Can one Company Act as a Guarantor for the Other ?. According to the Egyptian law Companies cannot guarantee another Company unless it is stipulated in another Company’s Articles of Association that it can participate in any manner with Entities carrying out activities similar to the Company’s activities, or which may contribute the fulfillment of the Company’s activities.
Official Gazette – No. 10 bis (C) in 9 March 2014 Decision by the Prime Minister No. 376 for the year 2014 Prime Minister Upon review of the amended constitution promulgated on the eighteenth of January of 2014; and