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
FRA Registry for Financial Lea
On 14 October 2018, the Egyptian Gazette published Financial Regulatory Authority (“FRA”) Decision No. 139 of 2018 (the “Decision”),
FRA Amendments in Relation to
The Financial Regulatory Authority (“FRA”) has recently issued two insurance policy related decisions. The first decision adds a new insurance
Amendment of Cumulative Voting
The Financial Regulatory Authority (“FRA”) issued two decisions this week amending the requirements concerning cumulative voting and proportio
Update of Egypt’s Transfer Pri
On 21 October 2018, the Minister of Finance issued an updated version of the guidelines governing transfer pricing by virtue of Decision No. 5
Changes to the MSME Developmen
On 8 November 2018, Prime Minister Decree No. 2370 of 2018 was issued amending the structure of the Micro, Small, and Medium Enterprise Develo
FRA Issues Governance Rules fo
The Financial Regulatory Authority (“FRA”) recently published on its website its board of directors’ decision No. 164 of 2018 with governance
FRA Amendment to Market-Maker
Market-making is a regulated activity related to the securities market. It refers to specialized companies that continuously quote, buy and se
FRA Factoring Regulations
In August of this year, a new law was issued that grouped together activities of financial leasing and factoring (the “Law”).
GAFI Issues Several Circulars
The General Authority for Investment and Free Zones (“GAFI”) recently published on its website a number of circulars with governance rules for
Competition Authority Prelimin
In a continuation of its recent bold streak, the Egyptian Competition Authority (“ECA”) issued decision No. 27 of 2018 against Apple Inc,
Sanction Regulation by the Sup
On 18 March 2019, the Supreme Council for Media Regulation (“SCMR”) issued decision No. 16 of 2019 (the “Decision”)
Amendments to the Regulations
The General Authority for Investment and Free Zones (“GAFI”) published Decision No. 742 of 2018 on its website regulating the operations of re