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’s Microfinance Consumer P
The Egyptian Financial Supervisory Authority’s (“EFSA”) Board of Directors Decision No. 123 of 2016 (“Decision 123”) issued
Amendment of the Law on State
Law No. 83 of 2016 amending certain provisions of Law No. 7 of 1991 on State Owned Special Lands (the “Law”)
CBE Consolidating Mortgage Fin
On 27 November 2016, the Central Bank of Egypt (“CBE”) issued a decision that referenced the 2014 CBE Mortgage Finance Initiative for
EFSA Amends Securitization Rul
On the 6th of November 2016, the Board of Directors of the Egyptian Financial Supervisory Authority (“EFSA”) approved an amendment
Two Ministerial Decrees On Tem
This past November, the Prime Minister adopted decree No. 3050 of 2016 regarding the issuance of temporary licenses to existing factories for
New Rules for Undertaking Mari
On 3 December 2016, Egypt’s Supreme Constitutional Court found the decision by the Minister of Transport, determining the consideration for th
Central Bank Amends Instructio
On 29 December 2016, the Central Bank of Egypt (“CBE”) issued an amendment[1] to its circular da
Decisions Supporting Transform
In November 2016, the board of directors of the Central Bank of Egypt (“CBE”) approved the new issue of the mobile payment regulation
Legalizing Adverse Possession
On 9 January 2017, the Prime Minister issued a decree outlining rules for transforming “adverse possession” of land in the Sinai Peninsula to
Eligibility for Free Land
The Egyptian Investment Law,[1] as amended in 2015, reiterates the right of the government to
New Law to Regulate Food Safet
The Egyptian market has suffered for long from legal chaos with respect to the regulation of monitoring the production, storage, distribution
Issuance of the Egyptian Enter
For the first time the Egyptian Financial Supervisory Authority (“EFSA”) issued the Egyptian Enterprise Valuation Standards (the “