e-commerce shopping online - CC via Pixabay/Kreatikar e-commerce shopping online - CC via Pixabay/Kreatikar

Government to finalize drafting e-commerce regulation bill

Wed, May. 15, 2019
CAIRO - 15 May 2019: The government is expected to submit to the House of Representatives a draft law that regulates e-commerce in Egypt.

Below are some figures on e-commerce in Egypt

1) The size of e-commerce in Egypt is $2 billion.
2) 90 percent of e-commerce in Egypt belongs tothe informal sector.
3) E-commerce customers increased by 30 percent in 2017.

There have been calls to establish one entity to be in charge of regulating and monitoring e-commerce as that responsibility is divided upon the Ministry of Industry and Trade, the Ministry of Finance, the Investment Entity, and the Ministry of Communications and Information Technology.

E-commerce is expected to be governed by three bills. One is the cybercrime bill which was passed by the House of Representatives in May 2018. The other two are personal data protection, and regulation of commercial transactions. The former is being reviewed by the Communications and Information Committee at the Parliament.

Egypt's Parliament approves cyber crime bill

CAIRO - 14 May 2018: Parliament initialed a cybercrime bill on Monday aiming at combating the illegal use of computers and information networks. The Anti-Cyber and Information Technology Crimes Law defines commonly used concepts such as "websites, traffic data, digital directory, personal statements and national security".



 
There are no comments on this article.

Leave a comment