Trade: New rules for subsidized materials not retroactive
The Ministry of Commerce and Industry confirmed that the decision to amend the rules for distributing subsidized building materials and to lower the prices under Ministerial Resolution No. (166) of 2026 does not have retroactive effect. It pertains to cases and procedures from August 17, 2026, onward. The ministry clarified that previous cases remain subject to the old regulations and procedures, with no direct impact from the amendment, while emphasizing compliance with current regulations. They also noted that the decision does not include any suspension or suspension of work, and operations continue in accordance with its terms.
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