In a Letter of Gratitude from the Prime Minister to the Revolutionary and Political Leaderships
Investment Magazine / Special Report
His Excellency the Prime Minister and Chairman of the General Investment Authority, Ahmed Ghaleb Al-Rahwi, conveyed a letter of gratitude on behalf of the Government of Change and Development to the revolutionary and political leaderships. The letter expressed deep appreciation for their ongoing support and guidance, which led to the issuance of the new Investment Law 1446/2025. This law represents a qualitative shift in governmental philosophy, moving from a focus on increasing fees and revenues to resource development aimed at stimulating the national economy, boosting growth rates, unlocking dormant financial and natural wealth, and enhancing local contributions to achieve genuine development. This, in turn, is expected to improve the economic reality, services, and fundamental infrastructure.
A Call for Support and Cooperation to Implement the Law
In his letter, the Prime Minister called on all relevant authorities and local administrations to provide full support to the responsible bodies, foremost among them the General Investment Authority, to ensure the effective implementation of the new law. He emphasized the importance of strengthening collaboration between governmental entities and the private sector to achieve the desired objectives in a way that serves the interests of citizens and ensures comprehensive development.
The Prime Minister noted that the new law offers substantial incentives, privileges, and exemptions for local investors and capital owners, while also attracting foreign investments. It ensures protection for local products against unfair competition and market flooding. The law is built on a modern vision of fostering collaboration and partnership with the private sector, encouraging public-private partnerships for developing investment projects in infrastructure and essential services, particularly in energy production. This aims to provide high-quality services at affordable costs for citizens.
Prime Minister Al-Rahwi highlighted that the law places a strong focus on supporting and promoting small enterprises and community-based economic projects. It also encourages public contribution projects and public shareholding initiatives for individuals. He extended his gratitude to the Speaker of Parliament, deputies, and members of the House for their role in enriching, discussing, and approving the law. He praised the significant efforts of the Ministry of Economy, Industry, and Investment and the active partnership with the Ministry of Finance in achieving this milestone.
On behalf of his colleagues in the Government of Change and Development, the Prime Minister pledged to exert all efforts to achieve responsible governmental integration. This will aim to provide the necessary support, facilitations, and guarantees to create a stimulating investment environment that promotes sustainable development.
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