{"id":645116,"date":"2017-07-12T04:16:52","date_gmt":"2017-07-12T04:16:52","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/12\/on-the-horizon-188\/"},"modified":"2017-07-12T04:16:52","modified_gmt":"2017-07-12T04:16:52","slug":"on-the-horizon-188","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/12\/on-the-horizon-188\/","title":{"rendered":"On the horizon"},"content":{"rendered":"<p><strong>Investment Act\u2019s exec regs on track for August delivery:<\/strong> The Sherif Ismail cabinet is on track with plans to issue the executive regulations to the Investment Act in August, Ismail said on Tuesday, <a href=\"http:\/\/gate.ahram.org.eg\/News\/1551591.aspx\">according to Ahram Gate<\/a>. The cabinet will be sending the regulations over to the Egyptian Council of State once it concludes its review and incorporates remarks from the finance and housing ministries during its coming meetings this month. <strong>The Union of Egyptian Investors\u2019 Association will also be sending their remarks<\/strong> on the regulations for consideration and will lobby the cabinet to allow tobacco production at private freezones, <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1161338\">AMAY says<\/a>. As <a href=\"https:\/\/enterprise.press\/stories\/2017\/07\/11\/seriously-union-of-egyptian-investors-associations-slow-your-roll\/\">we noted yesterday<\/a>, they are also not happy about that foreign labor can make up 20% of a company\u2019s hiring, not to mention their ludicrous proposal that passing the regs require their approval.<\/p>\n<p><strong>The Union<\/strong> (a fitting name considering their confused leanings)<strong> will also be meeting with CBE officials in two weeks\u2019 time<\/strong> to devise a solution for companies who have rejected the <a href=\"https:\/\/enterprise.press\/stories\/2017\/02\/22\/bankers-acknowledge-cbe-investors-associations-agreement-on-settling-pre-float-lcs\/\">CBE\u2019s settlement<\/a> of a spike in importer debt from letters of credit following the EGP float, <a href=\"https:\/\/alborsanews.com\/2017\/07\/11\/1036830\">Al Borsa reports<\/a>.<\/p>\n<p><strong>Cairo and Moscow will be signing the contracts for a Russian industrial zone in east Port Said by September,<\/strong> Russia\u2019s Deputy Industry and Trade Minister Georgy Kalamanov said on Tuesday, <a href=\"http:\/\/tass.com\/economy\/955788\">according to TASS<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Investment Act\u2019s exec regs on track for August delivery: The Sherif Ismail cabinet is on track with plans to issue the executive regulations to the Investment Act in August, Ismail said on Tuesday, according to Ahram Gate. The cabinet will be sending the regulations over to the Egyptian Council of State once it concludes its [&hellip;]<\/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":[9277],"tags":[72,3157],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-645116","post","type-post","status-publish","format-standard","hentry","category-on-the-horizon","tag-enterpriseam","tag-on-the-horizon","wpautop","entry"],"acf":{"mongo_id":"4dfa60ce-cce4-4a29-8805-b20da1d7831a","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[645111],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>On the horizon - 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\/2017\/07\/12\/on-the-horizon-188\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"On the horizon\" \/>\n<meta property=\"og:description\" content=\"Investment Act\u2019s exec regs on track for August delivery: The Sherif Ismail cabinet is on track with plans to issue the executive regulations to the Investment Act in August, Ismail said on Tuesday, according to Ahram Gate. 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Egypt and Romania are expected to sign MoUs on investment, SMEs, agriculture, water resources and irrigation, oil and gas, and tourismin Bucharest on 26-28 July.","rel":"","context":"In &quot;ON THE HORIZON&quot;","block_context":{"text":"ON THE HORIZON","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-the-horizon\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":642698,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/21\/on-the-horizon-173\/","url_meta":{"origin":645116,"position":1},"title":"On the horizon","author":"enterpriseam admin","date":"21 August 2017","format":false,"excerpt":"Prime Minister Sherif Ismail met with the ministers of health and finance yesterday to review the latest draft of the Universal Healthcare Act, according to Al Mal. Cabinet is expected to begin discussing the act at the end of August, with plans to take it to the House of Representatives\u2026","rel":"","context":"In &quot;ON THE HORIZON&quot;","block_context":{"text":"ON THE HORIZON","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-the-horizon\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":648166,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/30\/on-the-horizon-227\/","url_meta":{"origin":645116,"position":2},"title":"On the horizon","author":"enterpriseam admin","date":"30 May 2017","format":false,"excerpt":"Investment Act exec regs to be approved by Ismail cabinet as early as mid-June? The Investment Ministry is reportedly expecting to deliver the final draft of the executive regulations for the new Investment Act to cabinet for approval by mid-June, now that it\u2019s finished with them and getting input from\u2026","rel":"","context":"In &quot;ON THE HORIZON&quot;","block_context":{"text":"ON THE HORIZON","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-the-horizon\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":642886,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/24\/on-the-horizon-175\/","url_meta":{"origin":645116,"position":3},"title":"On the horizon","author":"enterpriseam admin","date":"24 August 2017","format":false,"excerpt":"We\u2019re officially looking at a five-day weekend next week: The Ismail cabinet announced that the Eid Al Adha holiday will be from Thursday till Monday, according to Ahram Gate, meaning we are back to work on Tuesday, 5 September.The Council of State (Maglis Al Dawla) is set to begin reviewing\u2026","rel":"","context":"In &quot;ON THE HORIZON&quot;","block_context":{"text":"ON THE HORIZON","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-the-horizon\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":642295,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/10\/on-the-horizon-167\/","url_meta":{"origin":645116,"position":4},"title":"On the horizon","author":"enterpriseam admin","date":"10 August 2017","format":false,"excerpt":"We were looking forward to hearing overnight that the Ismail cabinet had signed off on the executive regulations of the Investment Act yesterday. That didn\u2019t come to pass \u2014 cabinet postponed the meeting on the regs until next week, Investment Minister Sahar Nasr said, according to AMAY. The expectation is\u2026","rel":"","context":"In &quot;ON THE HORIZON&quot;","block_context":{"text":"ON THE HORIZON","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-the-horizon\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":648062,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/28\/on-the-horizon-225\/","url_meta":{"origin":645116,"position":5},"title":"On the horizon","author":"enterpriseam admin","date":"28 May 2017","format":false,"excerpt":"The executive regulations to the Investment Act will be released in a couple of weeks\u2019 time, Federation of Egyptian Industries\u2019 Investment Committee chair Mahmoud Soliman tells Youm7. Government officials, however, didn\u2019t give a clear timeline for the regulations. 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