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Home Egypt

Govt agrees to amend decree about holding company for cultural investments

by Gazette Staff
March 1, 2023
in Egypt, Business, Entertainment
Govt agrees to amend decree about holding company for cultural investments 1 - Egyptian Gazette
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Meeting under Prime Minister Moustafa Madbouli, the government Wednesday approved a draft resolution by the Culture Ministry to amend some provisions of a Cabinet decree about the establishment of the holding company for cultural investments.

The amendments entail that the capital of the company should be 60 million pounds.

Also, the proposed amendments stipulate that designated employees be moved to the company at similar positions and with all dues

Tags: culturalGov'tinvestmentsMeetingPM

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