Sheref Farouk lifts bakery transfer ban
The Minister of Supply and Internal Trade, Sherif Faroq, issued a decision to amend certain provisions of Resolution No. 238 of 2018, aimed at developing the system of municipal bakeries and subsidy outlets. The decision includes lifting the previous restriction on transfer rights to beneficiaries such as the owner, his spouse, or relatives up to the fourth degree, thereby allowing greater flexibility in procedures for transferring activities related to subsidy operations, while still adhering to legal and regulatory controls. It also abolishes the restriction related to whether the spouse or relatives are employees of the Ministry of Supply, provided that oversight conditions are maintained—such as obtaining an official license and verifying the settlement of financial accounts. The goal of this decision is to facilitate procedures and respond to the needs of bakery owners, with regulatory oversight to ensure smooth and efficient operations.
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