Home » News » Egypt News .. President Sisi signs a law granting concessions to Egyptians abroad

Egypt News .. President Sisi signs a law granting concessions to Egyptians abroad

In the past few hours, the seventh day has published a series of important news, first of all the president Abdel Fattah El-Sisi signed the law n. 161 of 2022 regarding the granting of certain concessions to Egyptians residing abroad..

The concessions provide that the Egyptian who has a valid residence abroad has the right to import a private car for personal use, exempt from taxes and charges, in exchange for the payment of an amount in cash in foreign currency for which no 100% refund of the value of all taxes and fees that you had to pay to release the car is due, this amount will be recovered after five years from the payment date with the same value in the local exchange rate of the foreign currency in which it was paid and at the exchange rate announced by the Central Bank at the time of repayment..

Publication of the law in the Official Gazette.. The following is a Egypt news summary of the most important news.

President El-Sisi signs a law establishing the Supreme Council for the automotive industry

President Abdel-Fattah El-Sisi signed Law No. 162 of 2022 establishing the Supreme Council for the automotive industry and the Financial Fund for the environmentally friendly automotive industry.

The Council, chaired by the Prime Minister and composed of the Minister of Industry as Deputy Prime Minister, the ministers of planning, transport and finance, the Minister of State for military production and four experts appointed by the Minister of industry for a period of four years, renewable once.

The council aims to develop and develop the automotive industry sector in Egypt.

A funding fund for the ecological automotive industry is established, vehicles that do not produce emissions or negative effects on the environment, the fund aims to develop the necessary resources to finance the environmentally friendly automotive industry..

Publication of the law in the Official Gazette.

The government denies canceling the work of the year for transportation classes during the current academic year

The Media Center of the Council of Ministers announced that, in the light of the news reported on the issue of the decision to cancel the working year for the transport classes in the new academic year 2022/2023, the center communicated with the Ministry of Education and Technical Education, which denied these reports, pointing out that there is no truth in the cancellation of the working year for the Transportation classes during the new school year 2022/2023, and that no decisions have been issued in this regard, underlining that the work of the year will be applied to the transport classes starting from the sixth grade up to the second upper secondary school, in the ratio of 20 degrees represented by 5 degrees of behavior and 5 degrees of frequency Frequency, and 10 scores of short tests, which indicate that the short test will be prepared by the course teacher, and the test will be at school level, in order to achieve the standards of justice, indicating do that in the first semester there will also be two tests and the student obtains the highest score among them.The first exam will be this October, and the second exam next November, in addition to the exam at the end of the first semester.

Al Haram Street is partially closed tomorrow to deliver the second half of the printing press subway station

The Giza Governorate, in coordination with the Department of General Traffic, Al Haram Street, will be partially closed tomorrow, Saturday, starting from Via Hassan Mohamed and its intersection with Al-Ahram Street and also before Sheikh El-Sherbiny Street (former printing house); Deliver the entire site of the printing house underground station, starting from 12 noon on Saturday 29/10/2022 until the end of the working period.

The Giza Governorate has clarified that in light of the completion of the delivery of the second half of the construction sites of the fourth line subway stations on Al-Ahram Street, which includes the stations (Al-Ahram – Mariouteya – Al-Arish – the printing house – Talbeya – Madkour – Al-Massaha), the executing company will receive the second half of the construction site Al-Mataba metro station (second stop), in particular starting from Hassan Mohamed Street and its intersection with Al-Ahram Street up to before Sheikh El-Sherbiny Street (former printing house) with a distance of approximately (30 meters) and the length of the station site is approximately (400 m) towards Coming from Giza Square towards Mariouteya and the archaeological area.

The Giza Governorate has indicated that the efficiency of Al-Ahram Street in the vicinity of the station construction site has been increased in terms of (asphalt layer – removal of sidewalks and widening of the road – lighting poles) in order to provide lanes of adequate traffic so that the width of Al-Ahram Street around the construction site varies from (7 meters to 10 meters) in order to reduce the negative impact on the flow of traffic in the vicinity of the business district.

Local development begins training young people on craft industries in 12 governorates this November

Major General Hisham Amna, Minister of Local Development, confirmed the launch of new training courses for young people in training centers for the craft industries of the governorates, which the ministry supports with the mechanization and materials needed in various fields. suitable for young people of both sexes, i.e. prêt-à-porter, leather goods, footwear, furniture and carpentry, recalling the directives of the political leadership on the need to pay attention to craftsmanship. ‘craftsmanship represents a starting point for a practical life and a sustainable job opportunity in light of the current global economic crisis to open new horizons to young people to train them in craftsmanship and create a trained generation of artisans in the governorates, and he said that this training creates a golden opportunity for young people of both sexes, those who are seeking ndo to learn a craft trade to be their field of work and source of livelihood.

Major General Hisham Amna made it clear that the ministry is keen to continue training on craft industries in the training centers that follow the ministry each year in coordination with the governorates and to monitor their training needs, the number of young people that will be trained. and the crafts that will be trained, in order to get the maximum benefit from the training, explaining that the training program lasts 3 months, and is implemented in 12 governorates: Ismailia, Assiut, Luxor, New Valley, Beheira, Sharqiya, Fayoum, Sohag , Port Said, Menoufia, South Sinai and Minya. 210 trainees from the aforementioned governorates benefit from these courses, provided that the age of the trainees is between 18 and 30 years. And among holders of higher and intermediate degrees, who have a serious desire and full willingness to learn, explaining that each trainee will be given £ 2,250 as an incentive during the training period, and trainees and supervisors are also stimulated. .

Europe stores combustion cars and accepts the decision to ban their sale from 2035

On Thursday, negotiators from the European Council (EU Member States), the European Parliament and the European Commission reached an agreement to ban the sale of new combustion engine cars and trucks from 2035.

Furthermore, the European Council confirmed in a statement that it has been approved to reduce carbon dioxide emissions by 55% for new cars and 50% for new trucks by 2030 compared to 2021..

Manufacturers who do not meet these thresholds will also have to pay a fine of 95 euros per gram of surplus for the fleet cars they sell, and this will allow, they say in Brussels, that zero-emission cars can ultimately be cheaper than conventional cars..

In principle, the scale assumes that in 2035 cars that do not emit carbon dioxide during the revolving can be sold, that is, today, 100% electric and hydrogen fuel cell models, of all other types, be they gas or hybrid ( composed of additives or not) from the market, unless fuels that do not emit this component are developed in the future.

Associated Press: Musk takes over Twitter, fires CEOs

The Associated Press reported that US billionaire Elon has acquired Twitter and removed its CEO, chief financial officer and chief legal officer of the company, according to sources familiar with the deal..

The sources did not disclose whether all the papers of the deal, originally estimated at $ 44 billion, had been signed or that the deal was terminated, but they did say that Musk has become head of the social media platform and that he has fired the deal. ‘chief executive Parag Agrawal and financial affairs officer Ned. Sejal and Legal Affairs Officer Nijaya Gad. None of the sources wanted to be identified due to the sensitive nature of the agreement.

Hours later, Musk tweeted: “The bird was released,” referring to the famous Twitter slogan.

These developments came hours before the Delaware judge’s deadline for closing the deal on Friday. The judge threatened to set a date for a trial if an agreement was not reached.

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