1 Day
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المصري اليوم
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President Sisi's decision takes effect
President Abdel Fattah El Sisi has approved a law to reorganize the Future Egypt for Sustainable Development Authority, which has come into force starting today, Tuesday. The law includes designating sustainable development zones on lands whose ownership or custody was transferred to the Authority before its implementation, while allowing existing protocols and cooperation agreements to remain valid until their expiration. It also provides for the transfer of ownership of necessary vehicles to the Authority. Additionally, the law permits the renewal of secondment or secondment of current employees to the Authority for a period of four years, offers temporary permits for unlicensed industrial facility buildings, and grants the Authority a four-year period to pay social insurance contributions in installments, with the government covering overdue taxes and fees. Furthermore, it regulates the Authority's legal and administrative framework within one year of its enforcement.
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