New cabinet approves streamlining property registration, AfDB loan for slum development

The new Ismail cabinet approved a presidential decree to streamline the property registration process and impose a standard schedule of registration fees, according to a statement. Other decisions at the new cabinet’s first policy-making meeting included:

• Approving an EGP 10 mn grant from the AfDB for slum development;
• Approving amendments to allow the president to delegate decisions related to the expropriation of properties for public utilities;
• Approving amendments to the traffic law on transferring ownership of vehicles.