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Tuesday, 22 August 2017

On the horizon

A proposed Industrial Development Act is on the House’s legislative agenda for the fall. The House Industry Committee will begin hearings on the bill as soon as it returns from recess, Al Borsa says. The bill is expected to give the Industrial Development Authority autonomy and more power to allocate state land to industry, according to committee chair Ahmed Samir.

China expects to sign six agreements with Egypt as a sign of support going into the 2017 China-Arab States Expo, according to Al Masry Al Youm citing a Chinese paper. Egypt is the guest of honour at the expo this year running through 06-09 September. Details on the agreements are scarce, but they will apparently be in sectors including desertification, railroads, ports and textiles.

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