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
EFSA Issues New Rules to Regul
Background Fund Management is a business recognized and regulated in Egypt since the issuance of the Capital Market Law in 1992. Sin
New Fees Imposed by EFSA: 0.2%
In February of 2009, Law Number 10 of 2009 was issued and led to the establishment of the Egyptian Financial Supervisory Authority (“EFSA”) as
New Ministerial Committee to D
The Prime Minister issued decree No. 317 of 2013 forming a ministerial committee to develop the golden triangle (Safaga – El Kosseir – Qena) f
EFSA Amends Conditions for Fou
The Board of Directors of the Egyptian Financial Supervisory Authority (“EFSA”) issued on 27 October 2016 its Decision No. 108 of 201
The Arab Convention for Combat
By virtue of Presidential Decree No. 277 of 2014,[1] Egypt has now officially signed the Arab League’s Ar
New Executive Regulations for
The New Regulations The Minister of Tourism issued in the middle of last April Decree Number 209 of 2009 (published in the Egyptian G
Significant Changes to the inv
On 1 November 2016, the Supreme Council for Investment (“SCI”) convened under the chairmanship of the President and issued 17 influen
Enactment of the 2016 Civil Se
On the first of November, 2016, the President issued Law No. 81 of 2016 promulgating the Law on Civil Service after having been approved by th
Amendment of the Executive Reg
The Executive Regulations of the Capital Market Law (the “Executive Regulations”) were amended pursuant to Decision No. 95 of 2016 issued by t
Decrees to Raise Prices of Pet
On 4 November 2016, the Prime Minister of Egypt issued five decrees to increase the prices of petroleum products by an average of 40%:
EFSA Decision Regulating Micro
EFSA Decision No. 902 of 2016 defines Microinsurance and identifies the regulations necessary for the issuance and distribution of electronic
Enactment of the Illegal Migra
On 7 November 2016, the Law Countering Illegal Migration and Smuggling of Migrants was issued after having been approved by the Egyptian Parliament (t