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

Repeal of Maximum Income at So

Since the issuance of the law introducing a maximum income for public sector employees and the entities denoted therein,

Law on Giving Preference to Eg

In line with the Government’s policy aimed at stimulating the economy, Presidential Decree No. 5 of 2015 was issued on the 17th of January ena

New Legislation Regulating Mic

The past few months have seen several important legal developments related to micro-finance in Egypt. Following the passage of the long-awaite

New Amendments to the Stock Ex

The Board of Directors of the Egyptian Financial Supervisory Authority ("EFSA") issued, in the middle of January 2015, Decision No. 1

The New Mineral Resources Law

In December 2014, the new Mineral Resources Law, one of the most important economic laws to be introduced in recent years, was issued by a Pre

Stimulation of Renewable Energ

The development of the alternative energy industry in Egypt, and investment therein, has become a priority for the Egyptian government. Egypt

Payment of Corporate Income Ta

A recent change to Income Tax Law No. 91 of 2005[1] was enacted by Presidential Dec

Registering Foreign Entities a

The Egyptian Financial Supervisory Authority ("EFSA") recently issued a decision amending existing regulations concerning the registr

Amending the Agricultural Co-o

On 21 December, 2014, a law was issued by Presidential Decree introducing key amendments to the 1980 Agricultural Co-ops Law which had not see

Pricing of Medicine and Nutrit

Medicine and nutritional supplements have a significant social importance as well as a vital economic role representing a key area of investme

New Law Regulating Micro-Finan

For many years there have been efforts to pass a law regulating microfinance activity and putting in place the necessary regulatory framework,

World Bank Loan for the Financ

On the 30 October 2014, a Presidential Decree was issued officially ratifying a loan agreement made by the World Bank’s International Bank for