Back to the complete issue
Wednesday, 24 July 2019

PM issues executive regs for National Press Authority

REGULATION WATCH- Madbouly issues executive regs for National Press Authority bill: Prime Minister Moustafa Madbouly issued on Monday the executive regulations for the law passed in 2018 that regulates the National Press Authority (NPA). The law — one of three born out of the process of dividing part two of the Press and Media Act — outlines the structure, responsibilities and legal authority of the NPA, which oversees the work of state-owned newspapers, appoints board members and editors-in-chief and sets minimum wages. Under the executive regulations:

  • The NPA will create a committee to settle disputes between the newspapers, a development and support fund, and a committee to monitor their administrative and financial performance.
  • The authority’s financial and legal committee will use reports from the Administrative Control Authority to evaluate performance.
  • Boards are required to inform the NPA of their decisions within a week of issuing them. The NPA has the authority to freeze decisions until it has decided to either approve or reject them.

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.