Al-Sisi issues 6 new Republican decisions … Get to know them

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President Abdel Fattah issued Sisi Decision No. 563 of 2020 re-allocating a plot of land from the state-owned areas privately owned with an area of ​​approximately 7,457.37 acres equivalent to 31,327,170 m 2 west of Lake Qarun in the Fayoum governorate for the Ministry of Military Production for use as an administrative area for the central firing ranges in the region.
Also issued President Sisi Decision No. 564 of 2020 to reallocate two plots in the Luxor and Eastern governorates, from privately owned state lands, for the benefit of the Ministry of Supply and Internal Trade, for use in establishing logistical areas.

President El-Sisi also issued Decree No. 565 of 2020 to reallocate an area of ​​approximately 85.32 acres equivalent to 358453 square meters of state-owned land privately owned on the Cairo / Suez road, in favor of the New Urban Communities Authority, by transferring from the lands allocated to the armed forces.

President Abdel Fattah El-Sisi also issued Law No. 195 of 2020 regarding authorizing the Minister of Finance to guarantee the Holding Company for EgyptAir in the long-term financing that the company will receive from the Central Bank of Egypt at an amount of 3 billion pounds.

President El-Sisi issued Law No. 196 of 2020 regarding permission to the Minister of Finance to guarantee the Egyptian Holding Company for Airports and Air Navigation, which the company will obtain from the Central Bank of Egypt at an amount of one billion pounds.

President El-Sisi issued Law No. 197 of 2020 amending some provisions of Law No. 177 of 2018 establishing the Egypt Fund.





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