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المصري اليوم
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President Sisi signs 8 new laws

President Sisi signs 8 new laws

President Abdel Fattah El Sisi has approved laws allocating budgets for the financial year 2026/2027 for several government entities and agencies, including the National Railway Authority of Egypt, the Cairo Public Transport Authority, and the Electric Utility Regulation Authority. The budget for the National Railway Authority is estimated at 107.27 billion EGP, with projected revenues of 21 billion EGP and potential losses of 7.96 billion EGP. The budget for Cairo’s Public Transport Authority is approximately 7.15 billion EGP, with expected revenues of 4.20 billion EGP and losses amounting to 482 million EGP. Meanwhile, the Electric Utility Regulation Authority’s budget is estimated at 766 million EGP, with an expected profit of around 283 million EGP. These adjustments aim to support plans for improving services and infrastructure for these institutions, with specific budget, profit, and loss projections based on the approved legal legislations.

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