{"id":658094,"date":"2025-01-05T00:00:00","date_gmt":"2025-01-05T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/01\/05\/cabinet-approves-amendments-to-public-shops-law-methane-reduction-roadmap-two-japanese-grants-and-free-trade-agreement\/"},"modified":"2025-01-05T00:00:00","modified_gmt":"2025-01-05T00:00:00","slug":"cabinet-approves-amendments-to-public-shops-law-methane-reduction-roadmap-two-japanese-grants-and-free-trade-agreement","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/01\/05\/cabinet-approves-amendments-to-public-shops-law-methane-reduction-roadmap-two-japanese-grants-and-free-trade-agreement\/","title":{"rendered":"Cabinet approves amendments to Public Shops Law, methane reduction roadmap, two Japanese grants, and free-trade agreement"},"content":{"rendered":"

The Madbouly cabinet kicked off 2025 with a raft of decisions<\/strong> and measures during its weekly meeting on Wednesday, including agreements on methane emissions and trade, and amendments to business licensing regulations, according to a cabinet statement<\/a>.<\/p>\n

#1- Business licensing deadline extended:<\/strong> The ministers passed amendments to the executive regulations of the Public Shops Law, extending the deadline for businesses to comply with licensing requirements to December 2026 from last December. The amendments also allow judicial officers to inspect businesses without prior notice and require them to give violators up to 60 days to address infractions before referring cases to authorities.<\/p>\n

#2- Egypt is working on a methane reduction roadmap:<\/strong> Cabinet approved a presidential decree on an agreement between the state-owned Egyptian General Petroleum Company and the United States Trade and Development Agency to prepare a \"roadmap to reduce methane emissions in Egypt.\" The study will determine current methane emissions in the oil sector and set reduction targets with implementation timelines. <\/p>\n

#3- Two Japanese grants for agritech incoming private players:<\/strong> The cabinet also approved a JPY 35 bn \u2014 currently equivalent to USD 222.7 mn \u2014 financing agreement with Japan to support private sector development and economic diversification. Ministers also greenlit a JPY 500 mn grant agreement \u2014 worth roughly USD 3.2 mn \u2014 with the Asian nation to support economic and social development through digital agricultural transformation.<\/p>\n

#4- Free trade agreement with Serbia gets approval:<\/strong> The Madbouly cabinet greenlit a presidential decree on the Egypt-Serbia free trade agreement that was announced during President El Sisi's visit to Serbia in July 2022 and signed during the Serbian president's visit to Egypt last June.<\/p>\n","protected":false},"excerpt":{"rendered":"

Shop owners now have until December 2026 to comply with licensing requirements instead of last December.<\/p>\n","protected":false},"author":1,"featured_media":658095,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[7306],"tags":[282,72,180,1350],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-658094","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cabinet-watch","tag-cabinet-watch","tag-enterpriseam","tag-legislation","tag-madbouly-cabinet","wpautop","entry"],"acf":{"mongo_id":"d8db508f-767b-4530-9b63-9ff87a6fbd3c","order":"7","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/1\/30.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Cabinet approves amendments to Public Shops Law, methane reduction roadmap, two Japanese grants, and free-trade agreement","related_issue":[658082],"teaser":"Shop owners now have until December 2026 to comply with licensing requirements instead of last December.","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/1\/.3fb42103-6c88-44f2-86af-8314f49c0898.mp3"},"yoast_head":"\nCabinet approves amendments to Public Shops Law, methane reduction roadmap, two Japanese grants, and free-trade agreement - 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\/2025\/01\/05\/cabinet-approves-amendments-to-public-shops-law-methane-reduction-roadmap-two-japanese-grants-and-free-trade-agreement\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta 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The Public Procurement Act, which had been with Maglis El Dawla (Council of State) as of last month, grants Egyptian products preferential treatment in government\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":656193,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/01\/cabinet-approves-public-transport-protection-law-food-factory-golden-license-and-desert-land-development-chamber\/","url_meta":{"origin":658094,"position":4},"title":"Cabinet approves public transport protection law, food factory golden license, and desert land development chamber","author":"enterpriseam admin","date":"1 December 2024","format":false,"excerpt":"The cabinet approved key legislative amendments and economic initiatives during its weekly meeting on Thursday, including reforms in public transport infrastructure, industrial licensing, and agricultural land development.#1- Public transport infrastructure protection law approved: The cabinet approved amendments to the law covering the National Authority for Tunnels, classifying metro lines, electric\u2026","rel":"","context":"In "Cabinet watch"","block_context":{"text":"Cabinet watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/regulation\/cabinet-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/12\/11.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":595928,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/14\/madbouly-cabinet-approves-amendments-to-mcdr-act\/","url_meta":{"origin":658094,"position":5},"title":"Madbouly Cabinet approves amendments to MCDR Act","author":"enterpriseam admin","date":"14 August 2019","format":false,"excerpt":"CABINET WATCH- Madbouly Cabinet approves amendments to MCDR Act: The Madbouly Cabinet approved on Thursday amendments to the Misr for Central Clearing, Depository & Registry (MCDR) Act, according to a cabinet statement. The statement gave no details on the amendments. If we were to put our speculative caps on we\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/658094","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=658094"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/658094\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/658082"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/658095"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=658094"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=658094"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=658094"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=658094"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=658094"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}