{"id":561370,"date":"2021-04-05T04:00:50","date_gmt":"2021-04-05T04:00:50","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/05\/egycomex-law-to-finally-head-to-parliament-tougher-penalties-for-bullies\/"},"modified":"2021-04-05T04:00:50","modified_gmt":"2021-04-05T04:00:50","slug":"egycomex-law-to-finally-head-to-parliament-tougher-penalties-for-bullies","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/05\/egycomex-law-to-finally-head-to-parliament-tougher-penalties-for-bullies\/","title":{"rendered":"Egycomex law to finally head to parliament + tougher penalties for bullies"},"content":{"rendered":"

The law governing the forthcoming Egyptian commodities exchange will soon be <\/strong>with the House of Representatives<\/strong> for review and approval, Supply Minister Ali El Moselhy said at a conference yesterday, state news agency MENA<\/a> reports. The minister did not provide any details on the contents of the legislation itself.<\/p>\n

So when will the exchange launch?<\/strong> Egycomex is expected to launch on a pilot basis this month<\/a>, giving the House a relatively small window in which to review the bill if the government is to stick to this timeline. The law had been expected to be submitted to parliament last year<\/a> after receiving cabinet approval<\/a>.<\/p>\n

OTHER LEGISLATION NEWS -<\/strong><\/p>\n

The Senate gave its final approval to amendments to the Disabilities Act, which <\/strong>would toughen penalties for those convicted of bullying persons with disabilities<\/strong>, Youm7<\/a> reports. The amendments increase the minimum sentence to two years from one, and to three years if the perpetrator is the guardian of the bullied person. The law also stipulates a fine between EGP 50-100k for those convicted of bullying, and of EGP 100-200k if the perpetrator is the bullied person\u2019s guardian. The law was originally enacted in 2018 and its regulations<\/a> mandated the establishment of special government services, including in healthcare, education, employment, and rehabilitation.<\/p>\n","protected":false},"excerpt":{"rendered":"

The law governing the forthcoming Egyptian commodities exchange will soon be with the House of Representatives for review and approval, Supply Minister Ali El Moselhy said at a conference yesterday, state news agency MENA reports. The minister did not provide any details on the contents of the legislation itself. So when will the exchange launch? […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7344],"tags":[3500,2319,72,274,187],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-561370","post","type-post","status-publish","format-standard","hentry","category-legislation-watch","tag-disabilities-act","tag-egyptian-commodities-exchange","tag-enterpriseam","tag-house-of-representatives","tag-legislation-watch","wpautop","entry"],"acf":{"mongo_id":"b4277b7f-b653-4485-9c66-0e07b8d3a8cc","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[561356],"teaser":"","voice_url":""},"yoast_head":"\nEgycomex law to finally head to parliament + tougher penalties for bullies - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/05\/egycomex-law-to-finally-head-to-parliament-tougher-penalties-for-bullies\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egycomex law to finally head to parliament + tougher penalties for bullies\" \/>\n<meta property=\"og:description\" content=\"The law governing the forthcoming Egyptian commodities exchange will soon be with the House of Representatives for review and approval, Supply Minister Ali El Moselhy said at a conference yesterday, state news agency MENA reports. 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El Moselhy did not provide any details on the legislation.\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":548930,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/28\/egycomex-could-open-later-this-year\/","url_meta":{"origin":561370,"position":1},"title":"Egycomex could open later this year","author":"enterpriseam admin","date":"28 August 2022","format":false,"excerpt":"Egypt\u2019s commodities exchange (Egycomex) could go live before the end of the year, with trading of gold set to start as a first phase, Ibrahim Ashmawy, head of the Internal Trade Development Authority, told Bloomberg Asharq (watch, runtime: 15:25). Ashmawy told us back in 2020 that traders would be able\u2026","rel":"","context":"In "Commodities"","block_context":{"text":"Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":558899,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/31\/egycomex-to-go-live-in-1q2022\/","url_meta":{"origin":561370,"position":2},"title":"Egycomex to go live in 1Q2022","author":"enterpriseam admin","date":"31 August 2021","format":false,"excerpt":"Egypt\u2019s long-awaited commodities exchange (Egycomex) is set to start full operations in 1Q2022, Ibrahim Ashmawy, head of the Internal Trade Development Authority and chairman of the new exchange, told Akhbar Al Youm. The commodities exchange began trading on a pilot basis this past spring to coincide with the start of\u2026","rel":"","context":"In "MARKETS"","block_context":{"text":"MARKETS","link":"https:\/\/enterpriseam.com\/egypt\/category\/markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/8\/317.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":575831,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/28\/egycomex-to-begin-trading-in-wheat-in-1h2021\/","url_meta":{"origin":561370,"position":3},"title":"Egycomex to begin trading in wheat in 1H2021","author":"enterpriseam admin","date":"28 October 2020","format":false,"excerpt":"Egypt\u2019s Commodities Exchange (Egycomex) will begin trading in the first half of 2021 and will launch with only wheat as a tradeable commodity, newly-appointed chairman Ibrahim Ashmawy told the local press. Ashmawy previously told us that traders would be able to buy and sell wheat, oil, sugar, and rice when\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/10\/294.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":559856,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/07\/egycomex-to-pilot-with-the-start-of-the-wheat-season\/","url_meta":{"origin":561370,"position":4},"title":"Egycomex to pilot with the start of the wheat season","author":"enterpriseam admin","date":"7 February 2021","format":false,"excerpt":"Egypt\u2019s long-awaited commodities exchange (Egycomex) will kick off trading on a pilot basis in late April or early May when the next wheat season begins, and Egypt is aiming to supply 4 mn tonnes of wheat in the coming season, Supply Minister Ali El Moselhy said, according to Mubasher. Internal\u2026","rel":"","context":"In "Commodities"","block_context":{"text":"Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/2\/114.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":622119,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/27\/parliament-preliminarily-approves-legislation-regulating-federation-of-egyptian-industries\/","url_meta":{"origin":561370,"position":5},"title":"Parliament preliminarily approves legislation regulating Federation of Egyptian Industries","author":"enterpriseam admin","date":"27 November 2018","format":false,"excerpt":"LEGISLATION WATCH- The House of Representatives gave preliminary approval yesterday to legislation regulating the Federation of Egyptian Industries (FEI) and referred the bill to the Council of State (Maglis El Dawla) for review before it goes to a final vote, Al Masry Al Youm reports. 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