Big tech gets a say on the Data Protection Act?
Major tech companies have handed the ICT Ministry a list of proposals for the executive regulations of the recently-ratified Data Protection Act. The list includes a handful of suggestions on how the regs should flesh out the key stipulations of the law, to make it clearer for everyone involved in the data economy, according to a copy obtained by Al Mal. The law, which was ratified last summer, is Egypt’s version of the EU’s General Data Protection Regulation (GDPR). It protects personal data — your name, address, or photo, to name a few examples — from unauthorized use and manipulation. When the bill passed the House last year, a committee report said it used the GDPR as its “primary benchmark.”
Over 15 major data vendors operating in Egypt — including Google, Microsoft, Amazon, Vodafone, Facebook, Twitter, MasterCard, Uber and Careem — reportedly took part in drafting the suggestions.
What are the tech companies’ proposals for the regs? Things they would like to see in the include:
- Setting a clear process for data owners to lodge complaints of misuse of their data;
- Giving organizations more flexibility to classify data by nature and importance when outlining in their privacy policies;
- Having a single licensing mechanism for consumer data-driven companies;
- Giving those organizations a wider timeframe to respond to privacy complaints;
- Requiring companies to have a dedicated data protection officer.
WANT TO KNOW MORE ABOUT THE DATA PROTECTION ACT, courtesy of our friends at law firm Sharkawy and Sarhan? Click/tap here for the breakdown.
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New incentives for EVs, natgas-fueled cars: Importers of used electric and dual-fuel cars are getting a custom duties break of at least 10% on the FOB price of their cars, the Finance Ministry said in a statement this afternoon. The discounts will scale up based on how old the vehicle is, with 1-3 year old models given a base 10-30% haircut depending on the age. 3-7 year models will be eligible for a total discount of 35-50%, with a 5% discount on the FOB price for each year past the three-year mark, the ministry said. Not to get too technical, the FOB price is what the importer pays for the marine freight and insurance of the imported car.
Background: The move comes as part of incentives the government is laying out for domestic EVs assembly and a multi-year plan to replace diesel- and gasoline-powered vehicles with cars that use natural gas or a mix of both.
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