LEGISLATION WATCH- Will local elections take place before the year is out? The Local Administration Act will see the light “soon” and municipal elections will be held before the end of the year, House Speaker Ali Abdel Aal said yesterday, Al Masry Al Youm reports. The law, which aims to decentralize local councils and organize district elections, has faced delays at nearly every step of the way. Government-appointed officials have been running local affairs since a court dissolved municipal councils in 2011. Municipal elections were last held in 2008. House majority leader Mohamed Elsewedy had previously said the act would take 3-5 years to implement once passed, while Parliamentary spokesperson Salah Hassaballah had said that the elections would likely be held in 1H2019.
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…