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Sunday, 16 October 2016

Cabinet meeting roundup

Prime Minister Sherif Ismail chaired a meeting of his cabinet yesterday. Among other decisions, Cabinet:

  • Approved laws allowing for investors to build, operate, and maintain projects for the National Authority for Tunnels, in addition to specialized and public ports, or piers at existing ports, under 15-year right-to-use contracts, after which ownership of all facilities returns to the state;
  • Approved establishing a committee to implement environmental standards at coal mills;
  • Reallocated 528 feddans to the Alexandria Governorate for development projects;
  • Approved amending an existing MoU to accept EUR 125 mn in new funding from Spain;
  • Approved a USD 40 mn loan from the OPEC Fund for International Development for the SDF’s SME strategy;
  • Approved the creation of the “Aswan quarries project,” which includes the issuance of licenses for 175 quarries;
  • Reallocated 800 feddans in Giza to NUCA for its greenhouses project;
  • Expanded the role of the Deputy Health Minister to include being in charge of motherhood and childcare policy.

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