A new law No. 8 of 2022 regulating Hotels and Tourism Establishments is issued in Egypt on 6 March 2022 (“Law”). The Law cancels and replaces Law No. 1 of 1973 and it regulates the licensing and regulatory complianc...
With the accelerated rise of special purpose acquisition companies (SPACs) over the past years, the Financial Regulatory Authority (FRA) in Egypt has given its green light for the establishment and licensing of SPAC...
IntroductionScope of ApplicationInvestment Law Objectives and PrinciplesInvestment GuaranteesInvestment IncentivesExpansion of Existing ProjectsCorporate Social ResponsibilityFDI Reporting RequirementsReturn of Priv...
The digital transformation and prevalence of online technology have created new work models; the workforce is becoming mobile and employees are becoming able to do their jobs from anywhere through digital means of c...
In July 2015, a new law for electricity has been issued (Law no. 87 of 2015) to regulate all electricity activities with the aim of replacing the current single buyer model and establishing a fully competitive elect...
On the 1st of October 2020, the General Authority for Foreign Investment in Egypt (“GAFI”) issued important rules adopting new “points-based” system for the issuance of residence permits for foreign investors (for u...
Law No. 199/2020 was issued on 30 September 2020 to amend the stamp duty and the capital gain tax on sale of shares as well as the dividends tax. The law is effective as of the 1st of October 2020.
National Food Safety Authority (“NFSA”) issued on September 2020 its Decree No. 4/2020 regarding food additives accepted for use by the food industry (the “Regulations”)
A collective bargaining agreement (“CBA”) was concluded in Egypt last June between a group of companies including Schlumberger Logelco, Dowell Schlumberger ME, MI Overseas, WesternGeco and others (the “Companies”) a...
A new law was on 13 August 2020 under no. 170/2020 deciding solidarity contribution obligation on private and public sector employees and managers to face the adverse economic consequences of pandemics and natural d...
A new law No. 151 for 2020 is issued in Egypt on 15 July 2020 to regulate Personal Data Protection (the “Data Protection Law” or the “Law”). The Law is modeled to a large extent on the EU General Data Protection Reg...
In a ‘ground-breaking’ precedential decision, the Cairo Court of Appeal in Egypt ruled that it can review an arbitral award for fundamental errors of law that amount to a violation of public policy or equity and jus...
Content Introduction Does Branded Residence Fall into the Hospitality Class? Common Property (Strata) Title Under Egyptian Law Occupant Union>/li> Branded Residence Legal Documentation How to preserve the Operator’s...
On 13 October 2019, the Minister of Trade and Industry issued Decree No. 827 of 2019 amending the Executive Regulations of the Commercial Agency and Brokerage Law No. 120 for 1982.
Education is the key to development of societies and the driver of its progress. Despite efforts by the state to implement reform-oriented educational policies, and the allocation of substantial resources to spendin...
Having an effective and enforceable legal structure for the pharmaceutical sector is an essential element in achieving the country's goals of accessibility, quality, and rational use of medicine. This report aims to...
In the Roundtable organised by the British Egyptian Business Association (BEBA), under the name “Opportunities in the New Industrial Zones”, our Partner Dr. Fatma Salah discussed the regulatory challenges facing the...
On 29 August 2016, the Egyptian Parliament approved the long-debated Value Added Tax Law to abolish and replace the Sales Tax Law no. 11 of 1991 (the “Sales Tax Law”). The Value-Added Tax Law was issued under no. 67...
The legal grounds for terminating the employment contracts under Egyptian law vary depending on the type of the employment contract and the circumstances surrounding the termination.
