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
Investment Law Finally Out
On 7 May 2017, the Parliament approved the new Investment Law after more than one year of deliberation inside and outside of the House. Like a
The Civil Society Law
On 24 May 2017, the law regulating Civil Society Work by Non-Governmental Organizations and Other Associations was finally ratified and publis
EFSA Requires 21 Day Notificat
Following in the footsteps of a recent Ministry of Investment decision,[1] the Egyptian Financial Supervi
Amendment of the Stock Exchang
On 11 June 2017, Presidential Decree No. 274 of 2017 was published in the Official Gazette, amending the provisions of Presidential Decree No.
Central Bank Lifts Limits on F
On 14 June 2017, the Central Bank of Egypt (“CBE”) issued a circular announcing the removal of limits on international transfer of cu
Several Amendments to Tax Laws
Right before the holiday break in the last week of June, the House of Representatives passed a number of significant amendments to the Income
New Executive Regulations Issu
On 22 June 2017, the Minister of Trade and Industry issued new Executive Regulations (the “Regulations”)
A Series of New Laws and Decre
Within a span of a few days, the government introduced – through Parliament, or through its own executive decrees – a wide range of economic m
Contractors’ Compensation Law
On 9 July 2017, the awaited Contractors’ Compensation Law (the “Law”) was published in the Official Gazette.
EFSA Issues Standards of Finan
The Egyptian Financial Supervisory Authority has issued a decision on the standards of financial solvency for companies operating in the field
Amendment of the Minimum Busin
In a Board of Directors meeting dated 12 July 2017, the Central Bank of Egypt (“CBE”) issued directives
Temporary Suspension of the Ag
After Parliament’s earlier approval, a law[1] was published on 22 July 2017 to temporarily suspend the ap