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
Government Announces Final Neg

On 26 July 2016, the Egyptian Cabinet issued a statement on the meeting held by the Ministerial Economic Committee announcing that government

New Corporate Governance Guide

The Egyptian Institute of Directors, which operates under the Egyptian Financial Supervisory Authority (“EFSA”), recently issued the third ver

EFSA Clarifications Regarding

On 28th of February 2016, The Egyptian Financial Supervisory Authority ("EFSA") issued decision No. 19 of 2016 that specified the soc

CBE Initiative to Offer Medium

On 22 February 2016, the Central Bank of Egypt ("CBE") launched an initiative that offers medium and long term lending to medium-size

Central Bank's Decision to Reg

Over the past two months, the Board of Directors of the Central Bank of Egypt (“CBE”) took many significant steps aimed at regulating the cred

Central Bank’s New Regulations

During the second half of January, the Board of Directors of the Central Bank of Egypt (“CBE”) has issued two new circulars aimed at regulatin

New Charitable Investment Fund

Introduction Last week, the Minister of Investment, in his capacity as the Minister concerned with the application of the provisions

Import Regulations: Tariff Inc

Introduction Post January 2011, the Egyptian economy has been suffering from a severe shortage in foreign currency liquidity, owi

Ministerial Decree Amending Ru

The Minister of Trade and Industry issued Decree No. 43 of 2016 to amend the rules for registering exporters of products into the Egyptian mar

Decree Establishing Joint Stoc

On 8 February 2016, the President of Egypt promulgated Presidential Decree No. 57 of 2016 assigning the New Urban Communities Authority and th

The Value Added Tax Law

On 29 August 2016, the House of Representatives concluded its deliberations and approved the Value Added Tax (“VAT”) Law.

EFSA Issues New Decisions on R

The Board of Directors of the Egyptian Financial Supervisory Authority (“EFSA”) has issued two decisions recently regulating the mort