{"id":645945,"date":"2017-06-01T03:55:06","date_gmt":"2017-06-01T03:55:06","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/01\/cabinet-signs-off-on-amended-consumer-protection-act-will-create-a-single-regulator-for-nile-transportation-and-commercial-traffic\/"},"modified":"2017-06-01T03:55:06","modified_gmt":"2017-06-01T03:55:06","slug":"cabinet-signs-off-on-amended-consumer-protection-act-will-create-a-single-regulator-for-nile-transportation-and-commercial-traffic","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/01\/cabinet-signs-off-on-amended-consumer-protection-act-will-create-a-single-regulator-for-nile-transportation-and-commercial-traffic\/","title":{"rendered":"Cabinet signs off on amended Consumer Protection Act, will create a single regulator for Nile transportation and commercial traffic"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong>The Ismail government signed off on amendments to the Consumer Protection Act <\/strong>during its weekly meeting on Wednesday, <a href=\"http:\/\/www.cabinet.gov.eg\/Arabic\/MediaCenter\/CabinetNews\/Pages\/-Council-of-Ministers-meeting-No.-76.aspx\">according to a Cabinet statement<\/a>. The amendments had stirred tension in the business community, particularly provisions that would allow the government to set price controls. Cabinet also began discussing amendments to the Companies Act announced by the<a href=\"https:\/\/enterprise.press\/stories\/2017\/05\/25\/investment-minister-issues-amendments-to-companies-law\/\">Investment and International Cooperation Ministry had issued<\/a> last week that aim to protect minority shareholder rights by forcing longer notice periods of general assemblies. Discussion is expected to continue at cabinet\u2019s next meeting. Other decisions yesterday included:<\/p>\n<ul type=\"disc\">\n<li>Approving a draft bill that would establish a<strong> single agency to govern all river transport<\/strong> and commercial traffic on the Nile;<\/li>\n<li>Approving <strong>amendments to the criminal code<\/strong> to that will impose a prison sentence of 15-20 years on individuals found guilty of kidnapping, with the penalty rising to life in prison or a death sentence if the kidnapping is linked to other crimes;<\/li>\n<li>Approving a <strong>USD 88.6 mn <\/strong><a href=\"https:\/\/www.jica.go.jp\/english\/news\/press\/2017\/170508_02.html\"><strong>loan agreement <\/strong>with the Japanese International Cooperation Agency<\/a> to fund the creation of an Egyptian-Japanese education curriculum.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The Ismail government signed off on amendments to the Consumer Protection Act during its weekly meeting on Wednesday, according to a Cabinet statement. The amendments had stirred tension in the business community, particularly provisions that would allow the government to set price controls. Cabinet also began discussing amendments to the Companies Act announced by theInvestment [&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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-645945","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"4687194d-272f-46c5-9499-f82f7a98148f","order":"0","is_powered_by":true,"section_story_id":"ae22ecad-2d45-4988-9d6d-d8a210325d8e","story_type":"1","photo_url":"","photo_position":"above","related_issue":[645935],"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>Cabinet signs off on amended Consumer Protection Act, will create a single regulator for Nile transportation and commercial traffic - 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\/06\/01\/cabinet-signs-off-on-amended-consumer-protection-act-will-create-a-single-regulator-for-nile-transportation-and-commercial-traffic\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cabinet signs off on amended Consumer Protection Act, will create a single regulator for Nile transportation and commercial traffic\" \/>\n<meta property=\"og:description\" content=\"The Ismail government signed off on amendments to the Consumer Protection Act during its weekly meeting on Wednesday, according to a Cabinet statement. The amendments had stirred tension in the business community, particularly provisions that would allow the government to set price controls. Cabinet also began discussing amendments to the Companies Act announced by theInvestment [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/01\/cabinet-signs-off-on-amended-consumer-protection-act-will-create-a-single-regulator-for-nile-transportation-and-commercial-traffic\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-06-01T03:55:06+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\/06\/01\/cabinet-signs-off-on-amended-consumer-protection-act-will-create-a-single-regulator-for-nile-transportation-and-commercial-traffic\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/01\/cabinet-signs-off-on-amended-consumer-protection-act-will-create-a-single-regulator-for-nile-transportation-and-commercial-traffic\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Cabinet signs off on amended Consumer Protection Act, will create a single regulator for Nile transportation and commercial traffic\",\"datePublished\":\"2017-06-01T03:55:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/01\/cabinet-signs-off-on-amended-consumer-protection-act-will-create-a-single-regulator-for-nile-transportation-and-commercial-traffic\/\"},\"wordCount\":195,\"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\/06\/01\/cabinet-signs-off-on-amended-consumer-protection-act-will-create-a-single-regulator-for-nile-transportation-and-commercial-traffic\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/01\/cabinet-signs-off-on-amended-consumer-protection-act-will-create-a-single-regulator-for-nile-transportation-and-commercial-traffic\/\",\"name\":\"Cabinet signs off on amended Consumer Protection Act, will create a single regulator for Nile transportation and commercial traffic - 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It appears the government is approving amendments to the act piecemeal, after having signed off on other revisions earlier this month. Certain amendments, including provisions that would\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":652836,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/19\/cabinet-approves-investment-act-amendments\/","url_meta":{"origin":645945,"position":1},"title":"Cabinet approves investment act amendments","author":"enterpriseam admin","date":"19 January 2017","format":false,"excerpt":"Cabinet strengthens the role of the Supreme Investment Council: The Ismail cabinet approved amendments to the current draft of the Investment Act in its Wednesday meeting. The amendments will require the government to run any major economic policy decisions which would affect investments past the Supreme Investment Council, according to\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":649529,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/02\/cabinet-approves-amendments-to-supply-law-and-consumer-protection-act-2013-trade-facilitation-agreement-and-others-in-weekly-meeting\/","url_meta":{"origin":645945,"position":2},"title":"Cabinet approves amendments to supply law and consumer protection act, 2013 trade facilitation agreement, and others in weekly meeting","author":"enterpriseam admin","date":"2 March 2017","format":false,"excerpt":"WEEKLY CABINET ROUNDUP: The Ismail cabinet\u2019s focus at its weekly meeting held yesterday was on a basket of agreements and legislative amendments. Among them: Amendments to the supply law that will impose prison time and fines on anyone involved in buying, selling, or smuggling subsidized food or oil with the\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":646269,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/11\/cabinet-approves-amendments-to-companies-act-and-others-during-weekly-meeting\/","url_meta":{"origin":645945,"position":3},"title":"Cabinet approves amendments to Companies Act and others during weekly meeting","author":"enterpriseam admin","date":"11 June 2017","format":false,"excerpt":"The Ismail government signed off on amendments to the Companies Act during its weekly meeting on Thursday, according to a statement. The amendments, which were first instituted by the Investment Ministry last month, would see companies required to make a first call for a general assembly at least 21 days\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":630338,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/18\/price-control-mechanism-are-here-with-the-consumer-protection-act\/","url_meta":{"origin":645945,"position":4},"title":"Price control mechanism are here with the Consumer Protection Act","author":"enterpriseam admin","date":"18 April 2018","format":false,"excerpt":"LEGISLATION WATCH- The one economic law we hoped MPs would sleep on finally passed. The House of Representatives voted in favor of amendments to the Consumer Protection Act in a plenary session on Tuesday. The law \u2014 the single, blatantly anti-free-market piece of all the Ismail government\u2019s major economic legislation\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\/2018\/4\/508.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":596969,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/14\/madbouly-cabinet-approves-traffic-act\/","url_meta":{"origin":645945,"position":5},"title":"Madbouly Cabinet approves Traffic act","author":"enterpriseam admin","date":"14 July 2019","format":false,"excerpt":"CABINET WATCH- Madbouly Cabinet approves Traffic Act: The Madbouly Cabinet signed off on amendments to the Traffic Act that would simplify ownership transfer procedures for car purchases, the cabinet said in a statement following its Wednesday meeting. The amendments reduce the number of authorizations required from the seller to complete\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\/645945","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=645945"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/645945\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/645935"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=645945"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=645945"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=645945"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=645945"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=645945"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}