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
New Law Regulating the Federat
On 28 May 2019, a new law was published regulating the Federation of Egyptian Industries and the Industrial Chambers that it comprises. Law No
Constitutional Court Law and J
On 26 June 2019, two laws were published[1] amending provisions in the Supreme Constitutional Court (“SCC
Amendment of Real Estate Valua
Dated 9 June 2019, a decision by the Prime Minister was published amending the executive regulations of the Capital Market Law in relation to
CBE Pilots its Fintech Regulat
This month witnesses the launching by the Central Bank of Egypt (“CBE”) of a pilot program in the field of financial technology (“fintech”) to
GAFI’s Decision on the Electro
The General Authority for Investment and Free Zones (“GAFI”) has recently issued its decision No. 624 of 2019 mandating that companie
FRA Issues Circular on Cashles
Following the issuance of the new Cashless Payments Law No. 18 of 2019 (the “Law”) two months ago,[1
Amendment Concerning the Servi
On 20 June 2019, the Egyptian Gazette published a decision by the board of directors of the Financial Regulatory Authority (“FRA”) that was ta
Prime Ministerial Decree Speci
On 18 December 2019, Prime Ministerial Decree No. 3099 of 2019 was published in the Official Gazette, regulating the cases in which Egyptian c
FRA Amends NBFC Related Rules
The last ten days of the previous month saw the issuance of three amendments by the Financial Regulatory Authority (“FRA”) concerning non-bank
Automatic Petroleum Pricing Me
On 5 July 2019, the Prime Minister issued decree No. 1558 of 2019[1] tasking the technical committee for
GAFI’s Manual for Valuations R
The General Authority for Investment and Free Zones (“GAFI”) recently published on its website its Chairman Decision No. 853 of 2019,
Listed Companies Explicitly Ex
On 7 July 2019, the Egyptian Gazette published a decision by the Minister of Investment amending Article (205) of the Executive Regulations of