Egypt Legal Update
The Reorganization of Export Councils
"Egypt Legal Update"
The Ministry of Trade and Industry issued last week two decisions pertaining to Export Councils. The first decision organizes the legal and administrative structure of Export Councils in general while the second decision recomposes the board of directors of a number of key Councils. This
Jun-2022
Announcement of a Partial IPO
On 25 June 2016 the Ministry of Investment announced signing a contracting with “NI Capital” as its adviser for the preparation of an “IPO Pro
Prime Minister Forms the Board
The Prime Minister issued a decision to form the Board of Directors of the Emergency Assistance Fund for Workers (the "Decision").
Supreme Court Finds Building R
Egypt’s Supreme Constitutional Court (“SCC”) recently declared the unconstitutionality of several provisions that place restrictions
New Ministry for State-Owned E
Within the last cabinet reshuffle, which entered into effect on 31 March 2016, the Prime Minister issued a decision forming an independent Min
Economic Program of the Govern
On 27 March 2016, the Prime Minister of Egypt delivered the government statement to the Egyptian Parliament under the title of ‘Yes We Can’. H
Financial Regulation in Egypt:
Introduction As the world financial crisis was unfolding over the last two months, significant changes occurred worldwide in the glob
Coping with the World Financia
Since the onset of the world financial crisis, accounting standards were quickly identified not only as one source of the problem, but also as
Non-Banking Financial Regulati
During the month of December 2008, the discussions for the draft Financial Regulator Law was concluded in the Shura Council (The Upper House o
The Financial Regulation Autho
Establishment and Start of Business On February 26th, 2009 Law Number 10 of 2009 was issued (and published in the Of
The Determination of the Compe
The New Non-Bank Financial Regulator: Background The March 2009 Egypt Legal Update described in detail the provision
Capital Market Law Amended in
On June 9th, 2008 Law Number 123 of 2008 amending certain provisions of the Capital Market Law (Number 95 of 1992), was published in the Offic
Regulation of Money Market Fun
Money Market Funds have existed in Egypt for a number of years but have not had an independent set of regulations from those of ordinary funds