{"id":622600,"date":"2018-10-08T04:03:43","date_gmt":"2018-10-08T04:03:43","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/08\/public-enterprises-act-amendments-completed\/"},"modified":"2018-10-08T04:03:43","modified_gmt":"2018-10-08T04:03:43","slug":"public-enterprises-act-amendments-completed","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/08\/public-enterprises-act-amendments-completed\/","title":{"rendered":"Public Enterprises Act amendments completed"},"content":{"rendered":"

LEGISLATION WATCH- Public Enterprises Act amendments completed:<\/strong> The Public Enterprises Ministry has completed drafting the amendments to the Public Enterprises Act that could open the door for the government to list state holding companies, Minister Hisham Tawfik tells Al Masry Al Youm<\/a>. He did not disclose details of the proposed amendments, which he said will soon be presented to the Madbouly Cabinet for approval. An early draft of the changes, which leaked to Al Mal<\/a> in August, revealed that the legislation would allow private-sector companies to own stakes of just under 50% in the ministry\u2019s holding companies<\/strong>. The amendments would also limit government seats on the boards of state holding companies to seven seats at most and could set a three-year term limit for the boards. The amendments are expected to be introduced in the current legislative session<\/a> of the House of Representatives.<\/p>\n","protected":false},"excerpt":{"rendered":"

LEGISLATION WATCH- Public Enterprises Act amendments completed: The Public Enterprises Ministry has completed drafting the amendments to the Public Enterprises Act that could open the door for the government to list state holding companies, Minister Hisham Tawfik tells Al Masry Al Youm. He did not disclose details of the proposed amendments, which he said will […]<\/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":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-622600","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"cf1d2deb-15dd-458a-9b7c-8f61070073b3","order":"0","is_powered_by":true,"section_story_id":"09f5baf2-4198-484f-9678-0411ff08886c","story_type":"1","photo_url":"","photo_position":"above","related_issue":[622584],"teaser":"","voice_url":""},"yoast_head":"\nPublic Enterprises Act amendments completed - 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\/2018\/10\/08\/public-enterprises-act-amendments-completed\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Public Enterprises Act amendments completed\" \/>\n<meta property=\"og:description\" content=\"LEGISLATION WATCH- Public Enterprises Act amendments completed: The Public Enterprises Ministry has completed drafting the amendments to the Public Enterprises Act that could open the door for the government to list state holding companies, Minister Hisham Tawfik tells Al Masry Al Youm. He did not disclose details of the proposed amendments, which he said will […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/08\/public-enterprises-act-amendments-completed\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-10-08T04:03:43+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\/2018\/10\/08\/public-enterprises-act-amendments-completed\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/08\/public-enterprises-act-amendments-completed\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Public Enterprises Act amendments completed\",\"datePublished\":\"2018-10-08T04:03:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/08\/public-enterprises-act-amendments-completed\/\"},\"wordCount\":148,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/08\/public-enterprises-act-amendments-completed\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/08\/public-enterprises-act-amendments-completed\/\",\"name\":\"Public Enterprises Act amendments completed - 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The Public Enterprises Ministry could offer private investors the management rights to three bus companies before merging them together, Minister Hisham Tawfik said, according to Al Mal. The move to privatize the management of Upper Egypt for Transport, West\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":622600,"position":2},"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":592878,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/11\/egypts-maritime-holding-co-is-getting-its-ducks-in-a-row-with-intl-consultants-as-privatization-beckons\/","url_meta":{"origin":622600,"position":3},"title":"Egypt\u2019s Maritime Holding Co is getting its ducks in a row with int\u2019l consultants as privatization beckons","author":"enterpriseam admin","date":"11 November 2019","format":false,"excerpt":"PRIVATIZATION WATCH- Holding Co for Maritime getting its ducks in a row with int\u2019l consultants \u2014 Is privatization beckoning? 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