LEGISLATION WATCH- We’re one step closer to having someone in charge of regulating roadside ads and billboards (including their content): The House Housing Committee has signed off on proposed amendments to a law regulating billboards on roads and bridges, according to Al Mal, which has the full text of the bill. The changes, which were approved by cabinet in 2018, would set up a National Advertising Regulatory Authority to set regulations for the issuance of licenses for new billboards — and to regulate content in the ads and hand out fines to violators. The bill will now be referred to the House of Representatives’ general assembly for a final discussion and vote before being signed into law by the president.
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…
Egypt’s funds crossed EGP 500 bn in 3Q on retail money and a stalling core
Money market funds stalled while retail piled into equity, index,…
DPI closes Egypt-born fintech fund Nclude at USD 112 mn
The final close adds roughly USD 7 mn to a…