Tag Archives: egyptian law

Wednesday November 28th, 2018

GAFI Issues Several Circulars with Governance Rules for Companies

The General Authority for Investment and Free Zones (“GAFI”) recently published on its website a number of circulars with governance rules for companies following the amendments of the Companies Law and its executive regulations earlier this year. The circulars – with dates ranging between October and November 2018 – include a reiteration, and sometimes clarification, […]

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Thursday November 1st, 2018

The New Public Contracts Law

On 3 October 2018, the new Public Contracts Law No. 182 of 2018 (the “Law”) was published in the Official Gazette.  The Law was discussed and passed by the House of Representatives last July, and comes into effect 30 days following its publication. As the new framework for regulating contracts concluded by public entities, it […]

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Tuesday September 25th, 2018

A New Consumer Protection Law

Sound consumer protection regulation is a staple of developed legal systems. It is therefore typical of states to aspire to reach a balance between promoting a healthy competitive business environment while ensuring the protection of consumers who deal with businesses against unfair, deceptive, fraudulent or harmful practices. In this light, the new Consumer Protection Law […]

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Monday September 17th, 2018

Egypt’s First Sovereign Fund Law

On 18 August 2018 the law establishing Egypt’s first sovereign wealth fund named “Misr Fund” was issued. With the purpose of contributing to sustainable economic development through management of state funds and assets, the fund was created as an independent legal entity, with an authorized capital of EGP 200 bn. Misr Fund has the right […]

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Tuesday February 20th, 2018

The Executive Regulations of the New Gas Market Law

  In August 2017, Law No. 196 of 2017 on Organizing the Activities of the Gas Market was enacted to regulate the gas market in Egypt. It aimed to transform the dominance of the Egyptian Natural Gas Holding Company (EGAS) in the downstream market by opening the door to increased participation from the private sector. […]

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