{"id":570206,"date":"2020-03-23T04:14:15","date_gmt":"2020-03-23T04:14:15","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/23\/house-suspends-discussions-on-auto-strategy-public-enterprises-act-amendments-indefinitely\/"},"modified":"2020-03-23T04:14:15","modified_gmt":"2020-03-23T04:14:15","slug":"house-suspends-discussions-on-auto-strategy-public-enterprises-act-amendments-indefinitely","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/23\/house-suspends-discussions-on-auto-strategy-public-enterprises-act-amendments-indefinitely\/","title":{"rendered":"House suspends discussions on auto strategy, Public Enterprises Act amendments indefinitely"},"content":{"rendered":"

<\/a> LEGISLATION WATCH- House suspends discussion of auto strategy, Public Enterprises<\/strong> Act amendments indefinitely thanks to covid:<\/strong> The House industry committee has decided to postpone discussions on the government\u2019s auto strategy and the amendments to the Public Enterprises acts indefinitely due to the covid-19 outbreak, the local press reported citing parliamentary sources.<\/a> It\u2019s unclear when the discussions on the highly-anticipated bills will resume, but sources in the auto sector claimed that the auto strategy won\u2019t be back on the agenda until the next legislative session in October.<\/p>\n

A quick recap:<\/strong> The Madbouly Cabinet approved earlier this month<\/a> the long-awaited automotive strategy to provide support to local car assemblers and feeder industries to compete with imported vehicles and stimulate the local sector. Meanwhile, the Public Enterprises Act amendments received cabinet approval last month<\/a>. The 26-article bill removes state-owned companies from the legislation if they list 25% stake on the EGX and bring them within the scope of the Companies Act, thus giving general assemblies long-awaited governance.<\/p>\n","protected":false},"excerpt":{"rendered":"

LEGISLATION WATCH- House suspends discussion of auto strategy, Public Enterprises Act amendments indefinitely thanks to covid: The House industry committee has decided to postpone discussions on the government\u2019s auto strategy and the amendments to the Public Enterprises acts indefinitely due to the covid-19 outbreak, the local press reported citing parliamentary sources. It\u2019s unclear when the […]<\/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":[8572],"tags":[144,107,72,10190,274,180,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-570206","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-automotive","tag-covid-19","tag-enterpriseam","tag-enterprises","tag-house-of-representatives","tag-legislation","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"2d49c061-a980-4fc6-899e-67d7c37eef3f","is_powered_by":true,"section_story_id":"7b4ddba3-8def-4cd8-bf0c-92394f17dd73","story_type":"1","photo_url":"","photo_position":"above","related_issue":[570198],"teaser":"","voice_url":""},"yoast_head":"\nHouse suspends discussions on auto strategy, Public Enterprises Act amendments indefinitely - 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\/23\/house-suspends-discussions-on-auto-strategy-public-enterprises-act-amendments-indefinitely\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"House suspends discussions on auto strategy, Public Enterprises Act amendments indefinitely\" \/>\n<meta property=\"og:description\" content=\"LEGISLATION WATCH- House suspends discussion of auto strategy, Public Enterprises Act amendments indefinitely thanks to covid: The House industry committee has decided to postpone discussions on the government\u2019s auto strategy and the amendments to the Public Enterprises acts indefinitely due to the covid-19 outbreak, the local press reported citing parliamentary sources. It\u2019s unclear when the […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/23\/house-suspends-discussions-on-auto-strategy-public-enterprises-act-amendments-indefinitely\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-03-23T04:14:15+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\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\/2020\/03\/23\/house-suspends-discussions-on-auto-strategy-public-enterprises-act-amendments-indefinitely\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/23\/house-suspends-discussions-on-auto-strategy-public-enterprises-act-amendments-indefinitely\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"House suspends discussions on auto strategy, Public Enterprises Act amendments indefinitely\",\"datePublished\":\"2020-03-23T04:14:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/23\/house-suspends-discussions-on-auto-strategy-public-enterprises-act-amendments-indefinitely\/\"},\"wordCount\":177,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"automotive\",\"covid-19\",\"EnterpriseAM\",\"enterprises\",\"House of Representatives\",\"legislation\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/23\/house-suspends-discussions-on-auto-strategy-public-enterprises-act-amendments-indefinitely\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/23\/house-suspends-discussions-on-auto-strategy-public-enterprises-act-amendments-indefinitely\/\",\"name\":\"House suspends discussions on auto strategy, Public Enterprises Act amendments indefinitely - 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The 26-article bill would remove listed companies in which the government owns a 75% stake from the legislation, and bring them within\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\/2\/349.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":571605,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/18\/house-speaker-submits-income-tax-act-public-enterprises-act-others-for-committee-discussion\/","url_meta":{"origin":570206,"position":2},"title":"House Speaker submits Income Tax Act, Public Enterprises Act, others, for committee discussion","author":"enterpriseam admin","date":"18 May 2020","format":false,"excerpt":"LEGISLATION WATCH- House Speaker submits Income Tax Act, Public Enterprises Act, others, for committee discussion: House Speaker Ali Abdel Aal submitted six draft laws and two protocols to their relevant committees during parliament\u2019s plenary session on Sunday, the local press reports. Income tax amendments sent to the Planning and Budgeting\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":593424,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/27\/govt-to-consult-trade-unions-on-public-enterprises-act-amendments\/","url_meta":{"origin":570206,"position":3},"title":"Gov\u2019t to consult trade unions on Public Enterprises Act amendments","author":"enterpriseam admin","date":"27 November 2019","format":false,"excerpt":"LEGISLATION WATCH- Gov\u2019t to consult trade unions on Public Enterprises Act amendments as committee wraps up review: The Public Enterprises Ministry is due to invite trade unions to public consultations on the proposed amendments to the Public Enterprises Act as a newly-formed committee finalizes its review, the ministry\u2019s legal counsel\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\/2019\/11\/1075.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":573100,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/20\/house-approves-amendment-to-public-enterprises-act-postpones-approval-on-central-bank-act-covid-19-salary-tax\/","url_meta":{"origin":570206,"position":4},"title":"House approves amendment to Public Enterprises Act, postpones approval on Central Bank Act, covid-19 salary tax","author":"enterpriseam admin","date":"20 July 2020","format":false,"excerpt":"LEGISLATION WATCH- House approves amendment to Public Enterprises Act, postpones approval on Central Bank Act, covid-19 salary tax: The House of Representatives yesterday approved an amendment to the Public Enterprises Act that would allow the Sovereign Fund of Egypt to assume ownership of assets belonging to public sector companies, Al\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\/7\/159.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":593864,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/13\/el-sisi-forms-committee-to-work-on-public-enterprises-act-amendments\/","url_meta":{"origin":570206,"position":5},"title":"El Sisi forms committee to work on Public Enterprises Act amendments","author":"enterpriseam admin","date":"13 October 2019","format":false,"excerpt":"LEGISLATION WATCH- President Abdel Fattah El Sisi has formed a committee to work on amendments to the Public Enterprises Act, the local press reported. 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