{"id":569806,"date":"2020-03-08T04:20:12","date_gmt":"2020-03-08T04:20:12","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/08\/new-retail-stores-bill-comes-into-effect-shop-owners-told-to-comply\/"},"modified":"2020-03-08T04:20:12","modified_gmt":"2020-03-08T04:20:12","slug":"new-retail-stores-bill-comes-into-effect-shop-owners-told-to-comply","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/08\/new-retail-stores-bill-comes-into-effect-shop-owners-told-to-comply\/","title":{"rendered":"New Retail Stores Bill comes into effect, shop owners told to comply"},"content":{"rendered":"<p>The recently ratified <a href=\"https:\/\/enterprise.press\/stories\/2018\/12\/11\/bill-that-would-regulate-egypts-retail-industry-making-its-way-through-the-house-of-representatives\/\">Retail Stores Bill<\/a>, which imposes new licensing rules on the retail sector, took effect over the weekend after Prime Minister Moustafa Madbouly issued a decree, <a href=\"http:\/\/bit.ly\/331JFRm\">according to a cabinet statement<\/a>. The decree allows shops to continue operating under valid licenses and grants them two years to comply with the new rules. The law passed the House of Representatives <a href=\"https:\/\/enterprise.press\/stories\/2019\/01\/15\/house-gives-in-principle-nod-to-retail-stores-bill\/\">last summer<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The recently ratified Retail Stores Bill, which imposes new licensing rules on the retail sector, took effect over the weekend after Prime Minister Moustafa Madbouly issued a decree, according to a cabinet statement. The decree allows shops to continue operating under valid licenses and grants them two years to comply with the new rules. The [&hellip;]<\/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":[9344],"tags":[72,180,2375,343,338],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-569806","post","type-post","status-publish","format-standard","hentry","category-legislation-policy","tag-enterpriseam","tag-legislation","tag-legislation-policy","tag-regulation","tag-retail","wpautop","entry"],"acf":{"mongo_id":"439581d4-bfab-447d-af4f-1a4a09bd3f26","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[569778],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>New Retail Stores Bill comes into effect, shop owners told to comply - 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\/2020\/03\/08\/new-retail-stores-bill-comes-into-effect-shop-owners-told-to-comply\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Retail Stores Bill comes into effect, shop owners told to comply\" \/>\n<meta property=\"og:description\" content=\"The recently ratified Retail Stores Bill, which imposes new licensing rules on the retail sector, took effect over the weekend after Prime Minister Moustafa Madbouly issued a decree, according to a cabinet statement. The decree allows shops to continue operating under valid licenses and grants them two years to comply with the new rules. The [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/08\/new-retail-stores-bill-comes-into-effect-shop-owners-told-to-comply\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-03-08T04:20:12+00:00\" \/>\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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/08\/new-retail-stores-bill-comes-into-effect-shop-owners-told-to-comply\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/08\/new-retail-stores-bill-comes-into-effect-shop-owners-told-to-comply\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"New Retail Stores Bill comes into effect, shop owners told to comply\",\"datePublished\":\"2020-03-08T04:20:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/08\/new-retail-stores-bill-comes-into-effect-shop-owners-told-to-comply\/\"},\"wordCount\":75,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"legislation\",\"Legislation + Policy\",\"regulation\",\"retail\"],\"articleSection\":[\"Legislation + Policy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/08\/new-retail-stores-bill-comes-into-effect-shop-owners-told-to-comply\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/08\/new-retail-stores-bill-comes-into-effect-shop-owners-told-to-comply\/\",\"name\":\"New Retail Stores Bill comes into effect, shop owners told to comply - 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The House of Representatives\u2019 general assembly has given a preliminary nod to the content and naming of the Madbouly government\u2019s proposed Retail Stores Bill, Youm7 reports The bill includes new regs and a grace\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":626643,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/08\/house-prepares-unifying-legislation-to-govern-state-retail-outlets\/","url_meta":{"origin":569806,"position":1},"title":"House prepares unifying legislation to govern state retail outlets","author":"enterpriseam admin","date":"8 July 2018","format":false,"excerpt":"The House of Representatives is looking to introduce new legislation to govern government cooperatives, according to Rep. Abdel Hady Kassabi, Al Mal reports. A House committee met last week to begin reviewing the separate laws on state retail outlets, which they claim have not been updated in 28 years, with\u2026","rel":"","context":"In &quot;Legislation + Policy&quot;","block_context":{"text":"Legislation + Policy","link":"https:\/\/enterpriseam.com\/egypt\/category\/legislation-policy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":633979,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/02\/supply-ministrys-price-printing-policy-officially-comes-into-effect\/","url_meta":{"origin":569806,"position":2},"title":"Supply Ministry\u2019s price-printing policy officially comes into effect","author":"enterpriseam admin","date":"2 January 2018","format":false,"excerpt":"The Supply Ministry\u2019s price-printing policy officially came into effect yesterday, Al Masry Al Youm reports. The decree requires grocers to clearly list prices either on the product\u2019s packaging or on the shelves inside their respective stores. It also aims to control price gouging by forcing vendors to sell goods within\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":648074,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/28\/cabinet-signs-off-on-civil-service-act-executive-regulations-oil-exploration-agreements-and-others-during-weekly-meeting\/","url_meta":{"origin":569806,"position":3},"title":"Cabinet signs off on Civil Service Act executive regulations, oil exploration agreements, and others during weekly meeting","author":"enterpriseam admin","date":"28 May 2017","format":false,"excerpt":"The Ismail government signed off on the executive regulations to the Civil Service Act during its weekly meeting on Thursday, according to a Cabinet statement. Cabinet also okayed six agreements between the Egyptian General Petroleum Company and unnamed IOCs for oil exploration in the Western Desert. Other key decisions taken\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":593671,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/07\/el-sisi-ratifies-retail-stores-bill\/","url_meta":{"origin":569806,"position":4},"title":"El Sisi ratifies retail stores bill","author":"enterpriseam admin","date":"7 October 2019","format":false,"excerpt":"LEGISLATION WATCH- El Sisi ratifies retail stores bill: President Abdel Fattah El Sisi ratified the retail stores bill on Thursday, according to the Official Gazette. The legislation imposes new licensing rules on the retail sector, and requires unlicensed shop owners obtain a license within a maximum period of five years.","rel":"","context":"In &quot;Speed Round&quot;","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":599943,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/15\/house-gives-in-principle-nod-to-retail-stores-bill\/","url_meta":{"origin":569806,"position":5},"title":"House gives in-principle nod to retail stores bill","author":"enterpriseam admin","date":"15 January 2019","format":false,"excerpt":"LEGISLATION WATCH- House gives in-principle nod to retail stores bill: The House of Representatives approved yesterday the Retail Stores Bill, Al Mal reports. The bill, if enacted, would impose new licensing requirements and regulations on the nation\u2019s retail industry. The House introduced several amendments to the bill and shipped it\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/569806","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=569806"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/569806\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/569778"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=569806"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=569806"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=569806"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=569806"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=569806"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}