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

Amendments to the Real Estate

In a development that could contribute to an increase in State revenues, a Presidential Decree-Law was issued on 17 August 2014 putting into f

EFSA Guidelines for Financial

The Egyptian Financial Supervisory Authority ("EFSA") recently issued a decision on the preparation and review of financial statement

Health Insurance Law for Farme

On the occasion of Farmer’s Day, 9 September 2014, Presidential Decree-Law 127 of 2014 was issued regulating the health insurance for farmers

A New Law Establishing Takafol

Among other laws issued relating to farmers and agriculture, a Presidential Decree-Law was issued to establish the “Takafol Agriculture Fund”

The Legal Framework for the Re

In July 2014, the President issued a series of laws reducing the subsidiary from the State budget for energy products; this was followed by se

Amendment to the Money Launder

On 15 May 2014, the President issued Decree-Law No. 36 of 2014 amending certain provisions of the Money Laundering Prevention Law No. 80 of 20

Law Regulating Procedures for

On 22 April 2014, a Presidential Decree-Law No. 23 of 2014 was issued regulating the procedures for appealing State Contracts, in order to bet

Presidential Decree-Law On the

On 2 July 2014, the President issued Decree-Law No. 63 of 2014 establishing the maximum wage for those who work in state agencies (the “La

New Controls for Real Estate I

The activity of Real Estate Investment Funds is an important activity throughout the world, significant for its impact on the increase in real

Law Imposing a Temporary Surch

On 4 June 2014, the President issued a decree-law No. 44 of 2014 to temporarily impose an additional 5% tax to be levied on income greater tha

Amendment to the Decree Formin

On 26 June 2014, the Prime Minister issued a decree to amend the first Article of the Prime Minister’s Decree No. 1115 of 2012, as amended by