{"id":103,"date":"2017-05-01T22:54:10","date_gmt":"2017-05-01T22:54:10","guid":{"rendered":"http:\/\/127.0.0.1:8081\/?page_id=64"},"modified":"2017-05-01T22:54:10","modified_gmt":"2017-05-01T22:54:10","slug":"establishment-sme-development-authority","status":"publish","type":"post","link":"https:\/\/riad-riad.com\/establishment-sme-development-authority\/","title":{"rendered":"Establishment of the SME Development Authority"},"content":{"rendered":"<p>The Prime Minister issued Decree no. 947 of 2017 for the establishment of a special<br \/>\ngovernmental authority to be responsible for SMEs in Egypt. The Authority is called the<br \/>\n\u2018Micro, Small and Medium-Sized Projects Development Authority\u2019, and it is affiliated to<br \/>\nthe Minister of Trade and Industry.<\/p>\n<p>The Decree abolishes Presidential Decree no. 40 of 1991 establishing the Social<br \/>\nDevelopment Fund (<abbr title=\"Social Development Fund\">SDF<\/abbr>), as well as Ministerial Decree no. 553 of 2006 establishing<br \/>\nthe Industrial Training Council. The Authority accordingly replaces SFD and the<br \/>\nIndustrial Training Council in all its rights, obligations, assets and competencies.<\/p>\n<p>The Authority shall also replace the Industrial Modernization Center established under<br \/>\nthe Presidential Decree no. 477 of 2000 as well as the Council of Innovation and<br \/>\ntechnology Centers established under Ministerial Decree no. 186 of 2010.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Authority is called the \u2018Micro, Small and Medium-Sized Projects Development Authority\u2019, and it is affiliated to the Minister of Trade and Industry.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Establishment of the SME Development Authority - 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