{"id":646544,"date":"2017-06-18T04:09:45","date_gmt":"2017-06-18T04:09:45","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/18\/cabinet-approves-minor-amendments-to-consumer-protection-act-nile-traffic-bill-and-others-during-weekly-meeting\/"},"modified":"2017-06-18T04:09:45","modified_gmt":"2017-06-18T04:09:45","slug":"cabinet-approves-minor-amendments-to-consumer-protection-act-nile-traffic-bill-and-others-during-weekly-meeting","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/18\/cabinet-approves-minor-amendments-to-consumer-protection-act-nile-traffic-bill-and-others-during-weekly-meeting\/","title":{"rendered":"Cabinet approves minor amendments to Consumer Protection Act, Nile traffic bill, and others during weekly meeting"},"content":{"rendered":"<p><strong>The Ismail government signed off on minor amendments to the Consumer Protection Act<\/strong> during its weekly meeting on Thursday, <a href=\"http:\/\/www.cabinet.gov.eg\/Arabic\/MediaCenter\/CabinetNews\/Pages\/Cabinet-Meeting-No.-78.aspx\">according to a statement<\/a>. It appears the government is approving amendments to the act piecemeal, after having signed off on other revisions <a href=\"https:\/\/enterprise.press\/stories\/2017\/06\/01\/cabinet-signs-off-on-amended-consumer-protection-act-will-create-a-single-regulator-for-nile-transportation-and-commercial-traffic\/\">earlier this month<\/a>. Certain amendments, including provisions that would allow the government to set price controls as part of a bid to curb inflation, have stirred tension in the business community. Planning Minister Hala El Said also presented her ministry\u2019s report on the country\u2019s main economic indicators in 3Q2016\/17. Key decisions taken during the meeting include:<\/p>\n<ul type=\"disc\">\n<li>Approving a <a href=\"https:\/\/enterprise.press\/stories\/2017\/05\/17\/afd-provides-eur-100-mn-for-alexandria-tram-project\/\"><strong>EUR 100 mn loan from the French Development Agency (AFD)<\/strong><\/a> for the EUR 360 mn Alexandria tram project;<\/li>\n<li>Signing off on a <a href=\"https:\/\/enterprise.press\/stories\/2017\/04\/23\/as-funding-flows-into-solar-power-projects-egyptera-considers-permanent-license-for-fit-projects\/\"><strong>USD 85 mn funding agreement<\/strong><\/a><strong> with the Arab Fund for Economic and Social Development<\/strong> for a 50 MW solar power plant project in Kom Ombo; <\/li>\n<li>Approving <strong>amendments to a draft bill on regulating river traffic and commercial transport on the Nile<\/strong> that will see a single agency replace all existing agencies within two years of the law\u2019s issuance. The ministers had <a href=\"https:\/\/enterprise.press\/stories\/2017\/06\/01\/cabinet-signs-off-on-amended-consumer-protection-act-will-create-a-single-regulator-for-nile-transportation-and-commercial-traffic\/\">previously signed off<\/a> on the draft bill earlier this month;<\/li>\n<li>Signing off on unspecified <strong>decisions taken by the Ministerial Committee on Investment Disputes<\/strong>;<\/li>\n<li>Approving amendments to the fishing and aquatic life law to impose a <strong>prison sentence of three to seven years and fines of EGP 1-10 mn<\/strong> for individuals who damage lake ecosystems.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The Ismail government signed off on minor amendments to the Consumer Protection Act during its weekly meeting on Thursday, according to a statement. 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 allow the government to set [&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-646544","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"0fc8b1a3-6a6a-4ae4-b5a4-4f0d5a999f34","order":"0","is_powered_by":true,"section_story_id":"0c721709-cfe2-405d-89d7-e73ddeecd532","story_type":"1","photo_url":"","photo_position":"above","related_issue":[646528],"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 approves minor amendments to Consumer Protection Act, Nile traffic bill, and others during weekly meeting - 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\/cabinet-approves-minor-amendments-to-consumer-protection-act-nile-traffic-bill-and-others-during-weekly-meeting\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cabinet approves minor amendments to Consumer Protection Act, Nile traffic bill, and others during weekly meeting\" \/>\n<meta property=\"og:description\" content=\"The Ismail government signed off on minor amendments to the Consumer Protection Act during its weekly meeting on Thursday, according to a statement. It appears the government is approving amendments to the act piecemeal, after having signed off on other revisions earlier this month. 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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\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":646544,"position":1},"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":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":646544,"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":652836,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/19\/cabinet-approves-investment-act-amendments\/","url_meta":{"origin":646544,"position":3},"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":642891,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/24\/cabinet-approves-leasing-and-factoring-act-nile-traffic-bill-and-others-during-weekly-meeting\/","url_meta":{"origin":646544,"position":4},"title":"Cabinet approves Leasing and Factoring Act, Nile traffic bill, and others during weekly meeting","author":"enterpriseam admin","date":"24 August 2017","format":false,"excerpt":"The Ismail government signed off yesterday on the amended Leasing and Factoring Act that the Egyptian Financial Supervisory Authority had drafted in April, according to a Cabinet statement. The bill, which will now be passed to the Council of State (Maglis Al Dawla) for review, adds clauses to regulate SME\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":637463,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/16\/legislation-watch-cabinet-approves-amendments-to-unified-building-code-final-draft-of-social-welfare-act-at-its-weekly-meeting\/","url_meta":{"origin":646544,"position":5},"title":"LEGISLATION WATCH- Cabinet approves amendments to Unified Building Code, final draft of Social Welfare Act at its weekly meeting","author":"enterpriseam admin","date":"16 November 2017","format":false,"excerpt":"LEGISLATION WATCH- The Ismail Cabinet approved amendments to the Unified Building Code during its weekly meeting yesterday and referred the bill to the Council of State (Maglis Al Dawla) for review, according to an official statement. The amendments focus on facilitating the process of issuing licenses, tightening safety codes, and\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\/646544","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=646544"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/646544\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/646528"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=646544"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=646544"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=646544"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=646544"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=646544"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}