In the following, we aim to shed some light on the more relevant laws applicable to foreign investors in Egypt. In this respect, we shall focus on the corporate, labour, investment and property laws of the country. 1. Corporate Law All newly established corporate vehicles in Egypt are subject to the provisions of the Companies Law No. 159 of 1981 (Companies Law), which is the general law…
Viewpoint: Mohamad Talaat Egypt has undergone a series of dramatic political developments, leaving the country with various economic challenges to address. While the uprisings lifted the country from stagnation, they also interrupted commerce, leading to a prolonged closure of the stock market and a marked drop in tourism. In recent decades, the focus has been on providing greater incentives for…
OBG introduces the reader to the different aspects of the legal system in Egypt, in partnership with Helmy, Hamza & Partners. OBG talks to Mohamad Talaat, Managing Partner, Helmy, Hamza & Partners, on beneficial laws and current developments.…
In the following, we aim to shed some light on the more relevant laws applicable in Egypt. In this respect, we shall focus on the corporate, labour, investment and property laws of the country. 1. Corporate Law All newly established corporate vehicles in Egypt are subject to the provisions of the Companies Law No. 159 of 1981 (the “Companies Law”), which is the general law of application. The…
A process of fiscal reform is well under way, a long-awaited legal framework aimed at attracting new investment is almost in place, a Mediterranean gas find promises to nearly double the nation’s gas reserves and, other than some unrest in the remote Sinai Peninsula, the country has enjoyed a period of political stability following the turbulence of 2011-13. However, some obstacles to growth rem
Egypt has undergone a series of dramatic political developments, leaving the country with various economic challenges to address. While the uprisings lifted the country from stagnation, they also interrupted commerce, leading to a prolonged closure of the stock market and a marked drop in tourism. In recent decades, the focus has been on providing greater incentives for investments. The Companies…
In the following, we aim to shed some light on the more relevant laws applicable in Egypt. In this respect, we shall focus on the corporate, labour, investment and property laws of the country. 1. Corporate Law All newly established corporate vehicles in Egypt are subject to the provisions of the Companies Law No. 159 of 1981 (the “Companies Law”), which is the general law of application. The…
OBG introduces the reader to the different aspects of the legal system in Egypt, in partnership with AB & David. OBG talks to David Ofosu-Dorte, CEO, AB & David, on a new legal regime for nuclear energy.…
Economic growth resumes after presidental elections New constitution includes more checks and balances Investments from regional allies help to foster stability Cooperation with neighbours to share Nile resources
Egypt has recently undergone a series of dramatic political developments, leaving the country with a number of economic challenges to address. While the two uprisings brought about fundamental political change and lifted the country from its state of stagnation, they also were a direct cause of interrupted commercial activity, leading to a prolonged closure of the stock market as well as a marked drop…