Egypt: Cumulative Voting According to FRA’s New Decree
The Egyptian Financial Regulatory Authority (FRA) supervises & regulates all non-banking financial markets and instruments, including capital markets, futures exchanges, insurance activities, mortgage finance, financial leasing, factoring, securitization and microfinance. Read more...
E-commerce: Comparative Analysis of UK, Egypt and South African Legislation
Master Thesis: E-commerce in the Modern World-Electronic Transactions and Some Challenges and Perspectives: Comparative Analysis of UK, Egypt and South African Legislation Read more...
Incorporation of Transportation Companies in Egypt
The New Parliamentary Regulations on the Procedures of Incorporation of Transportation Companies according to the Egyptian Investment Law: Read more...
E-commerce and Information Technology in Egypt
The International statistics confirm the growth and expansion of the Internet usage on a global basis, where the growth volume of such usage in the duration between 2000 and 2019 reached 1,104%. The Egyptian share of such growth is 10,840%. Where the internet users in Egypt represent 48.7 % of the total populations which is equal to 101,168,745[1]. Read more...
Banking in Egypt: Protection of Customers
Legal Protection of Bank Customers Under the UK Law Read more...
Egypt: The new Public Contracts Law No. 182 of 2018
After being approved by the Egyptian Parliament, President Abdel Fatah El-Sisi has issued Law No. 182 of the year 2018 that regulates the contracts and agreements which are concluded by the Public Authorities in Egypt within the upcoming period that includes specific regulations that the General Authorities shall follow and apply. Read more...
Tax Disputes Resolution in Egypt
The Egyptian Parliament approved extending the Tax Dispute Resolution Law No.79 of the year 2016 for the upcoming two years. Such legislation was one of the most critical and important demands in the tax community,where it was issued to ease the process of Tax Dispute Resolution between the Financier and the Egyptian Tax Authority and to accelerate the lengthy tax dispute process, removing cases from court and allowing settlement by committees headed by experts who do not work for the Tax...
Procurement of Public Contracts projects in Light of Egyptian Laws
Awarding Public contracts in Egypt is not specified by a certain law, nevertheless, the Egyptian Constitution has set a general principal that it is prohibited to dispose any of the State’s public property. However, disposing of the State’s private property, and public utility concessions are allowed in accordance with the laws promulgated in this regard. The main laws regulating the award of public contracts are: Read more...
Anti-Cyber and Information Technology Crimes law in Egypt
Egypt used to govern technology crimes and cybercrimes by some provisions in Civil and Criminal laws. Finally, a new Law No. 175 of the year 2018 regarding anti-cyber and information technology crimes was published on Saturday 18/8/2018 by the official Egyptian Gazette following its ratification. Read more...
Land Allocation according to the New Investment Law in Egypt
The new investment law in Egypt laid down the basic conditions for the allocation of lands to investors with obliging the concerned authorities (concerned ministries) to provide lands for investment and to notify the General Authority for Investment to include these lands in the investment map. Read more...
CONFIDENTIALITY AGREEMENT UNDER EGYPTIAN LAWS
The Confidentiality might be stated in an independent Agreement called "Confidentiality Agreement" and it could be stated in certain Clauses in different agreements or contracts such as an employment contract. The Confidentiality Agreements or Clauses are essential in any contractual relationship, as it plays an important role in assuring the maintenance of the secrecy and confidentiality regarding all the information disclosed among all the involved Parties of the Agreement. It is a win-win...
Egypt: Liabilities of Shareholders and Directors
The companies, its shareholders, directors and partners are regulated in Egypt by the Companies Law No.159 of the year 1981, it’s executive regulations and amended provisions of Law No.4 of the year 2018. Read more...
Egypt: Environmental Impact Assessment System (EIA)
The Environmental Impact Assessment process is the process of assessing and evaluating the possible and potential environmental effects for a definite project, where such studies take place before the phase of the projects’ implementation in order to decide the best options to minimize the environmental impacts and hazards and to handle the negative aspects that are expected to happen before proceeding with the implementation step. Read more...
COMBATING COUNTERFEIT IN EGYPT
Counterfeit is defined by the Cambridge Dictionary as products made to look like the original of something, usually for dishonest or illegal purposes or something copied exactly in order to make someone believe that the copy is the original. Read more...
Egypt’s New Labour Law
Egypt’s government has completed the amendment of the new Labor Law including the Laws of Labor and Trade Union Organizations, in a way consistent with the current economic conditions of the country and its social reflections on all workers sectors as the Egyptian workers are considered the cause behind the real development, which will build the homeland and work on its prosperity; such workers bear the economic decisions issued in 2016, where the government ensured that such Laws will have...
Egypt:Importing of materials & equipment for projects
Egypt’s strategy 2030 is a Sustainable Development Strategy which requires development in all aspects to maximize competitive advantage in order to achieve well-being, production, prosperity, success, and interest. Read more...
Compensation according to Egyptian Laws
High volume of daily commercial transactions in the economic environment globally and locally requires protection by the law to the interest of damaged parties due to breaching of agreements concluded between them. Therefore, the Egyptian Law defined that civil liability as the obligation to compensate for the damage caused by a breach of the original obligation, the original obligations arising from the contract, and others from the law. Read more...
Incorporation of Branch Office in Egypt
Pursuant to the Egyptian Company Law No.159 of the year 1981 and its Executive Regulations as amended by Law No.4 of the year 2018, and chapter No. 6 of this law set forth the basic rules and legal framework for the incorporation of branches of foreign companies in the Arab Republic of Egypt, as well as the documents and procedures to be followed for the purpose of incorporation of branches Read more...
SME Financing in Egypt
Although the lending activity in Egypt has been growing, Egyptian banks continue to enjoy ‘large financial flexibility as the credit facilities to deposits ratio remains low at a mere 42%’[1]. This figure is partially due to the fact that a minor portion of retail and corporate bases ‘actually have a creditor/debtor bank account’[2]. Read more...
Food and beverage safety in Egypt
Tourism in Egypt is flourishing, as it became a destination for many tourists due to its many attractions especially the peculiarity of its food. However, in some cases tourists suffer from diseases, infections or food poisoning due to the failure of hotels and touristic sites to observe the food and beverage hygiene, which lead tourists to the court in order to claim for compensation. Read more...
New Decree Regulating Representative Offices in Egypt
According to Egypt’s Company Law, the purpose of the foreign representative office is to study the markets and the possibilities of production, without any commercial activities including the activity of the commercial agents, and it shall be closed after completion of the study process. The beneficiaries in this case are the foreign companies. Read more...