Updated Minimum Wage Law in Egypt
In the past, Egypt has moved a great deal towards setting labor rights and standard living conditions through setting minimum wage law. This reflects the very real application of some understanding of the whole government from a social justice perspective but would, even more so, provide an economic atmosphere altogether. Labor Law No. 12 of […]
Implications for Notarization and Powers of Attorney
On January 24, 2024, Technical Circular No. 4 was issued to various Notary Public Registration Offices, Documentation Offices, and General Departments of the relevant Authority. This circular addresses significant amendments related to the notarization process, particularly concerning the recognition of powers of attorney issued abroad. Understanding this circular is crucial for legal practitioners, notaries, and […]
Supply of Materials for Nuclear Energy Sector in Egypt
Egypt has been working on developing its nuclear energy capabilities in recent years, with plans to construct its first nuclear power plant at the El-Dabaa site on the Mediterranean coast. However, the country is facing some challenges in securing the necessary materials and components to support its nuclear energy ambition. Key Nuclear Energy Legislation in […]
Amendments to the Egyptian Investment Law
The Prime Minister issued Executive Regulation No. 1203 of the year 2024 to amend some provisions of the final regulations of Investment Law No. 72 of 2017 to define the text of the second paragraph of Article (10) and the texts of Articles (41), (42) and (43) of the aforementioned Investment Law to increase and […]
Investment Funds in Egypt
Egypt has a growing investment fund industry that has seen significant expansion in recent years. The primary piece of legislation that regulates Investment Funds in Egypt is the Capital Market Law No.95 of the Year 1992 and it’s Executive Regulation No.135 of the Year 1993. The Egyptian Financial Supervisory Authority (FRA) regulates and oversees the […]