The Planning Ministry has finished drafting a Unified Planning Act, Deputy Minister Nihal El Megharbel said on Sunday, according to Al Masry Al Youm. The bill, which should be going to the House of Representatives before the end of the year, sets a framework for the state to regulate the planning and execution of national projects based on their merit and overall goals and purpose, as well as costs and sources of funding. Why we need a law to do what feasibility studies were created for is beyond us.
More from Enterprise
Banque du Caire’s blockbuster IPO holds firm against EGX selloff
The IFC and the EBRD are in for USD 100…
Electricity Ministry studies changing how your electricity bill gets calculated
The plan is still under study, and neither of the…
EGX30 sheds 4.43% in October to post its first back-to-back monthly loss of 2026
The benchmark fell 4.43% and the small caps twice as…
DPI closes Egypt-born fintech fund Nclude at USD 112 mn
The final close adds roughly USD 7 mn to a…