All posts by: thebes

About thebes

Wednesday March 7th, 2018

Ministry of Investment Issues Amendments to the Executive Regulations of the Companies Law

On 11 February 2018, the Egyptian Gazette published Ministry of Investment decision No. 16 of 2018 amending the Executive Regulations of Companies Law No. 159 of 1981. The amendment of the executive regulations mirrors the recent amendment of a significant number of provisions of the Companies Law that were published on 16 January 2018, representing […]

Wednesday March 7th, 2018

A New Bankruptcy Law

On 19 February 2018, the Law No. 11 of 2018 for Restructuring, Bankruptcy and Bankruptcy-avoiding Settlement was issued (generally referred to as the “Bankruptcy Law”). The Law is considered one of the most important pieces of economic legislation to come out lately. It adds novel concepts and introduces a new approach to dealing with persons […]

Tuesday March 6th, 2018

Biggest Competition Related Fines in Egypt’s History Imposed on Four Pharmaceutical Companies

On 28 February 2018, the Cairo Economic Court issued a fine totaling five billion five hundred and eighty million EGP against four medicine distribution companies for violations of the Competition Law. The competition regulator, the Egyptian Competition Authority, had initiated legal proceedings in 2015 against the four companies (Ramco Pharm– Ibn Sina – Multi Pharma […]

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