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
Capital Market Authority: New
Background In 2002, Egypt issued its first Money Laundering Prevention Law. This was in response to the growing conc
Minister of Finance Bars Emplo
The Minister of Finance issued Decree No. 92 of 2012 (published in the Egyptian Gazette, Issue No. 49 (bis), published on February 29th, 2012) barring
EFSA Issues New Rules for Warr
During March and April of this year, the Chairman of the Egyptian Financial Supervisory Authority (“EFSA”) issued two Decrees aiming at introducing in
New Regulations for Touristic
Background Licensing touristic restaurants is one of the most covered subjects in laws and regulations over the last few years, but
The Central Bank of Egypt Redu
The Board of Directors of the Central Bank of Egypt issued Decree No. 607 of 2012 (Egyptian Gazette, April 10th, 2012) reducing the reserve requiremen
Prime Minister Issues Implemen
Background In December of last year, the Supreme Council for the Armed Forces (“SCAF”) issued Law No. 242 of 2011 with respect to th
Major Amendment to Egyptian Ex
On September 22nd, 2008, the Capital Market Authority (“CMA”) issued Decree Number 94 of 2008 introducing major amendments to the Egyptian Sto
A New National Council for the
The Council The Prime Minister issued Decree No. 410 of 2012 (Egyptian Gazette, Issue No. 90 (bis), April 18th, 2012) establishing t
Committee to Determine the Los
Prime Ministerial Decree No. 379 of 2012 was issued (Egyptian Gazette, Issue No. 93, April 22nd, 2012) forming a Committee to take stock of the paymen
Labor Union Elections are Post
Labor Unions are currently governed by Law No. 35 of 1976 (Amended by Law No. 3 of 2012). This Law covers the elections of the Unions’ Boards of Direc
Amendment to the Rules for Pre
Prevention from travel is a well-established procedure in Egyptian criminal law, which aims at barring those who are accused of certain crimes or unde
New Presidential Decrees Regul
During the month of November, the President issued three important decrees regarding the regulation of overland transport of passengers and ca