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Tuesday, 2 November 2021

House okays lowering e-bike driving age

Teenagers aged 16 years-old will soon be able to get a license to drive e-bikes after lawmakers yesterday approved amendments to the Traffic Regulations Law. Currently, the legal age for driving an electric bike is 18. The bill will now be shipped to the president for ratification.

The Finance Ministry wants the House to return the Public-Private Partnership (PPP) Act so it can redraft a problematic article rejected by lawmakers last month, according to Al Borsa. The House last month approved most of the provisions in the bill but said that Article 17 was inconsistent with legislation governing the Sovereign Fund of Egypt, whose investment mandate focuses on partnerships with the private sector.

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