{"id":577691,"date":"2022-12-01T03:58:53","date_gmt":"2022-12-01T03:58:53","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/01\/cabinet-approves-exec-regs-on-the-water-resources-act\/"},"modified":"2022-12-01T03:58:53","modified_gmt":"2022-12-01T03:58:53","slug":"cabinet-approves-exec-regs-on-the-water-resources-act","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/01\/cabinet-approves-exec-regs-on-the-water-resources-act\/","title":{"rendered":"Cabinet approves exec regs on the Water Resources Act"},"content":{"rendered":"

<\/a> The Madbouly cabinet approved the executive regulations for the <\/strong>Water<\/a><\/strong>Resources Act<\/a><\/strong> in its weekly meeting yesterday, it said in a statement<\/a>. The regulations lay out the details of the Water Resources Act, which was signed into law in October 2021<\/a> after years of back and forth between legislators. The executive regulations will become official when published in the Official Gazette.<\/p>\n

Water Resources Act? <\/strong>The bill aims to regulate how we use our water resources in light of threats to supply, including from climate change and the Grand Ethiopian Renaissance Dam. It includes regulations on groundwater management and storage, provisions against acts of vandalism near coasts, modernizing the irrigation system, and fees for pumping stations on the Nile and canals.<\/p>\n

ALSO- Cabinet has signed off on all the hydrogen agreements out of COP27:<\/strong> Ministers approved the framework agreements signed with international energy companies to construct nine green hydrogen and ammonia facilities in the Suez Canal Economic Zone (SCZone). The agreements, which were signed earlier this month<\/a>during COP27, are worth as much as USD 83 bn in investments. The projects will collectively produce up to 4.6 mn tons of green ammonia and 2.7 mn tons of hydrogen a year when fully operational, putting Egypt on the road to becoming a regional hub for green hydrogen.<\/p>\n

AND- Good news for freezone companies:<\/strong> The cabinet approved postponing a 15% hike on usufruct fees from companies operating in freezones for another year. The hike had been set to go into effect on 1 January, 2023, following an initial year-long postponement<\/a>. Freezone investor associations requested the delay in view of global economic headwinds, the statement reads.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Madbouly cabinet approved the executive regulations for the WaterResources Act in its weekly meeting yesterday, it said in a statement. The regulations lay out the details of the Water Resources Act, which was signed into law in October 2021 after years of back and forth between legislators. The executive regulations will become official when […]<\/p>\n","protected":false},"author":1,"featured_media":577692,"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":[7306],"tags":[282,7286,228,93,72,254,187,69,3769],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-577691","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cabinet-watch","tag-cabinet-watch","tag-climate","tag-cop27","tag-energy","tag-enterpriseam","tag-green-hydrogen","tag-legislation-watch","tag-tax","tag-water-resources-act","wpautop","entry"],"acf":{"mongo_id":"709f9faf-fc55-4650-b1cc-5bd7c1589ecd","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/12\/8.jpg","photo_position":"above","related_issue":[577675],"teaser":"","voice_url":""},"yoast_head":"\nCabinet approves exec regs on the Water Resources 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\/2022\/12\/01\/cabinet-approves-exec-regs-on-the-water-resources-act\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cabinet approves exec regs on the Water Resources Act\" \/>\n<meta property=\"og:description\" content=\"The Madbouly cabinet approved the executive regulations for the WaterResources Act in its weekly meeting yesterday, it said in a statement. The regulations lay out the details of the Water Resources Act, which was signed into law in October 2021 after years of back and forth between legislators. 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The new law aims to regulate how the country utilizes its water resources, especially in the light of threats from climate change and\u2026","rel":"","context":"In "LEGISLATION WATCH"","block_context":{"text":"LEGISLATION WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/legislation-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":640910,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/07\/cabinet-approves-amended-water-act\/","url_meta":{"origin":577691,"position":1},"title":"Cabinet approves amended Water Act","author":"enterpriseam admin","date":"7 September 2017","format":false,"excerpt":"The Ismail cabinet gave the green light yesterday to an amended Water Act, according to an official statement. The law outlines how water is distributed, who has the right to use it, and new regulations for Egypt\u2019s sewage systems. The act first emerged back in 2014, and has been amended,\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":611482,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/07\/cabinet-greenlights-stricter-penalties-for-unauthorized-groundwater-drilling\/","url_meta":{"origin":577691,"position":2},"title":"Cabinet greenlights stricter penalties for unauthorized groundwater drilling","author":"enterpriseam admin","date":"7 December 2023","format":false,"excerpt":"Fines for illegal drilling can go up to EGP 500k","rel":"","context":"In "Cabinet watch"","block_context":{"text":"Cabinet watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/regulation\/cabinet-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/8\/488.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":593243,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/21\/exec-regs-for-mineral-resources-act-coming-this-month\/","url_meta":{"origin":577691,"position":3},"title":"Exec regs for Mineral Resources Act coming this month","author":"enterpriseam admin","date":"21 November 2019","format":false,"excerpt":"REGULATION WATCH- Exec regs for Mineral Resources Act coming this month: The Council of State (Maglis El Dawla) should complete its review of the draft executive regulations for the Mineral Resources Act \u201cwithin days\u201d before referring it to cabinet for approval, a government source told Al Mal. The cabinet should\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":560355,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/24\/water-resources-act-the-great-revival\/","url_meta":{"origin":577691,"position":4},"title":"Water Resources Act: The great revival?","author":"enterpriseam admin","date":"24 February 2021","format":false,"excerpt":"The long-dormant Water Resources Act is coming back from the dead at the House of Representatives, where MPs will discuss committee reports on the legislation next Tuesday ahead of a final vote on the bill, Al Shorouk reports. The act is expected to unite disparate laws on water into a\u2026","rel":"","context":"In "LEGISLATION WATCH"","block_context":{"text":"LEGISLATION WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/legislation-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/2\/351.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":591703,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/15\/mineral-resources-act-exec-regs-should-come-out-this-month\/","url_meta":{"origin":577691,"position":5},"title":"Mineral Resources Act exec regs should come out this month","author":"enterpriseam admin","date":"15 December 2019","format":false,"excerpt":"REGULATION WATCH- Mineral Resources Act exec regs should come out this month: The executive regulations of the Mineral Resources Act should be making their way to cabinet for approval before the end of this month, an unnamed source from the Egyptian Mineral Resources General Authority tells Al Shorouk. 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