Educational reform, Consumer Protection Act, Land reclamation
It was another night of miscellany on the airwaves, with topics ranging from educational reform, to the Consumer Protection Act, and the state’s land reclamation campaign.
The executive regulations for the Consumer Protection Act will be issued in three months’ time, after President Abdel Fattah El Sisi ratifies the bill, Consumer Protection Authority boss Atef Yacoub said. Somehow, Smileyface believes that a law that gives him the power to impose price controls will attract foreign investment, he told Masaa DMC’s Osama Kamal (watch, runtime: 11:13).
Education Minister Tarek Shawky will be one of the signatories on the World Bank’s USD 500 mn loan agreement to support Egypt’s education reform strategy, which should take place on 20 April. He told Kamal that the disbursal of the loan will be tied to progress on the strategy, noting that it only covers a quarter of the total cost of USD 2 bn (watch, runtime: 12: 47).
The committee tasked with reclaiming state owned land has so far recovered EGP 4 bn-worth of assets, according to spokesperson Ahmed Ayoub, who told Al Hayah Al Youm’s Tamer Amin that the committee is currently sifting through some 61,000 requests from people looking to legalize their ownership status (watch, runtime: 2:43). The deadline for seeking legalization was extended to 14 June from 14 March to allow people more time to finalize their paperwork, Local Administration Minister Abu Bakr El Gendi said (watch, runtime: 5:01).
Boeing is set to attend Egypt’s Defense Expo in December this year, Ittihadiya spokesperson Bassam Rady also told Amin in commentary on the President’s meeting yesterday with Boeing International President Marc Allen and Orange Egypt CEO Stephane Richard (watch, runtime: 6:45).
Last but not least, Conative Labs walked away with a EGP 100k prize from CIB on last night’s Hona Al Shabab Competition with Lamees Al Hadidi, for their water quality measuring system Nilebot. Imaginators and Happiana came in second and third place, respectively (watch, runtime: 3:21).