Back to the complete issue
Sunday, 3 July 2016

Cabinet approves Council for Tourism reshuffle, extends law allowing military to assist in securing vital facilities

Prime Minister Sherif Ismail led the cabinet meeting last week, whose key decisions included:

  • Approval for a reshuffle of the Council for Tourism’s board under a new tourism sector strategy.
  • Approval to reevaluate an EGP 130 mn road project connecting New Cairo to the administrative capital originally tasked to the General Nile Company for Roads and Bridges. The General Nile Company’s contract will be reduced to EGP 40 mn, and the remaining EGP 90 mn will be allotted to Arab Contractors;
  • Tasking companies listed under the Egyptian Federation for Construction and Building Contractors with low-income housing projects by direct order;
  • Extending Law 136 of 2014 allowing the Armed Forces to assist the police in securing public and vital facilities for two years. The facilities will be considered Armed Forces facilities while the law is in effect, and violators will be punishable in military courts.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of HSBC Egypt (tax ID: 204-901-715), the leading corporate and retail lender in Egypt; EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Mashreq (tax ID: 204-898-862), the MENA region’s leading homegrown personal and digital bank; Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt; Hassan Allam Properties (tax ID:  553-096-567), one of Egypt’s most prominent and leading builders; and Saleh, Barsoum & Abdel Aziz (tax ID: 220-002-827), the leading audit, tax and accounting firm in Egypt.