{"id":646532,"date":"2017-06-18T04:09:45","date_gmt":"2017-06-18T04:09:45","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/18\/on-the-horizon-206\/"},"modified":"2017-06-18T04:09:45","modified_gmt":"2017-06-18T04:09:45","slug":"on-the-horizon-206","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/18\/on-the-horizon-206\/","title":{"rendered":"On the horizon"},"content":{"rendered":"

LEGISLATION WATCH- The executive regulations of the Investment Act will be with <\/strong>Prime Minister Sherif Ismail for review within 10 days<\/strong>, Investment Minister Sahar Nasr told Reuters over the weekend<\/a>.<\/p>\n

The Universal Healthcare Act could be going to the House of Representatives right after <\/strong>Eid Al Fitr<\/strong>, which is when the actuarial study backing the law is set to be completed, Health Minister Ahmed Rady said on Saturday, according to Al Shorouk<\/a>.<\/p>\n

The Ismail cabinet is currently reviewing an amended Leasing and Factoring Act<\/strong> drafted by the Egyptian Financial Supervisory Authority in April<\/a>, according to Nasr<\/a>.<\/p>\n

More long-term, the central bank expects to finalize a draft of the new Banking Act in two <\/strong>months\u2019 time,<\/strong> sources with knowledge of the matter tell Al Borsa<\/a>. Priorities include the regulation of non-banking financial institutions, protecting the interests of retail clients, and reducing red tape in the sector. Consultations with the domestic banking industry and international organizations including the IMF are underway, the story says.<\/p>\n

The Tax Authority has extended the deadline to pay real estate taxes until the end of <\/strong>June. <\/strong>The extension from the initial deadline of 15 June shields taxpayers from additional charges or interest for late payment, Al Shorouk<\/a> reports. The authority will be staying open until 6pm through the end of filing season.<\/p>\n

New electricity prices announced end of June: <\/strong>The Electricity Ministry plans to announce planned price hikes by the end of this month, unnamed senior government officials tell Al Borsa<\/a>. The electricity ministry is resisting pressure from MPs to delay the price hikes.<\/p>\n","protected":false},"excerpt":{"rendered":"

LEGISLATION WATCH- The executive regulations of the Investment Act will be with Prime Minister Sherif Ismail for review within 10 days, Investment Minister Sahar Nasr told Reuters over the weekend. The Universal Healthcare Act could be going to the House of Representatives right after Eid Al Fitr, which is when the actuarial study backing 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":[9277],"tags":[72,3157],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-646532","post","type-post","status-publish","format-standard","hentry","category-on-the-horizon","tag-enterpriseam","tag-on-the-horizon","wpautop","entry"],"acf":{"mongo_id":"c8e9649d-35e7-45b1-bdda-cecdf83a6eb1","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[646528],"teaser":"","voice_url":""},"yoast_head":"\nOn 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\/06\/18\/on-the-horizon-206\/\" \/>\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=\"LEGISLATION WATCH- The executive regulations of the Investment Act will be with Prime Minister Sherif Ismail for review within 10 days, Investment Minister Sahar Nasr told Reuters over the weekend. 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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 "ON THE HORIZON"","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":646532,"position":1},"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 "ON THE HORIZON"","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":645330,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/18\/on-the-horizon-192\/","url_meta":{"origin":646532,"position":2},"title":"On the horizon","author":"enterpriseam admin","date":"18 July 2017","format":false,"excerpt":"The Ismail cabinet is on track to issue the executive regulations to the Investment Act in August, the Prime Minister said last week. 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 "ON THE HORIZON"","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":649654,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/06\/on-the-horizon-240\/","url_meta":{"origin":646532,"position":3},"title":"On the horizon","author":"enterpriseam admin","date":"6 March 2017","format":false,"excerpt":"The government will discuss the budget for FY2017-18 in two weeks\u2019 time, Prime Minister Sherif Ismail said, according to Al Mal. Ismail says the draft budget should be ready by the end of the week and will be reviewed by the cabinet in the following meeting.Al Borsa has apparently received\u2026","rel":"","context":"In "ON THE HORIZON"","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":645116,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/12\/on-the-horizon-188\/","url_meta":{"origin":646532,"position":4},"title":"On the horizon","author":"enterpriseam admin","date":"12 July 2017","format":false,"excerpt":"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\u2026","rel":"","context":"In "ON THE HORIZON"","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":639020,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/19\/on-the-horizon-144\/","url_meta":{"origin":646532,"position":5},"title":"On the horizon","author":"enterpriseam admin","date":"19 October 2017","format":false,"excerpt":"The executive regulations to the Investment Act will be issued next week, Prime Minister Sherif Ismail told the press yesterday, Al Masry Al Youm reports. Cabinet received the regulations from the Investment Ministry yesterday and will discuss the package next week, the PM said. 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