chairman of the Committee may also invite the Committee to meet, .
The Committee shall issue its decision by a majority of its members within sixty days from the date of its submission or on the date of completing the required clarifications, provided that its decision is substantiated and notify the Grievances Office in a manner approved by the decision of the Committee to decide the grievance and the reasons on which it was based. And the decision of the Committee shall be final and binding on the Commission.