{"id":581440,"date":"2023-02-14T00:00:00","date_gmt":"2023-02-14T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/14\/mps-approve-tourism-transport-finance-and-oil-bills-watch-out-netflix\/"},"modified":"2023-02-14T00:00:00","modified_gmt":"2023-02-14T00:00:00","slug":"mps-approve-tourism-transport-finance-and-oil-bills-watch-out-netflix","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/14\/mps-approve-tourism-transport-finance-and-oil-bills-watch-out-netflix\/","title":{"rendered":"MPs approve tourism, transport finance, and oil bills + Watch out, Netflix"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\"><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\"><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"> <\/span><span style=\"font-weight:700\">MPs approved bills on tourism, development finance, and fresh oil exploration<\/span><span style=\"font-weight:700\"> yesterday,<\/span><span style=\"font-weight:400;\"> while various committees of the House were busy with everything from carbon trading to a bid to tighten controls on Netflix and other streamers.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">#1- MPs approved the remaining articles of a draft tourism bill<\/span><span style=\"\"> that would strip the power to <\/span><span>form and regulate tourism chambers from the tourism minister and place it in the hands of the Egyptian Tourism Federation (ETF). The <\/span><span>72-article bill<\/span><span> aims to make tourism chambers more democratic and independent and reinforce their role in promoting the industry. The bill as a whole, which the House <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.press\/stories\/2023\/01\/30\/more-independence-for-tourism-chambers-hefty-fines-for-fake-weather-news-94844\/\" style=\"\">approved in principle<\/a><\/span><span style=\"font-weight:400;\"> last month, is still pending a final vote in the House. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Private sector front and center:<\/span><span style=\"\"> <\/span><span style=\"\">\u201cThe most important objective of this bill is that it will strike a <\/span><span>balance between the Tourism Ministry as a regulator and the private sector as the main player,\u201d Tourism Minister Ahmed Issa said yesterday. The government wants to see the private sector build \u201cat least\u201d 290k new hotel rooms, improve the quality of services and entertainment for tourists, and put on low-cost flights, Issa <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.press\/stories\/2023\/01\/23\/travco-wants-to-capitalize-on-the-tourism-rebound-govt-calls-for-usd-30-bn-investments-to-reach-30-mn-guests-94218\/\" style=\"\">told the Senate<\/a><\/span><span style=\"font-weight:400;\"> last month.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">#2- Alexandria metro money from the AFD: <\/span><span style=\"\">The House also approved <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.press\/stories\/2021\/06\/17\/more-details-on-that-eur-1-7-bn-french-financing-agreement-signed-earlier-this-week-44649\/\" style=\"\">an EUR 250 mn loan<\/a><\/span><span style=\"\"> <\/span><span style=\"\">from the French Development Agency (AFD) to upgrade the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.press\/stories\/2022\/12\/22\/three-consortiums-are-in-the-running-for-the-eur-1-6-bn-alexandria-metro-project-92016\/\" style=\"\">Alexandria-Abu Qir metro line<\/a><\/span><span style=\"\">. T<\/span><span>he EUR 1.6 bn project is also <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.press\/stories\/2021\/08\/01\/more-ebrd-money-for-abu-qir-railway-conversion-48612\/\" style=\"\">being financed by<\/a><\/span><span style=\"font-weight:400;\"> the European Investment Bank (EUR 750 mn), the European Bank for Reconstruction and Development (EUR 250 mn), and the Asian Infrastructure Investment Bank. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">#3-More gas exploration: <\/span><span style=\"\">The House greenlit seven bills that will allow the Oil Minister to <\/span><span style=\"\">contract companies for oil and gas explorations. One bill paves the way for state-owned EGAS and Cheiron Egypt to explore for oil and gas west of the Burullus offshore gas field in the Mediterranean, while th<\/span><span style=\"\">e remaining six bills will allow the oil minister to contract the Egyptian General Petroleum Corporation (EGPC) and six foreign companies to explore for oil in the Western Desert.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">FROM THE HOUSE COMMITTEES- <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">#1- One step closer to a local <\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/enterprise.press\/stories\/2022\/05\/10\/what-can-we-expect-from-the-planned-local-carbon-credit-exchange-70593\/\" style=\"\">carbon trading scheme<\/a><\/span><span style=\"font-weight:700\">: <\/span><span style=\"\">The House Economic Affairs <\/span><span>Committee gave preliminary approval to amendments to the Capital Markets Law that would allow for the trading of carbon certificates on the Egyptian bourse, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/bit.ly\/40PH0YJ\" style=\"\">Al Mal<\/a><\/span><span> reports. The FRA late last year said it was drafting the amendments ahead of <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.press\/stories\/2022\/11\/20\/africas-first-voluntary-carbon-market-will-launch-in-mid-2023-88131\/\" style=\"\">EGX plans<\/a><\/span><span style=\"font-weight:400;\"> to launch Africa\u2019s first voluntary carbon market in mid-2023. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">#2- Streaming platforms v. social values: <\/span><span style=\"\">The Supreme Council for Media Regulation <\/span><span style=\"\">(SCMR) is <\/span><span style=\"font-weight:400;\">\u201cin the process of drafting ethical, religious and legal criterion that would regulate the performance of [streaming] platforms to make sure they observe religious and moral values and that they are not involved in spreading extremist or atheist thoughts,\u201d SCMR head Karam Gabr told the House Human Rights Committee. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Netflix + friends have already been warned: <\/span><span>In September, the SCMR <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.press\/stories\/2022\/09\/07\/censorship-of-online-streaming-platforms-begins-office-space-is-pricey-af-in-dxb-truss-hits-her-esg-targets-with-cabinet-80631\/\" style=\"\">issued new regulations and licenses<\/a><\/span><span> for online streaming platforms that require them to ensure their content \u201cadhere to social values and morals,\u201d singling out Netflix and Disney+. The council is also <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.press\/stories\/2023\/01\/24\/teachers-could-need-to-get-licensed-soon-and-so-could-social-media-firms-94360\/\" style=\"\">looking at<\/a><\/span><span> legislation that would <\/span><span style=\"font-weight:400;\">stop social media platforms from spreading \u201cdestructive ideas.\u201d <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">AND- No risqu\u00e9 Ramadan ads: <\/span><span style=\"font-weight:400;\">The SCMR is also drafting rules that will regulate the content of TV advertisements during Ramadan, Gabr said. \u201cWe will make sure that children and women will not be used in an undignified or a dishonorable way in TV advertisements during Ramadan,\u201d he said, warning that channels that violate the rules could see their licenses revoked. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">#3- An overpopulation conference in the making? <\/span><span style=\"\">The 12 parliamentary committees focused <\/span><span style=\"\">on population will hold a conference \u201cin the near future\u201d to discuss <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.press\/stories\/2023\/02\/13\/mps-still-balk-at-the-liquidation-of-state-owned-zombiecos-96640\/\" style=\"\">Egypt\u2019s overpopulation crisis<\/a><\/span><span style=\"\">and attempt to find a solution. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MPs approved bills on tourism, development finance, and fresh oil exploration yesterday, while various committees of the House were busy with everything from carbon trading to a bid to tighten controls on Netflix and other streamers. #1- MPs approved the remaining articles of a draft tourism bill that would strip the power to form and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":581441,"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":[7344],"tags":[102,6369,93,72,274,187,283,91,238,207],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-581440","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legislation-watch","tag-capital-markets","tag-carbon-trading","tag-energy","tag-enterpriseam","tag-house-of-representatives","tag-legislation-watch","tag-media","tag-oil-and-gas","tag-tourism","tag-transport","wpautop","entry"],"acf":{"mongo_id":"603ea8b0-b4c1-49d4-bde6-722d0547ddd4","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/10\/House1600.jpg","photo_position":"below","homepage_title":"","full_issue_title":"","related_issue":[581433],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/2\/.8aa1825a-a3c8-45dc-a197-574c96946aee.mp3"},"yoast_head":"<!-- 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