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

Addressing the Effects of Incr

In an attempt to address the effects of increasing fuel prices on ongoing projects between contractors and State organs including ministries,

Terrorist Entities and Financi

Presidential Decree-Law No. 8 of 2015 was published on 17 February 2015, announcing provisions on terrorists and terrorist entities (the "

Amendments to the Mortgage Fin

The Mortgage Finance Law was initially issued in 2001[1] in order to regulate for the first time this act

Parliamentary Elections Delaye

The beginning of March saw a highly interesting judicial development coming out of Egypt’s Supreme Constitutional Court. On the 1st of March,

Executive Regulations of the I

On July 6, 2015 the Executive Regulations for the Investment Law were issued in accordance with Prime Minister's Decree No. 1820 of 2015.

Three New Decisions by EFSA Re

The Board of Directors of the Egyptian Financial Supervision Authority ("EFSA") recently issued thr

EFSA Issues Three New Decision

The Egyptian Financial Supervisory Authority ("EFSA") issued on 7 September 2015 three new decisions affecting the supervision of mor

Amendments to the Real Estate

In August 2014, an important amendment to the Real Estate Tax Law was issued.[1] Re

New Amendments to Income Tax L

After months of anticipation and speculation by the business community and investors, the new amendments to the Income Tax Law that were promi

Suez Canal Special Economic Zo

The past few months have witnessed significant legislative developments regulating special economic zones. Four days after the inauguration of

EFSA Issues a New Capital Adeq

The Egyptian Financial Supervisory Authority (“EFSA”) issued, on 6 August 2015, a new capital adequacy requirement for mortgage finan

Additional Environmental Regul

The use of coal as a source of energy has sparked considerable debate in Egypt for over a year. The decision to use coal was made by the Cabin