{"id":658290,"date":"2025-01-09T00:00:00","date_gmt":"2025-01-09T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/01\/09\/cabinet-approves-new-rules-for-nile-facilities-maritime-cooperation-with-oman-extended-land-lease-for-frances-alstom\/"},"modified":"2025-01-09T00:00:00","modified_gmt":"2025-01-09T00:00:00","slug":"cabinet-approves-new-rules-for-nile-facilities-maritime-cooperation-with-oman-extended-land-lease-for-frances-alstom","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/01\/09\/cabinet-approves-new-rules-for-nile-facilities-maritime-cooperation-with-oman-extended-land-lease-for-frances-alstom\/","title":{"rendered":"Cabinet approves new rules for Nile facilities + maritime cooperation with Oman + extended land lease for France\u2019s Alstom"},"content":{"rendered":"

The cabinet greenlit several decisions during its weekly meeting yesterday, <\/strong>including on waterfront development, maritime cooperation, and railway manufacturing, according to a cabinet statement<\/a>.<\/p>\n

#1- New rules for Nile waterfront facilities:<\/strong> The ministers approved amendments to the executive regulations of the Water Resources and Irrigation Law that increase the occupancy rates of riverbank land licensed to tourist facilities, clubs, and other recreational establishments to 40%, with an additional allotted 10% if the facility includes marina activities.<\/p>\n

#2- Maritime cooperation with Oman gets the nod:<\/strong> The Madbouly cabinet also approved a presidential decree on a maritime transport and port cooperation agreement with Oman. The agreement \u2014 signed during President Abdel Fattah El Sisi's visit to Oman in 2022 \u2014 aims to develop economic and trade relations between the two countries through organizing maritime activities, removing obstacles to maritime transport development, and exchanging expertise in port management and vessel maintenance.<\/p>\n

#3- Alstom gets longer lease for railway complex:<\/strong> The cabinet approved extending French rolling stock manufacturer Alstom's land lease period to 30 years from 15 years for its planned railway manufacturing complex in Borg El Arab in Alexandria. The extension comes as the company plans significant investments in the complex, including two factories on 40 acres alongside an additional 50 feddans for future expansion. The first phase of the project\u2019s development will see a components factory built on 13 acres, while the second phase will add a vehicle factory on 27 acres.<\/p>\n

Remember:<\/strong> Alstom in 2023 pledged some EUR 300 mn to establish two factories in Borg El<\/a><\/a>Arab<\/a> to produce electrical systems and metro and monorail rolling stock.<\/p>\n","protected":false},"excerpt":{"rendered":"

Amendments to the Water Resources and Irrigation Law will open up more of the Nile riverbank to development<\/p>\n","protected":false},"author":1,"featured_media":658291,"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":[1249,282,72,180,145,1350,7265,207],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-658290","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cabinet-watch","tag-alstom","tag-cabinet-watch","tag-enterpriseam","tag-legislation","tag-logistics","tag-madbouly-cabinet","tag-oman","tag-transport","wpautop","entry"],"acf":{"mongo_id":"beab91ea-f32f-4765-9049-eede0f3b26d1","order":"9","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/1\/405.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Cabinet approves new rules for Nile facilities + maritime cooperation with Oman + extended land lease for France\u2019s Alstom","related_issue":[658275],"teaser":"Amendments to the Water Resources and Irrigation Law will open up more of the Nile riverbank to development","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/1\/.faf253fa-1d06-4972-8feb-84dbe64fea06.mp3"},"yoast_head":"\nCabinet approves new rules for Nile facilities + maritime cooperation with Oman + extended land lease for France\u2019s Alstom - 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\/09\/cabinet-approves-new-rules-for-nile-facilities-maritime-cooperation-with-oman-extended-land-lease-for-frances-alstom\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta 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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 "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":577691,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/01\/cabinet-approves-exec-regs-on-the-water-resources-act\/","url_meta":{"origin":658290,"position":4},"title":"Cabinet approves exec regs on the Water Resources Act","author":"enterpriseam admin","date":"1 December 2022","format":false,"excerpt":"The Madbouly cabinet approved the executive regulations for the WaterResources Act in its weekly meeting yesterday, it said in a statement. The regulations lay out the details of the Water Resources Act, which was signed into law in October 2021 after years of back and forth between legislators. The executive\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\/2022\/12\/8.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":601959,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/14\/cabinet-approves-development-loans-grant-worth-combined-eur-278-9-mn\/","url_meta":{"origin":658290,"position":5},"title":"Cabinet approves development loans, grant worth combined EUR 278.9 mn","author":"enterpriseam admin","date":"14 March 2019","format":false,"excerpt":"CABINET WATCH- Cabinet approves development loans, grant worth combined EUR 278.9 mn: The Madbouly Cabinet approved yesterday a second, EUR 225 mn (c. USD 250 mn) tranche of a USD 450 mn facility from Germany\u2019s KfW development bank to close the state budget\u2019s financing gap, according to a cabinet statement.\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\/658290","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=658290"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/658290\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/658275"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/658291"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=658290"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=658290"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=658290"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=658290"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=658290"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}