Latest in Tag: parliament Highlight
Latest in Tag: parliament
Parliament committee recommends removing MP Khaled Bishr over EGP 45m dishonoured cheques to UBE
Parliamentâs legislative and constitutional affairs committee, headed by Bahaa Abu Shoqa, concluded that the judicial verdicts against Khaled Bishr, a parliament member from Sharqeyah, have led him to lose trust in the MP for issuing dishonoured cheques worth EGP 45m for the United Bank of Egypt (UBE), which he said is an issue that affects …
Global economic risks negatively affect draft budget for next year: parliament’s planning committee
US raising short-term interest rate tightens conditions of Egyptâs external financing
Parliament approves final account for FY 2016/2017 budget
Egypt’s budget deficit fell to 10.9%, says finance minister
Parliament to swear in Al-Sisi for second term on Saturday
President Abdel Fattah Al-Sisi will be sworn in before the Egyptian Parliament on Saturday for his second term as president. On 2 April, the National Electoral Commission (NEC) officially announced that President Abdel Fattah Al-Sisi secured a second four-year presidential term with 97% of valid votes in a sweeping victory in the March presidential election. …
Low quality of services obstacle to growth of Egyptian tourism: MP Amr Sedky
MP Amr Sedky, member of parliament’s economic committee, is optimistic that the Egyptian tourism sector will be able to recover quickly this year as tourist arrivals increased during the first quarter of this year to 2.3 million tourists, up from 1.7 million last year. Sedky, a former board member of the Egyptian Travel Agencies Association …
111 laws, 32 agreements approved by parliament in third legislative term
Current term expected to end soon, but after passing several bills
Parliament’s health committee insists on increasing allocations to EGP 82bn
Finance Ministry allocates EGP 61.7bn for healthcare sector in coming fiscal year
Economic bodies to cost state EGP 20bn in bonuses in next FY budget: economic committee member
The economic affairs committee of parliament plans to complete an aggregated report on the state’s economic bodies in the draft budget for the next fiscal year, to be submitted to the planning and budget committee. Member of parliament (MP) Mohamed Saad Badrawy said that the committee has many reservations regarding the work of economic bodies …
Parliament approves law designating IDA independent economic body
Parliament approved a law designating the Industrial Development Authority (IDA) an independent body capable of meeting the needs of the industrial sector in Egypt, increasing investment opportunities, and pushing growth indicators to growth during the coming period The law stipulates that the IDA shall be a public economic entity that is legally independent. It shall …
Parliament seeks EGP 63bn increase in education, health allocations
Allocations increase of EGP 40-45bn expected
Egyptian Parliament approves controversial clinical trials law
Bill opposed since it was first discussed in parliament in 2006
Slashing subsidies without improving public services eliminates middle class: MPs, economists
Government will reduce fuel subsidies next fiscal year to EGP 89bn from EGP 110bn this year, while electricity subsidies trimmed from EGP 30bn to EGP 16bn
Planning committee demands Finance Ministry increase education, health allocations in next FY budget: deputy head
Allocations of education, health, research sectors to reach EGP 177bn next year: EGP 115.6bn for Education, Higher Education Ministries, EGP 61.8bn for Health Ministry
Ministry of Education officials to meet with parliament to discuss new system
Since committee received incomplete plan from ministry officials, they will be summoned to provide clarification, says MP
Parliament to discuss 2018/2019 draft budget next week: MP
Planning and budget committee to hold meetings with Finance Ministry officials
Investors urge government to pay export subsidy arrears
Government increased export subsidies in next budget from EGP 2.6bn to EGP 4bn
Economic committee discusses with government offering shares of state-owned companies on EGX: committee head
Financial statement of draft budget shows governmentâs intention to list six to eight companies on EGX with total expected value of EGP 10bn
Parliament’s communications committee approves cybercrimes bill
The Egyptian Parliament’s communications and IT committee approved on Monday a 45-article cybercrime bill in preparation for its discussion in a plenary session. Head of the committee, Nidal El-Said, said that the committee approved all the articles of the law, including articles 30 and 37, which were deferred. He added that the committee is now …
Parliament discusses disclosure ride-hailing app usersâ information to authorities
Controversy over article on handing usersâ data to âunidentifiedâ state bodies
3 articles disrupt parliamentâs passage of ride-hailing apps law
Parliament’s transportation, economic affairs, national security, and communication committees all approved the bill presented by the cabinet on Thursday to regulate ride-hailing smartphone applications, which targets, mainly, companies such as Uber and Careem. Yet, three articles hindered the final approval. This came after a meeting that lasted for five hours at the Egyptian Parliamentâs headquarters …
Parliament to discuss law criminalising criticism of army, police
Draft law comes among a rising wave of nationalistic sentiments ahead of presidential election
Parliament seeks to meet ETA again in March to discuss development
Tax revenues rose to EGP 55.9bn in July-August 2017 from EGP 37.9bn in prior year
Parliament calls on government to pay EGP 7bn of export subsidies arrears
Dues are for 18 months, securing them saves factories from shutting down: Chairman of the Industry CommitteeÂ
Law amendment sentences explosives possessors to death
Post-30 June 2013 period witnessed rise in use of explosives in militant attacks
Parliamentâs tourism committee holds meetings with investors on unified tourism bill
Parliament’s tourism and aviation committee will start to hold meetings with members of the Tourism Investors Association and the Egyptian Federation of Tourism Chamber to hear their views concerning the unified tourism bill, according to Adel Rady, chairperson of the Tourism Investors Association at Marsa Alam. He told Daily News Egypt that the aim of …
Public sector minister to share vision on state-owned firms IPOs before parliament
Differences between committee members on whether governmental deregulation in or out, says MP
Parliamentâs labour committee asks 6 ministries to provide health insurance for temporary workers: MPÂ
Meetings with 6 ministries to lay out strategy to provide insurance to seasonal labourers
Post-election prime minister will be chosen based on economic awareness: MPsÂ
The total net foreign direct investment (FDI) inflows during the first quarter (Q1) of fiscal year (FY) 2017/2018 amounted to $57.1bn, compared to $87.1bn in the same quarter of FY 2016/2017 In press statements, several members of parliament revealed that the pool of candidates for the post of prime minister after the 2018 upcoming presidential …
Parliament discusses additional appropriations for general budget final account for FY 2016/2017Â
Additional appropriations allocated for oil derivatives at about EGP 61bn of total additional appropriations at EGP 105bn
Egyptian parliament criticises Amnesty report on Sinai operations
Organisation published on Wednesday a report saying that its experts found that Egyptian military is using cluster bombs