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

FRA Amends Disclosure Requirem

Last month, the Financial Regulatory Authority (“FRA”) amended yet again the rules for listing and delisting of securities on the Egyptian Sto

CBE Increases Cap on Mortgage

Amidst circulating news of the activation of the mortgage finance initiative for middle-income individuals in March 2020,

Executive Regulations of the M

On 16 February 2020, the Executive Regulations (the “ER”)[1] of the most recent Media Law was published,

Formation of the Technical Sec

On 16 April 2019, the Prime Minister issued a decree amending the rules governing the Technical Secretariat of the Supreme Committee for Advis

The Reorganization of the Gran

On 12 February 2020, Law No. 9 of 2020 (the “Law”) was issued to reorganize the long-awaited Grand Egyptian Museum (“GEM”), which is set to op

Regulations for Existing Proje

On 18 February 2020, the Council of Ministers Decision No. 6 of 2020[1] was published in the Official Gaz

The Legal Framework of the Cor

Following a period of anticipation and hesitation, and in the wake of the recognition of the grave risks that the coronavirus disease (COVID-1

A New Law for Consumer Finance

Following discussions that spanned more than a year between the Financial Regulatory Authority (“FRA”) and the different companies and institu

Extensions of Nationwide Curfe

Following up on the series of decisions and policies that have been passed throughout the month of March in an attempt to address the repercus

Reductions to Fuel Prices

In light of the global and local economic conditions that have risen due to the spread of the coronavirus disease (COVID-19) and given recent

Further Support to Industries

Amidst the coronavirus-related legislation that have been issued last month, two decisions were passed in attempts to support the industrial s

Executive Regulations of the L

On 31 March 2020, the Official Gazette published Prime Ministerial Decree No. 800 of 2020[1] amending