{"id":645812,"date":"2017-07-31T03:53:57","date_gmt":"2017-07-31T03:53:57","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/31\/house-economics-committee-set-on-making-changes-to-the-investment-acts-executive-regulations\/"},"modified":"2017-07-31T03:53:57","modified_gmt":"2017-07-31T03:53:57","slug":"house-economics-committee-set-on-making-changes-to-the-investment-acts-executive-regulations","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/31\/house-economics-committee-set-on-making-changes-to-the-investment-acts-executive-regulations\/","title":{"rendered":"House Economics Committee set on making changes to the Investment Act\u2019s executive regulations?"},"content":{"rendered":"

<\/a> The House Economics Committee seems set on making changes to executive <\/strong>regulations of the Investment Act<\/strong>, which it began reviewing yesterday, despite its input not being required at all. MPs want to raise the minimum local manufacturing component requirements to 60% from 50% and minimum export requirement to 40% from 20% for businesses to be eligible for incentives offered under the act, Ahram Gate reports<\/a>. Also under fire is the ceiling for foreign labor in a company\u2019s hiring, which the executive regulations cap at 20%, Al Mal reports<\/a>. The list of gripes goes on<\/a>, leaving us hoping cabinet is simply letting our fearless elected representatives to have their say before moving on with the draft as it stands.<\/p>\n","protected":false},"excerpt":{"rendered":"

The House Economics Committee seems set on making changes to executive regulations of the Investment Act, which it began reviewing yesterday, despite its input not being required at all. MPs want to raise the minimum local manufacturing component requirements to 60% from 50% and minimum export requirement to 40% from 20% for businesses to be […]<\/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-645812","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"d928a2ae-ba03-4c61-9128-69a6ab7f8674","order":"0","is_powered_by":true,"section_story_id":"e4dfb005-f3c5-43c2-bc87-92d4e52e83df","story_type":"1","photo_url":"","photo_position":"above","related_issue":[645802],"teaser":"","voice_url":""},"yoast_head":"\nHouse Economics Committee set on making changes to the Investment Act\u2019s executive regulations? - 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\/31\/house-economics-committee-set-on-making-changes-to-the-investment-acts-executive-regulations\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"House Economics Committee set on making changes to the Investment Act\u2019s executive regulations?\" \/>\n<meta property=\"og:description\" content=\"The House Economics Committee seems set on making changes to executive regulations of the Investment Act, which it began reviewing yesterday, despite its input not being required at all. MPs want to raise the minimum local manufacturing component requirements to 60% from 50% and minimum export requirement to 40% from 20% for businesses to be […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/31\/house-economics-committee-set-on-making-changes-to-the-investment-acts-executive-regulations\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-07-31T03:53:57+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\/2017\/07\/31\/house-economics-committee-set-on-making-changes-to-the-investment-acts-executive-regulations\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/31\/house-economics-committee-set-on-making-changes-to-the-investment-acts-executive-regulations\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"House Economics Committee set on making changes to the Investment Act\u2019s executive regulations?\",\"datePublished\":\"2017-07-31T03:53:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/31\/house-economics-committee-set-on-making-changes-to-the-investment-acts-executive-regulations\/\"},\"wordCount\":128,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/31\/house-economics-committee-set-on-making-changes-to-the-investment-acts-executive-regulations\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/31\/house-economics-committee-set-on-making-changes-to-the-investment-acts-executive-regulations\/\",\"name\":\"House Economics Committee set on making changes to the Investment Act\u2019s executive regulations? 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President Abdel Fattah El Sisi still has to sign off on the law and\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":567251,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/16\/madbouly-issues-executive-regulations-for-amended-mineral-resources-act\/","url_meta":{"origin":645812,"position":1},"title":"Madbouly issues executive regulations for amended Mineral Resources Act","author":"enterpriseam admin","date":"16 January 2020","format":false,"excerpt":"LEGISLATION WATCH- Mineral Resources exec regs issued: Prime Minister Moustafa Madbouly has issued the executive regulations for the amended Mineral Resources Act, cabinet said in a statement. The regs confirm that the changes cap royalty payments at 20% of the value of annual production, and introduce a minimum of 5%.\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\/2020\/1\/620.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":645579,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/25\/on-the-horizon-195\/","url_meta":{"origin":645812,"position":2},"title":"On the horizon","author":"enterpriseam admin","date":"25 July 2017","format":false,"excerpt":"The House Economics Committee will discuss the executive regulations of the new Investment Act this coming Sunday, the committee\u2019s deputy chair Amr El Goharytells Al Borsa. The committee got a special dispensation to hold the meeting from House Speaker Ali Abdel Aal, he added. 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The legislation\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":639476,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/30\/read-a-leaked-copy-of-looks-to-be-the-executive-regulations-of-the-investment-act\/","url_meta":{"origin":645812,"position":4},"title":"Read a leaked copy of looks to be the executive regulations of the Investment Act","author":"enterpriseam admin","date":"30 October 2017","format":false,"excerpt":"A copy of what appear to be the executive regulations to the Investment Act has leaked. The regs \u2014 on which the Ismail Cabinet signed off last week \u2014 list industries and projects eligible for incentives including tax and customs breaks under the government\u2019s investment-promotion framework. Among the highlights include:\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":634702,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/22\/fra-drafting-insurance-act-80-done-with-capital-market-act-regs\/","url_meta":{"origin":645812,"position":5},"title":"FRA drafting Insurance Act, 80% done with Capital Market Act regs","author":"enterpriseam admin","date":"22 January 2018","format":false,"excerpt":"LEGISLATION WATCH- The Financial Regulatory Authority (FRA) is drafting an all-encompassing Insurance Act. 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