{"id":570246,"date":"2020-03-24T04:16:33","date_gmt":"2020-03-24T04:16:33","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/24\/el-sisi-ratifies-consumer-credit-act\/"},"modified":"2020-03-24T04:16:33","modified_gmt":"2020-03-24T04:16:33","slug":"el-sisi-ratifies-consumer-credit-act","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/24\/el-sisi-ratifies-consumer-credit-act\/","title":{"rendered":"El Sisi ratifies Consumer Credit Act"},"content":{"rendered":"

El Sisi ratifies Consumer Credit Act:<\/strong> President Abdel Fattah El Sisi has ratified the Consumer Credit Act, the local press reports<\/a>, carrying a copy of the bill. The legislation, which received House approval late last month<\/a>, introduces a new regulatory framework for consumer finance companies governing business creation and operations, as well as providing companies that finance purchases of consumer durables with more clarity regarding expanding their businesses.<\/p>\n","protected":false},"excerpt":{"rendered":"

El Sisi ratifies Consumer Credit Act: President Abdel Fattah El Sisi has ratified the Consumer Credit Act, the local press reports, carrying a copy of the bill. The legislation, which received House approval late last month, introduces a new regulatory framework for consumer finance companies governing business creation and operations, as well as providing companies […]<\/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":[96,4487,72,274,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-570246","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-abdel-fattah-el-sisi","tag-consumer-credit-act","tag-enterpriseam","tag-house-of-representatives","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"471c6d79-d116-449e-89be-1b80b3b3af25","is_powered_by":true,"section_story_id":"8e4599c6-df5d-41fe-8401-aa0fa06a0891","story_type":"1","photo_url":"","photo_position":"above","related_issue":[570228],"teaser":"","voice_url":""},"yoast_head":"\nEl Sisi ratifies Consumer Credit Act - 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\/24\/el-sisi-ratifies-consumer-credit-act\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"El Sisi ratifies Consumer Credit Act\" \/>\n<meta property=\"og:description\" content=\"El Sisi ratifies Consumer Credit Act: President Abdel Fattah El Sisi has ratified the Consumer Credit Act, the local press reports, carrying a copy of the bill. The legislation, which received House approval late last month, introduces a new regulatory framework for consumer finance companies governing business creation and operations, as well as providing companies […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/24\/el-sisi-ratifies-consumer-credit-act\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-03-24T04:16:33+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\/24\/el-sisi-ratifies-consumer-credit-act\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/24\/el-sisi-ratifies-consumer-credit-act\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"El Sisi ratifies Consumer Credit Act\",\"datePublished\":\"2020-03-24T04:16:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/24\/el-sisi-ratifies-consumer-credit-act\/\"},\"wordCount\":74,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Abdel Fattah El Sisi\",\"Consumer Credit Act\",\"EnterpriseAM\",\"House of Representatives\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/24\/el-sisi-ratifies-consumer-credit-act\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/24\/el-sisi-ratifies-consumer-credit-act\/\",\"name\":\"El Sisi ratifies Consumer Credit Act - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2020-03-24T04:16:33+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/24\/el-sisi-ratifies-consumer-credit-act\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/24\/el-sisi-ratifies-consumer-credit-act\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/24\/el-sisi-ratifies-consumer-credit-act\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"El Sisi ratifies Consumer Credit Act\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"El Sisi ratifies Consumer Credit Act - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/24\/el-sisi-ratifies-consumer-credit-act\/","og_locale":"en_US","og_type":"article","og_title":"El Sisi ratifies Consumer Credit Act","og_description":"El Sisi ratifies Consumer Credit Act: President Abdel Fattah El Sisi has ratified the Consumer Credit Act, the local press reports, carrying a copy of the bill. 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The law, which received House approval last month, replaces the controversial Law No. 70 of 2017, which generated\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":596304,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/25\/el-sisi-ratifies-egypts-new-social-security-and-pensions-act\/","url_meta":{"origin":570246,"position":2},"title":"El Sisi ratifies Egypt\u2019s new Social Security and Pensions Act","author":"enterpriseam admin","date":"25 August 2019","format":false,"excerpt":"LEGISLATION WATCH- El Sisi ratifies Social Security and Pensions Act: President Abdel Fattah El Sisi has ratified the new Social Security and Pensions Act, Ahram Online reported. The new law, which was passed by parliament last month, will see 21% of public and private sector workers\u2019 salaries going towards a\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":570457,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/01\/consumer-finance-companies-are-looking-fra-licensing\/","url_meta":{"origin":570246,"position":3},"title":"Consumer finance companies are looking FRA licensing","author":"enterpriseam admin","date":"1 April 2020","format":false,"excerpt":"valU, Premium Card, Souhoola and Aman are looking for consumer finance licensing: Consumer finance outfits valU (an arm of EFG Hermes), Premium Card, Aman Installment Company (a subsidiary of Raya Holding), and Souhoola (a CI Capital subsidiary) will apply to the Financial Regulatory Authority (FRA) to receive licenses, according to\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":595929,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/14\/el-sisi-ratifies-mineral-resources-act-economic-court-act-amendments\/","url_meta":{"origin":570246,"position":4},"title":"El Sisi ratifies Mineral Resources Act, Economic Court Act amendments","author":"enterpriseam admin","date":"14 August 2019","format":false,"excerpt":"LEGISLATION WATCH- El Sisi ratifies key legislation: President Abdel Fattah El Sisi has ratified the Mineral Resources Act, which introduces additional incentives for companies to invest in the mining sector. 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