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Thursday, 3 May 2018

Ismail Cabinet approves establishing new transport regulator

LEGISLATION WATCH- The Ismail Cabinet approved a law establishing a new transportation regulator to monitor land and air transportation, Cabinet said in a statement on Wednesday. The new authority will be charged with managing transportation and road networks in Egypt, in addition to running public transportation. The authority will also be charged with monitoring and supervising safety for road and air transportation.

The law would also sets new procedures for how licenses are issued and by which government department, though details on this remain scant. The new law also sets new punishments for violators of rad safety regulations, but the statement does not delve into these either.

The Ismail Cabinet also approved a law that would set guidelines for foreign universities opening up shop in Egypt. The law also contains articles that govern Egyptian universities. The cabinet statement does not little to inform us on either aspect of the law. Other decisions taken by the cabinet in its weekly meeting include:

  • Approving a EUR 4 mn cooperation agreement between the environment ministries of Egypt and Italy.
  • Granting Misr Phosphate the rights to explore and develop the 220 km Abou Tartour phosphate concession in Wadi El Gedid.

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