Back to the complete issue
Sunday, 10 July 2016

Cabinet meeting roundup for 4 July

Prime Minister Sherif Ismail’s cabinet had their weekly meeting on Monday before the Eid break. Among the decisions taken during the meeting:

  • Reallocating 107.5 feddans of state-owned lands to fisheries.
  • Allowing the unit managing the Nile International Schools set marketing plans, curricula, and standards for the proposed school system as well as negotiate the technical requirements with international examination boards.
  • Dispensing EGP 40 mn to import machinery and equipment for the Robeky leather city.
  • Agreeing to merge the 2016 emergency electricity production plan projects in one company and splitting Siemens’ projects into three separate companies.
  • Approving changes to the Egyptian National Railways’ mandate, including service pricing.
  • Approving an agreement to eliminate double taxation between Egypt and Bahrain.

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.