{"id":564587,"date":"2021-02-15T13:50:05","date_gmt":"2021-02-15T13:50:05","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/15\/fei-lame-duck-no-more\/"},"modified":"2021-02-15T13:50:05","modified_gmt":"2021-02-15T13:50:05","slug":"fei-lame-duck-no-more","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/15\/fei-lame-duck-no-more\/","title":{"rendered":"FEI: Lame duck no more"},"content":{"rendered":"

<\/a> Lame duck no more: The Federation of Egyptian Industries (FEI ) looks like it\u2019s on track <\/strong>to get an \u201c<\/strong>immunity booster\u201d<\/strong> for a board whose term in office expired nearly six months ago, the print edition of state-owned Al Ahram notes. The House Industry Committee approved last Friday a bill that would amend law 70 \/ 2019 to extend the current board\u2019s term for yet another six-month period, giving it a legal umbrella under which to operate and a framework from which to hold elections.<\/p>\n

The back story: <\/strong>In May 2019, a new law regulating the FEI passed the House, while the board of the government-approved \u201cvoice of industry in Egypt\u201d<\/a> was given a one-year extension of their term in office. That gave them until September 2020 to wait for the executive regulations to the FEI Act and subsequently call elections.<\/p>\n

What happened? <\/strong>In a word: Corona. The executive regulations weren\u2019t handed down until November 2020 \u2014 and when they did arrive, the regulations failed to give the (now lapsed) board an extended term or mandate to hold elections. The board has avoided major policy statements or making quasi-regulatory decisions<\/strong> that could have opened the FEI or board members to legal challenges, even as it continued to steer the organization.<\/p>\n

What\u2019s next?<\/strong> Bills of this form would normally go to the House general assembly for approval before being signed off by President Abdel Fattah El Sisi.<\/p>\n","protected":false},"excerpt":{"rendered":"

Lame duck no more: The Federation of Egyptian Industries (FEI ) looks like it\u2019s on track to get an \u201cimmunity booster\u201d for a board whose term in office expired nearly six months ago, the print edition of state-owned Al Ahram notes. The House Industry Committee approved last Friday a bill that would amend law 70 […]<\/p>\n","protected":false},"author":1,"featured_media":564588,"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":[10078],"tags":[633,916,180,187],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-564587","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round-legislation-watch","tag-enterprisepm","tag-federation-of-egyptian-industries","tag-legislation","tag-legislation-watch","wpautop","entry"],"acf":{"mongo_id":"b1405d96-f38f-4c55-a9f1-93452c648e1f","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/2\/453.jpg","photo_position":"above","related_issue":[564581],"teaser":"","voice_url":""},"yoast_head":"\nFEI: Lame duck no more - 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\/02\/15\/fei-lame-duck-no-more\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FEI: Lame duck no more\" \/>\n<meta property=\"og:description\" content=\"Lame duck no more: The Federation of Egyptian Industries (FEI ) looks like it\u2019s on track to get an \u201cimmunity booster\u201d for a board whose term in office expired nearly six months ago, the print edition of state-owned Al Ahram notes. The House Industry Committee approved last Friday a bill that would amend law 70 […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/15\/fei-lame-duck-no-more\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-02-15T13:50:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2021\/2\/453.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/15\/fei-lame-duck-no-more\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/15\/fei-lame-duck-no-more\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"FEI: Lame duck no more\",\"datePublished\":\"2021-02-15T13:50:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/15\/fei-lame-duck-no-more\/\"},\"wordCount\":237,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/15\/fei-lame-duck-no-more\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/2\/453.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterprisePM\",\"Federation of Egyptian Industries\",\"legislation\",\"Legislation Watch\"],\"articleSection\":[\"SPEED ROUND: LEGISLATION WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/15\/fei-lame-duck-no-more\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/15\/fei-lame-duck-no-more\/\",\"name\":\"FEI: Lame duck no more - 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The business association appears satisfied with the\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":595498,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/29\/egyptian-antiquity-smugglers-would-now-spend-more-time-in-prison-if-caught\/","url_meta":{"origin":564587,"position":3},"title":"Egyptian Antiquity smugglers would now spend more time in prison if caught","author":"enterpriseam admin","date":"29 September 2019","format":false,"excerpt":"CABINET WATCH- Antiquity smugglers would now spend more time in prison, pay up to EGP 10 mn if caught: The Madbouly Cabinet has approved amendments to the Antiquities Protection Law that would set fines of between EGP 1 mn to EGP 10 mn and impose tougher prison sentences for anyone\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":604414,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/03\/house-pushes-forward-with-legislation-to-regulate-the-egyptian-industries-federation\/","url_meta":{"origin":564587,"position":4},"title":"House pushes forward with legislation to regulate the Egyptian industries federation","author":"enterpriseam admin","date":"3 December 2018","format":false,"excerpt":"LEGISLATION WATCH- House working group signs off on bill that regulates Federation of Egyptian Industries. A working group at the House of Representatives with members from the industry, budget and legislative committees has signed off on legislation regulating the Federation of Egyptian Industries (FEI), local news reported. 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