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
GAFI Issues Guide for Investme
On 14 March 2019, the General Authority for Investment and Free Zones (“GAFI”) published an “Investors’ Guide on Investment Zones” (the “Guide
FRA Issues the Bylaws of the E
On 6 March 2019, the Egyptian Gazette published Decision No. 20 of 2019 (the “Decision”)[1] by the Board
Central Bank Initiatives to Su
On 12 December 2019, the Central Bank of Egypt (“CBE”) announced two initiatives, the first to support industrial projects in view of their im
The Stock Exchange Issues New
Last week, the Egyptian Stock Exchange (“EGX”) issued new executive procedures for the registration and execution of private and public offeri
FRA Registry for E-Payment Com
On 24 March 2019, decision No. 27 of 2019 by the board of directors of the Financial Regulatory Authority (“FRA”) was published in th
CBE Extends SME Financing to A
With the stated aim of supporting the agricultural sector and providing funds to farmers for modernizing irrigation systems, the board of dire
Sharia-Monitoring Committees f
On 19 March 2019, the Financial Regulatory Authority (“FRA”) published on its website the rules for the formation and membership of Sharia-mon
Amendment in Financial Resourc
In August 2017, the new Gas Market Law No. 196 of 2017 was issued reorganizing the natural gas sector (the “Law”)
FRA Amends Voluntary Delisting
The Board of Directors of the Financial Regulatory Authority (“FRA”) recently published decision No. 43 of 2019 (the “Decision”)
An Amendment to the Rules of I
The Financial Regulatory Authority (“FRA”) issued decision No. 40 of 2019 according to which an amendment was introduced to the investment rul
FRA Issues a Consumer Protecti
As part of its comprehensive five-year strategy to develop the non-banking financial (“NBF”) sector, particularly in terms of governance, supe
Prime Minister Issues Guidelin
On 31 March 2019, the Prime Minister issued guiding principles for the allocation and pricing of state-owned industrial land for investment (t