{"id":644396,"date":"2024-09-25T00:00:00","date_gmt":"2024-09-25T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/25\/ybg-private-sector-leaders-to-join-specialized-council-for-economic-development\/"},"modified":"2024-09-25T00:00:00","modified_gmt":"2024-09-25T00:00:00","slug":"ybg-private-sector-leaders-to-join-specialized-council-for-economic-development","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/25\/ybg-private-sector-leaders-to-join-specialized-council-for-economic-development\/","title":{"rendered":"YBG, private-sector leaders to join Specialized Council for Economic Development"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>New<\/strong><strong> and fam<\/strong><strong>iliar faces appointed to the reconstituted <\/strong><strong>Specialized Council <\/strong><strong>for Economic Development<\/strong><strong>: <\/strong>Among those appointed by President Abdel Fattah El Sisi to the Specialized Council for Economic Development \u2014 one of four specialized councils created by El Sisi via presidential decree in 2015 \u2014 is former Finance Minister Youssef Boutros-Ghali. <\/p>\n<p style=\"border-right-style:solid;border-top-width:0pt;border-left-style:solid;orphans:2;text-align:left;padding:0;margin:0;border-right-width:0pt;line-height:1.15;border-left-width:0pt;border-top-style:solid;border-bottom-width:0pt;border-bottom-style:solid;widows:2\"><strong>Dr. Youssef is one of the good guys, folks<\/strong> \u2014 a loyal civil servant who overhauled the state\u2019s finances, built international belief in Egypt\u2019s finances, and slashed taxes by half, and launched a valiant bid to make it cool to pay them. A generation of talented public servants still serving the nation came up under him. <strong>We\u2019ve long been saying that it would be good to see him able to contribute once again to public life<\/strong>, so we\u2019re chuffed with the news. Dr. Youssef was <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/5f7810d3-395f-4460-a59b-1f888ae45fb3\/this-morning:-taqa-arabia-shares-start-trading-on-the-egx-today\" style=\"\" rel=\"noopener\">acquitted<\/a> in 2023 of charges of profiteering while in office in a politically motivated case that dated to June 2011. He was also cleared in the so-called <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2553792d-5fe9-4bbc-aba9-6a7fb12c58f4\/ybg-acquitted-of-corruption-charges\" style=\"\" rel=\"noopener\">\u201clicense plate\u201d case<\/a> in 2022.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Also included on the list w<\/strong><strong>ere our friends Karim Awad (Group CEO of EFG Holding) and <\/strong><strong>Ashraf Sabry (CEO of Fawry). <\/strong>Former House Planning and Budget Committee head Hussein Issa will coordinate the group, which will also include former Finance Minister Hani Damian, Federation of Egyptian Industries Chairman Mohamed El Sewedy, and other figures from the world of academia, banking, and business. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The CEOs of EFG Holding and Fawry will also join the council, as will FEI boss Mohamed El Sewedy<\/p>\n","protected":false},"author":1,"featured_media":644397,"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":[7231],"tags":[72,206],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-644396","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-moves","tag-enterpriseam","tag-moves","wpautop","entry"],"acf":{"mongo_id":"abc685df-fdaa-4f5f-b8b6-0f732fdffa58","order":"6","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/9\/1944.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Youssef Boutros-Ghali takes up first official position since 2011 with appointment to Specialized Council for Economic Development","related_issue":[644386],"teaser":"The CEOs of EFG Holding and Fawry will also join the council, as will FEI boss Mohamed El Sewedy","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/9\/.dd1f8274-5a50-4d22-83ea-ef77b7e6e4b7.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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It\u2019s another calm day for business news in Egypt as we inch closer to the weekend. THE BIG STORY TODAY- Egypt\u2019s first SPAC: Impact investor Catalyst Partners will set up the country\u2019s first SPAC, dubbed Catalyst Partners Middle East, after receiving the greenlight from the Financial Regulatory\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1898.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":654762,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/07\/amal-ammar-to-lead-the-national-council-for-women\/","url_meta":{"origin":644396,"position":1},"title":"Amal Ammar to lead the National Council for Women","author":"enterpriseam admin","date":"7 November 2024","format":false,"excerpt":"Ammar was one of the first 30 female judges appointed to the Egyptian judiciary","rel":"","context":"In &quot;Moves&quot;","block_context":{"text":"Moves","link":"https:\/\/enterpriseam.com\/egypt\/category\/newsmakers\/moves\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/11\/602.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":639539,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/31\/bassem-rady-replaces-alaa-youssef-as-ittihadiya-spokesperson\/","url_meta":{"origin":644396,"position":2},"title":"Bassem Rady replaces Alaa Youssef as Ittihadiya spokesperson","author":"enterpriseam admin","date":"31 October 2017","format":false,"excerpt":"MOVES- President Abdel Fattah El Sisi appointed Bassem Rady as the news spokesperson for Ittihadiya yesterday, according to a statement picked up by Ahram Online. Rady, a former consul to Turkey, replaces Alaa Youssef, who will now be heading Egypt\u2019s permanent mission to the UN in Geneva.","rel":"","context":"In &quot;Speed Round&quot;","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":627701,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/10\/veteran-housing-minister-mostafa-madbouly-tapped-as-prime-minister-designate-will-form-the-next-cabinet\/","url_meta":{"origin":644396,"position":3},"title":"Veteran housing minister Mostafa Madbouly tapped as prime minister-designate, will form the next cabinet","author":"enterpriseam admin","date":"10 June 2018","format":false,"excerpt":"Veteran housing minister Mostafa Madbouly tapped as prime minister-designate, will form the next cabinet: Housing Minister Mostafa Madbouly was appointed on Thursday as Egypt\u2019s next prime minister by President Abdel Fattah El Sisi, according to an Ittihadiya statement. Madbouly, who has served as housing minister since 2014 in the Mahlab\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":644712,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/02\/el-sisi-appointed-on-thursday-new-heads-to-three-judicial-bodies\/","url_meta":{"origin":644396,"position":4},"title":"El Sisi appointed on Thursday new heads to three judicial bodies","author":"enterpriseam admin","date":"2 July 2017","format":false,"excerpt":"President Abdel Fattah El Sisi appointed on Thursday new heads to three judicial bodies, marking the first appointments by presidential decree after the controversial amendments to the Judicial Authorities Act were passed in April, Al Masry Al Youm reports. The swearing-in ceremony for Magdy Aboulela as President of the Court\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":595045,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/15\/mohamed-hossam-el-din-appointed-as-new-chief-justice-of-the-council-of-state\/","url_meta":{"origin":644396,"position":5},"title":"Mohamed Hossam El Din appointed as new Chief Justice of the Council of State","author":"enterpriseam admin","date":"15 September 2019","format":false,"excerpt":"MOVES- El Sisi appoints Mohamed Hossam El Din as Chief Justice of Council of State: President El Sisi issued another decree appointing Mohamed Hossam El Din as new Chief Justice of the Council of Statesucceeding Ahmed Abo Al Azm, whose two-year term ends next week after reaching the age of\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/644396","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=644396"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/644396\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/644386"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/644397"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=644396"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=644396"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=644396"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=644396"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=644396"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}