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

New Electricity Prices

The August issue of Egypt Legal Update included a review of the new Electricity Law, issued in July 2015.

A New Counter - Terrorism Law

On 15 August 2015, the Counter-terrorism Law was enacted by way of a presidential decree (the "Law").

Executive Regulations for the

On 24 June 2015, the Prime Minister issued a decree enacting the Executive Regulations[1] of the Mineral

New Electricity Law

Energy is considered one of the most important issues that have been raised in Egypt over the past few years due to the severe crisis that the

Regulatory Authorities' Heads

On 9 July 2015, Presidential Decree-Law No. 89 of 2015 was issued to provide the rules for sacking the heads - and members - of independent re

Conditions and Requirements to

Recently, there has been a significant increase in interest in the mortgage financing sector, which is embodied in the recent issuance of legi

EFSA Issues Real Estate Valuat

On 7 June 2015, the Egyptian Financial Supervisory Authority (“EFSA”) issued a decision stipulating the Egyptian standards for the va

Licensing Requirements for Mic

In a continuation of recent efforts to develop a comprehensive legislative framework for the regulation of micro-finance activities, the month

EFSA’s Decree regarding T+1 Se

In line with the intention of the Egyptian Financial Supervisory Authority (“EFSA”) and the Egyptia

Committee for the Settlement o

Since March of this year, several important legislative developments affecting the investment sector have been witnessed. This was clearly tie

Amendment of the Executive Reg

Egyptian Customs Law No. 66 of 1963[1] has been i

The Formation of a Ministry fo

Mr. Ibrahim Mahlab’s Government has seen a limited re-shuffling on 14 April 2015 where two ministries have been introduced; the Ministry for V