During its meeting today, headed by Dr. Mostafa Madbouly, the Cabinet approved a number of decisions, including:
The Council of Ministers agreed to put forward a complementary phase to the eighth phase of the “House of the Homeland” project (the lands of Egyptians residing abroad); This is to accommodate the demands of the blockers in the project and the desires of many of them to offer distinct areas, and to benefit as much as possible from incoming foreign currency transfers.
The Council also agreed to present the project to the gatekeepers permanently through the website of the gatekeepers, which includes the various theses and projects of the New Urban Communities Authority, within the framework of the state’s implementation of many economic measures that would encourage foreign investments, provided that this is done in light of several conditions, Among them is that the price of a meter of land is set in Egyptian pounds, and payment is made in foreign currency (dollars), according to the average price of the dollar during the two weeks preceding the offering, or to pay the installments, and the price is evaluated through the Central Bank of Egypt, and that the barrier enjoys Egyptian nationality, and other things Other conditions that will be announced, and the New Urban Communities Authority is responsible for setting prices, according to the prices in force in the Authority.
The Cabinet approved a draft Prime Minister’s decision to amend some provisions of the executive regulations of the Universities Organization Law promulgated by Law No. 49 of 1972, and the amendment stipulated that “without prejudice to the stable legal positions of students enrolled in the Faculty of Computers and Information at Fayoum University before the issuance of this decision, The name of the College of Computers and Information has been amended to become the College of Computing and Artificial Intelligence.
The Cabinet approved a draft decision on licensing the issuance of commemorative five-pound silver coins, on the occasion of the awareness campaign to combat and prevent illegal immigration and human trafficking.
The draft resolution stipulates that the Minister of Finance may issue a commemorative silver five-pound coin bearing the slogan “Together once morest human trafficking”, according to specific technical specifications and models, provided that the selling price within the Arab Republic of Egypt is set for one piece of commemorative coin at a price of 435 pounds, and that The minting of these currencies shall be in stages according to the real needs of the market.
The Cabinet approved the requests submitted by companies working in the field of implementing and constructing mobile network booster towers; To establish relay towers for mobile phone networks for 152 projects in 20 governorates, considering these projects as public benefit projects, in accordance with the requirements and controls stipulated in this regard.
The Council of Ministers approved the decisions and recommendations issued by the meeting of the Ministerial Committee for the Settlement of Investment Disputes (the ninety-first session), which was held on October 10, with a number of 25 topics.
He assigned the Prime Minister to prepare a report on the position of implementing the decisions of this committee, within the framework of the government’s efforts to solve the problem of investors, and to facilitate procedures.
The Council of Ministers approved the President’s draft decision to allocate two plots of land privately owned by the state, in the governorates of Aswan and Assiut, in favor of the Ministry of Electricity and Renewable Energy, the first with an area of 21.43 acres in the Aswan reservoir; To be used in setting up a switch station with a voltage of 500 kV, and the second with an area of 400 m2 in Assiut; In order to be used in setting up a panel for the distribution of electricity.
The Council of Ministers approved a draft decision of the President of the Republic to reallocate an area of 2,500 square meters of privately owned land, in the area of Hurghada, in favor of the Red Sea Governorate; To be used in the establishment of a gas pressure reduction and odor addition station, which is related to natural gas services, to feed the areas of Makadi Bay, Sahl Hasheesh, and Sharm El-Naqah, transferring from the lands allocated to the General Authority for Tourism Development.
– The Council of Ministers approved the result of the Ministry of Finance’s study regarding the request of Sohag Governorate to dispose of the sale in an area of approximately 301.77 square meters, of state property, in the village of Shatoura – affiliated to the Tahta Center, in the governorate; This is to establish a branch of Banque Misr on it, in a way that contributes to providing the service closer to the citizens of the village and the surrounding areas; in order to facilitate them.
