80 Days
Source:
Sky News
Egypt passes bill to restructure the "Future Egypt" organization
A draft bill in Egypt has revealed the government's intention to restructure the "Misr Future" entity, transforming it from an affiliate of the Armed Forces focused on development and imports into an economic authority directly under the President of the Republic. The bill grants the agency broad powers in managing assets and investments, including transferring state-owned lands and shares in companies, as well as establishing two new funds called "Pyramids of the Nile" and "Da'em." The bill still requires parliamentary approval to become law and aims to expand the agency's role in implementing economic and developmental projects.
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