{"id":634555,"date":"2018-01-17T04:14:28","date_gmt":"2018-01-17T04:14:28","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/17\/feb-fei-thebes-consultancy-draft-legislation-to-transition-to-a-cashless-economy\/"},"modified":"2018-01-17T04:14:28","modified_gmt":"2018-01-17T04:14:28","slug":"feb-fei-thebes-consultancy-draft-legislation-to-transition-to-a-cashless-economy","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/17\/feb-fei-thebes-consultancy-draft-legislation-to-transition-to-a-cashless-economy\/","title":{"rendered":"FEB, FEI, Thebes Consultancy draft legislation to transition to a cashless economy"},"content":{"rendered":"

The Federation of Egyptian Banks (FEB) and the Federation of Egyptian Industries (FEI) are drafting legislation to help Egypt\u2019s transition away from cash dependency, Thebes Consultancy Managing Director Ziad Bahaa El Din announced yesterday, Al Mal reports<\/a>. Speaking at the FEB\u2019s second annual conference on moving towards a cashless economy, Bahaa El Din said the bill would offer incentives for the switch and set the framework for the transition to take place gradually. The legislation would also outlaw using cash for specific transactions, including government payments and receiving or repaying loans. The House Planning and Budget Committee is also prepared to cooperate with the FEI, FEB, and Thebes to reach a \u201cfeasible\u201d draft of the bill, committee head Hussein Eissa said at the conference, according to the newspaper<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Federation of Egyptian Banks (FEB) and the Federation of Egyptian Industries (FEI) are drafting legislation to help Egypt\u2019s transition away from cash dependency, Thebes Consultancy Managing Director Ziad Bahaa El Din announced yesterday, Al Mal reports. Speaking at the FEB\u2019s second annual conference on moving towards a cashless economy, Bahaa El Din said 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":[9344],"tags":[72,2375],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-634555","post","type-post","status-publish","format-standard","hentry","category-legislation-policy","tag-enterpriseam","tag-legislation-policy","wpautop","entry"],"acf":{"mongo_id":"4846a375-56f8-4480-9634-84e6146f6e6e","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"FEB, FEI, Thebes Consultancy draft legislation to transition to a cashless economy","related_issue":[634519],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.de985054-be7a-46de-9d9f-b528ccf5945d.mp3"},"yoast_head":"\nFEB, FEI, Thebes Consultancy draft legislation to transition to a cashless economy - 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\/01\/17\/feb-fei-thebes-consultancy-draft-legislation-to-transition-to-a-cashless-economy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FEB, FEI, Thebes Consultancy draft legislation to transition to a cashless economy\" \/>\n<meta property=\"og:description\" content=\"The Federation of Egyptian Banks (FEB) and the Federation of Egyptian Industries (FEI) are drafting legislation to help Egypt\u2019s transition away from cash dependency, Thebes Consultancy Managing Director Ziad Bahaa El Din announced yesterday, Al Mal reports. Speaking at the FEB\u2019s second annual conference on moving towards a cashless economy, Bahaa El Din said the […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/17\/feb-fei-thebes-consultancy-draft-legislation-to-transition-to-a-cashless-economy\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-01-17T04:14:28+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\/01\/17\/feb-fei-thebes-consultancy-draft-legislation-to-transition-to-a-cashless-economy\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/17\/feb-fei-thebes-consultancy-draft-legislation-to-transition-to-a-cashless-economy\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"FEB, FEI, Thebes Consultancy draft legislation to transition to a cashless economy\",\"datePublished\":\"2018-01-17T04:14:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/17\/feb-fei-thebes-consultancy-draft-legislation-to-transition-to-a-cashless-economy\/\"},\"wordCount\":142,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Legislation + Policy\"],\"articleSection\":[\"Legislation + Policy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/17\/feb-fei-thebes-consultancy-draft-legislation-to-transition-to-a-cashless-economy\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/17\/feb-fei-thebes-consultancy-draft-legislation-to-transition-to-a-cashless-economy\/\",\"name\":\"FEB, FEI, Thebes Consultancy draft legislation to transition to a cashless economy - 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