Search in Legal Updates :
2020, April
The Legal Framework of the Coronavirus-related Economic Decisions
Following a period of anticipation and hesitation, and in the wake of the recognition of the grave risks that the…
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2020, March
Regulations for Existing Projects to Enjoy the Investment Law Benefits
On 18 February 2020, the Council of Ministers Decision No. 6 of 2020[1] was published in the Official Gazette regarding…
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The Reorganization of the Grand Egyptian Museum
On 12 February 2020, Law No. 9 of 2020 (the “Law”) was issued to reorganize the long-awaited Grand Egyptian Museum…
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Formation of the Technical Secretariat of the Supreme Committee for Advising on International Arbitration Cases
On 16 April 2019, the Prime Minister issued a decree amending the rules governing the Technical Secretariat of the Supreme…
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Executive Regulations of the Media Law is Out
On 16 February 2020, the Executive Regulations (the “ER”)[1] of the most recent Media Law was published, more than a…
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2020, February
CBE Increases Cap on Mortgage Lending Under its 2002 Real Estate Initiative
Amidst circulating news of the activation of the mortgage finance initiative for middle-income individuals in March 2020,[1] the Central Bank…
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FRA Amends Disclosure Requirements for Listed Companies
Last month, the Financial Regulatory Authority (“FRA”) amended yet again the rules for listing and delisting of securities on the…
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FRA Further Amends its Microinsurance Regulations
The board of the Financial Regulatory Authority (“FRA”) recently amended the regulations and templates for standard collective microinsurance policies that…
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2020, January
Further Amendments to Who May Undertake Investment Fund Activities
Following an amendment in December of last year to the requirements for licensing banks and certain non-banking financial companies (“NBFCs”)…
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Recent Changes in the Institutional Framework for Planning and Administrative Reform
On 23 January 2020, the Prime Minister issued decree No. 193 of 2020 detailing the competencies of the Ministry of…
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The Central Bank Amends Its Initiative Supporting Non-Performing Companies
The Central Bank of Egypt (“CBE”) issued a recent circular through which it amended its initiative in support of non-performing…
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A Slight Amendment to the Committee in Charge of Offering State-Owned Shares
Under the framework of the economic reform program that was adopted at the end of 2016, a Prime Ministerial decree…
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CBE Revisits Its Tourism-Related Initiatives
The Central Bank of Egypt (“CBE”) recently published three circulars targeting the bolstering of the tourism sector in Egypt given…
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ECA’s Decision Regarding Uber and Careem’s Merger
The decision issued by the Egyptian Competition Authority (“ECA”) with respect to the conditions for merging the activities of Uber…
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A Set of Prime Ministerial Decrees to Reorganize the Investment File
Following the last cabinet reshuffle that included transferring the supervision over the Ministry of Investment and the General Authority for…
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