Egypt’s House of Representatives has approved a draft law amending Egypt Law No. 34/1976 (the Commercial Registry Law). If approved, Article 3 of Egypt Law No. 34/1976 will be amended. It will state anyone who is registered in the commercial registry must be an Egyptian national and be approved to practice a trade from the competent Chamber of Commerce for individuals and companies established to practice a commercial activity, or have obtained approval to practice industrial activity from the competent Chamber of Industry for companies established to practice industrial activities.